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Replies to #31939 on lowtrade

lowtrade

05/17/12 4:14 AM

#31941 RE: floydianslips #31939

XIN

How does the saying go?

Never believe the PR story, trade retail reaction to it.

You are quoting a PR story.

Entered early and learning why to wait. You don't know whats going to happen till it does.

By the way APPA did happen and is in play. Posted about that one ihe 1st week in May. 53 target about be reached. The point being, don't trade what you think is going to happen. Trade what does.

Find the pattern, project the target, trade the breakout. Keep things basic, simple and clean. Trade what you want, not what is in front of you. Plan the trade and trade the plan. Successful trading is NOT as hard as most make it, if you just create some rules and follow them.



The earlier you enter before break the higher your risk for success.