SPY/QQQ Plan Your Trade For 12-13 : Carryover In Contertrend

一昨日

Today's pattern is a Carryover in Counter trend mode.

As you'll see in today's video, I'm highlighting many various new features and techniques to help traders understand price movement and context related to trading opportunities.

We need to understand how to target opportunities and how to avoid risks.

I had a long conversation with a subscriber yesterday - he's struggling to understand how to trade efficiently.

Trading is all about jumping on opportunities when they hit and trying to avoid risks and overtrading.

I see so many people try to trade everything that ticks - even when they should be sitting on the sidelines and waiting for better opportunities.

If you want to gamble with your trading account - throw a dart and pick BUY or SELL (RED or BLACK).

If you want to learn how to consistently target the best trade setups, then learn to WAIT for the best setups, execute your trades, then PULL PROFITS/EXITS as quickly as you can.

You should be able to trade only 2 to 3 times a day and do very well - if you don't get trapped in trying to WISH a trade into profits.

Remember, trading is unlike anything else you've ever tried. The more time you try to WISH something to happen, the more likely you are taking on excessive risks.

I'm working on new tools to help all of you develop better skills.

Get some.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold