Thanks, ML, you know I did a lot of preparation for months before I gave it a try. But ask me in a month how it's going <g> Or a year, if I'm still around : )
If I'm not, that will be the answer!
A week of doing it right was good for confidence, and helped eliminate the fear level. But constantly running through my mind is the fact that 90% of futures traders lose money...so that keeps me on my toes, and humble.
Actually trading the damn things makes you about as humble as you can get, they let you know constantly how fast it can all be taken away. Profit one minute, gone the next!
I like the fast movements though, you can get in and out fast.
Look back at the previous post, there's some PXLW info.
I just took another look at that long term descending wedge, and realized the bottom is around 14.50, so it may go back there. Hopefully only for a moment! And to fullfill the wedge is does not have to, but it may.
Look at a daily chart. It looks just like a bullflag, but without the pole. There has been a ton of these patterns lately, and most have broken out of their downward sloping consolidations to the upside.
Please post on the thread more often. If we could just get pooh to join in, the gang would all be here. Maybe we could even talk Laura into subscribing <G>
. |
