Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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Dec 4 4:00 PM EST

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To: beckya who wrote (38224)	10/20/2005 12:44:05 PM
From: Ken Adams	Read Replies (1) of 39683

I trade the ER2 on a 5 minute candle chart. In looking back at my 3 losers this morning, I see each time the momentum swung against me after only a few minutes in each trade. It was three strikes and I'm out. I just came back home from a walk and see the chart is just as erratic now as it was when I traded it earlier this morning. I think I'll drop back to about 2-3 contracts tomorrow and rebuild some confidence before going back up to the 5 and 8 I've been trading. Meanwhile I'll go work on my acrylic landscapes. Haven't touched a brush in over a month, seems like. Should be good therapy, wouldn't you think?

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