“What do you want?” I am asking myself after closing the position. In fact, I had two entries to go Long NQ futures. I gave up the first one which appeared around 10am. Reason being I had a bearish view of NQ given longer time frame looked rather bearish. So I decided to wait for [...]
We have some positive change in index futures. Other than NQ which looks rather weak for the moment, YM, ER2 and ES are showing some strength.
From the desk of Tradergav.com
Here is another piece of trading rule from Paul Tudor Jones, quoted from Market Wizards: Interviews with Top Traders.
The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. I do [...]
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