How Soon is Now by The Smiths..... an old favorite!
OK so todays trading tips by Kris are :
1. don't freak out when you are down.... or when you go negative..... depending on the size of your account.... USUALLY it will go back up..... remember the market does go up and down.... for example... even the worst depression in my lifetime 2008=2009 all of the markets/ equities have all recovered AND gained hundreds of percent since then...... some thousands of percent.... so be patient... if you SELL every time you're negative.... and freak out.... you'll never have gains.... here's a great way to make sure you get in and out at the right time....
2. go to a daily trading chart.... atr.... insert the ATR..... average true range per day.... this will tell you what the volatility and how much this future/ stock/ equity/ bond/ currency moves per day....so then go to 60 minute chart and take the 'current price action' (what price is at now) and add the ATR and put a SELL and subtract the ATR ... look for a good demand zone and put in a buy..... then:
3. patience... you must wait for the price action to come to your numbers whether it's a sell or a buy..... never chase price... you will be sorry.
more to come...
peace and blessings
