Friday, May 28, 2010

Crazy End to the Day

If you don't know something that 99.99% of traders don't know, like how to foresee price action like we saw in the last hour and a half of trading today, then don't try to trade it. Watch from the sidelines and observe. It is almost impossible to scalp trade in the moves that we saw today without having market data that most of us don't have. Fear will lose you money almost every time in this type of market...

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