The market knows when I go to lunch
I had lunch with a friend today and left while this bull flag pattern was developing. I had even put a Fibonacci retracement on it thinking that it might be a good place to get in. It set up perfectly about 10 minutes after I left with a bounce off of 61.8% and went on to make its target right before I got home. More proof that the market hates me.
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1 comment:
Rick,
The only time I will add to a position is when I think we're having a trend day. When that happens (and when I'm trading like I should), I'll buy in at every pullback until I'm out of cash.
Trend days are a new concept taught to me by Corey Rosenbloom, but I'm beginning to believe that I could make my monthly goal trading 1 or 2 trend days.
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