sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Friday, January 29, 2010

when WMT was down below the MA's thursday afternoon i was thinking
it has been a solid move and now ill just wait to get out. but i know with this 1 hr TF that you might be sleeping when you actually need to exit, which is why i avoid this TF and is what happened, along with the lack of liquidity for this stock overnight. it was still good practice for me. now im thinking i would have to exit when i see reversal signals if i wanted to trade this TF, instead of my usual close past 20 MA. ill show this finished chart to help explain.

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