Pre thinking can give you a edge
November 27, 2009
The time to think about a possible ambush was on Wednesday. We had a hard look at all open positions and exposure on Wednesday and was comfortable . This is part of the post I made on Wednesday at Members site. When you are active trader, planning for likely possibilities can help you stay ahead of the curve.
Posted by: easyguru, on Wednesday, November 25, 2009 12:28 EST
| Plan for a possible ambush on Friday or Monday. Friday will be again a light volume session. | Possibility of weakness on Monday should be seriously thought off. It may not materialise , but plan for all possibilities. |
| What is your trading plan for the rest of the day | |
| What method is your primary focus till EOD | |
| continued.................... |
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