Even though markets are in correction, I keep on trying to stick some of the trades. I am not having good luck with any of these.
You can see in the performance spreadsheet that since past 1 month, mostly all the trades have been negative and there are these drawdowns. I am not worried about it as I know that once the tide comes through, it will lift all the boats.
Keep on trying and stay in the game with very very small positions. Since the sentiments have now changed, (80% bears vs 20% bulls from 80% bulls to 20% bears), I am expecting a rally anytime next week.
Keep the powder dry and wait for the setups.
You can see in the performance spreadsheet that since past 1 month, mostly all the trades have been negative and there are these drawdowns. I am not worried about it as I know that once the tide comes through, it will lift all the boats.
Keep on trying and stay in the game with very very small positions. Since the sentiments have now changed, (80% bears vs 20% bulls from 80% bulls to 20% bears), I am expecting a rally anytime next week.
Keep the powder dry and wait for the setups.
1 comments:
Be cautious, we might get a bounce rally from oversold conditions but market seems to be stuck in a range or may continue correction further...
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