Selling Dow

fxipman (25)in #us • 7 years ago (edited)

Sold dow @ 25500 . I trade CFD
Dow has plenty of room to move down and still remain in an uptrend.
Will stay short below daily pivot.
Please comment or share your opinions. I would love to read them.
Thanks

Trade closed @ 25435

Waiting for a pivot test. If it gets tested than will talk more about possible trades. If it does not get tested than back to the drawing board. I will try to be back during us session.

#equities #dow #jones #stocks

7 years ago in #us by fxipman (25)

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fxipman (25) 7 years ago (edited)

I day trade. I try not to hold on to any set beliefs about which way the market should go.
As far as i am concerned it will go where it wants and never asks for my permission. So with that in mind i try to get into a state of mind that wants what the market wants.

$0.00

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fxipman (25) 7 years ago (edited)

Instead of focusing on which trading system or indicator you should use focus on knowing yourself better. Start by listening to the words you speak when trading is not going your way. If you find yourself angry and frustrated this is more of a problem than the financial loss. It will follow you in every area of your life.
When angry it is equal or more detrimental than being drunk for your state of mind and all good decision making goes out the window. Spend your time and money on learning self control . A life coach or mentor is far more valuable in the long run than systems and indicators. You can not control the market but you can control your temper.

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boulder2018 (43) 7 years ago (edited)

I didn't know you trade CFD... is that easier than Euro?
If I were, I only push one button: buy..it will win 100% at the end..
( kidding,, seeing equity, they only have one direction, that is : UP)

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