Look at the down trend.
But it's really not that bad.
The longer time frame trend trumps the shorter one.
I use multiple time frames to identify trends.
If you day / swing trade, you need to know trend.
If you are lucky like I am, you need to know when your luck is going to run out.
So lucky that I sold a majority of my TZA position around 44.
Last point for you to ponder.
If I have 4 winning trades and 6 losing trades, then am I profitable?
Tuesday, April 7, 2009
Trend Always
Posted by Unknown at 7:48 PM