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Tuesday, April 7, 2009

Trend Always

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?