29th Nov – Emini S&P – Trade what you see, not what you think
I’m sure you’ve all read or heard the saying, ‘trade what you see, not what you think’.
Well, that’s precisely what I didn’t do yesterday.. I kept on wanting to go short yesterday whilst the market kept on wanting to go up. I took 3 trades, all short at various levels and got stopped each time.
Look at the red arrows on my chart. I kept on thinking that the stochastics would turn and would turn the markets.