Day Trading Blog: Trading Plan: Counter trend targets

On counter trend trades (S&P trades higher while FDAX trades down)
its wise to exit at every target (any open or closing price of prior days)

The Legal bit

Risk Disclaimer and Disclosure Statement

Trade at your own risk. The information provided here is for Education only and is of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action.

By reading this Blog, you acknowledge and accept that all trading decisions are your own sole responsibility, and I cannot be held responsible for any losses that are incurred as a result.

There is risk of loss in trading and investing. All trade decisions are your own sole responsibility.

Day Trading Blog

Saturday, March 19, 2011

Trading Plan: Counter trend targets

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