Tuesday, June 11, 2013

Have a trading plan?


Michael Covel from trendtrading.com posting this on his Facebook, looks spot on. 



Another one from Bramesh Technical Analysis -

"It is difficult to tolerate even normal drawdowns unless you have confidence in your methods. This confidence does not come from mere positive self-talk. Rather, it is a function of testing your methods (historically and in real-time) and seeing in your own experience that they truly work."


BTW, 30 year is dumping again this morning, but yields will soon be coming in at important resistance. What I dont know however is what level this maps to on September ZB futures.


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