here we draw our imagination for oil ... however we know that sometimes the waves make a different dance.
recently, we learned that deciding or knowing where the market is heading is one thing (this is important) .. but probably more important is knowing how to trade the market moves.
on this journey, one learns that his trade is a function of its stop-Loss (T =F(SL) )
how to trade a rally (or decline) .. channels ... chart patterns ... and last (and least) indicators ... are tools one has to see how to employ to get successful in every trade.
note that a successful trade is not a winning trade .... it could be a losing trade .. but a trade in which you didn't loss more then what you were anticipating (say 1% of your equity).
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note i always use "we" because i don't like to always say "I" .
'
USOIL
recently, we learned that deciding or knowing where the market is heading is one thing (this is important) .. but probably more important is knowing how to trade the market moves.
on this journey, one learns that his trade is a function of its stop-Loss (T =F(SL) )
how to trade a rally (or decline) .. channels ... chart patterns ... and last (and least) indicators ... are tools one has to see how to employ to get successful in every trade.
note that a successful trade is not a winning trade .... it could be a losing trade .. but a trade in which you didn't loss more then what you were anticipating (say 1% of your equity).
---
note i always use "we" because i don't like to always say "I" .
'
USOIL