Click on chart for a larger image of the Crude Oil trade considered today.Here is a perfect example of having an awesome signal, and no followthru at time of the trade. This trade went on later in the day to touch it's trendline, bounce off then go on to target and upper target respectively.
Sometimes, you just can't get a break as a trader seems like, but discipline, patience, and self-control will keep you in the game. Don't get discouraged when in your trading week, that you finish the week in the LOSS column.
This is bound to happen in your trading career. Nothing and I mean nothing goes straight up without coming back down ... following sound money management techniques then the valley will not bring you all the way back down before you start your next ascension!
Good Trading,
David "Tiger" Knight
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