Support and Resistance Trading Forum

Re: Opting out
By:Bobby Cook
Date: 7/9/2010, 8:18 pm
In Response To: Re: Opting out (Rob)

As a Follow up, Rob and Eric can correct me, it is my opinion that if one has a large enough account that there is an abundance of trades to be made in the commodity markets using the Daily Charts and the support and resistance stratergoes as presented by E. The problem is that the volatity of the day trading vs the night trading is such that it requires deep pockets to be able to avoid being taken out becausue of volatily...If you can not execute good money mgt when making these trades than you do not need to be trading..

For instance, I turned over 50k$ worth of trades last year and lost net 500$
.. I Had a good time but good grief..

I would not want to be calling trades in this kind of market...

Bobby

Responses To This Message

Re: Opting out
Rob -- 7/9/2010, 8:49 pm
ONLINE COMMODITIES TRADING