I’m curious as to what point you would have entered the “red slide” trade. Everything looks good in hindsight. But if the previous trend was up, then what would have notified us that it was reversing, other than entering it late, and riding just some of the momentum?
I’m curious as to what point you would have entered the “red slide” trade. Everything looks good in hindsight. But if the previous trend was up, then what would have notified us that it was reversing, other than entering it late, and riding just some of the momentum?
I don’t usually worry about entering late… see You Don’t Have To Be Perfect. For me, the rest depends on indicators, multi-timeframes, and momentum.