daytrade diaries... may 20, page-116

  1. 815 Posts.
    Short term trading is like surfing. When it's flat or onshore, don't bother getting in the water, you'll just end up frustrated.

    When the big swell hits, pile in. Your wetsuit will be dry and you will be rested and ready to go.

    Continuing the analogy for any surfers out there, have you noticed how the locals mysteriously disappear about 5 minutes before the waves stop? They never shout out "HEY IT'S ABOUT TO GET CRAPPY, LET'S HEAD IN!". One nod and they'll all be in their cars before you know what's happened. And there u are floating around aimlessly - Hey what happened to all the great waves? They just stopped!!

 
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