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XJO - Bear Posts only (Factors which might cause the markets to fall), page-265

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21/01/22

14:35

Post #: 59043054
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Originally posted by JethroJ: ↑

Yeah this is the actual risk, this is the problem.

1. Close half short and we bounce, fantastic I saved profit.
2. Close half short and we gap down, bad I lose a lot of my position.

And reverse if I just let it ride obviously.

But the Wyckoff/VSA and what I try to be "consistent" with, like the fundamental is sell weakness in price action and buy strength.

So if the $XJO closes on the low, it's a fundamental rule I should listen to 100% of the time, in both long and short trades.

But that's where bias/emotion comes in.

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Yep.. 80% of the fight is the mind

XJO Value at posting: 7,172.2
1 Upvote

0 Great analysis

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