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Volatility But No Setup

Tuesday, 08. November 2005



 


S&P 500 E-mini made a high of 1227 and continues to hold support above 1216 identified a few sessions ago. Still no setup to enter on. Not much to do, but it gives time to reflect on the medias compulsion to explain why the market goes up or down everyday. It's just not possible to really know why, and it doesn't matter. A trading method responds to what the market does, not what you think its going to do. Trade without opinion or bias and your trades will benefit ....  And you may sleep better too.

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