TRADING BLOG EP. 29 - 7 HANDLES IS ALL YOU NEED
A lot of traders want to catch the biggest move. They see a huge trend, an they try to squeeze themself into it. It’s almost like putting a square peg into a round hole. It just doesn’t fit. That’s why when I trade, I take what I can get.
I don’t impose my will onto the market. I let price come to me, and if the setup fits, I go for it. If not, I sit on my hands. For that reason, when the market offers me 7 or 8 handles, I am happy to take it. I don’t think I am better than that. Some people think they are only worthy of 30 or 50 point moves. But the reality is, you will never get those if you don’t take advantage of the 7 or 8 handle moves.
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