In this video lesson we have a lot to learn about trading from the hip. It was a max-loss daytrading session for me. The first in nine-months. I knew it was coming. I could see it coming. I decided to make a horrible life/trading decision and FORCED it to happen. I review what we can do to avoid this moving forward. I also go over the new EOD signals following today’s market sell off. Happy trading. Aloha.
***VIDEO LESSON CUTS OFF RIGHT BEFORE I FINISH. I was going to say: “Did MOB ever trigger any buy stop order using the rules of dip-n-rips? Nope. It never broke out of the high of the candle established in the first minute of trading (you always wait until after the first 2 minutes or 3 minutes–its up to you; I use 2-minutes)? Nope. It sure did not. No trigger. No trade. No losses. That is how it should have gone today. Instead, I cheated and … max loss.”
