Retail Trader Beware
Do you remember the days of identifying a trend and then riding the momentum to a decent profit? Current market conditions will easily shake a bull or bear out of a profitable position. Im reminding myself that securing profit is better than looking and holding for the big trade. Traditional technical analysis will not work in this volatile market. A retail trader has to identity the momentum and take what they can get and get out while they still can. Avoid getting whipsawed, and the massive losing trade... advice I try to adhere to myself.