Last week the Dow tested the yearly R1 pivot for the 4th time. Usually we break thru on the 4th test of resistance or support. I'm not sure what we will do this week. Good thing since I'll be traveling.
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1) Protect your capital 2) see rule #1 3) don't trade what you think, just trade what the charts say 4) use stops on all orders 5) never let a winner turn into a loser 6) never buy R2 7) never short S2 8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!