Wednesday, December 26, 2007

What to Look for When Considering a Market to Enter

Please remember the typical market spends from 70% - 85% of its life going nowhere. In that portion of market action, most traders lose. Only 15% - 30% of the time does the market trend (Trending Market After a "Breakout"-I'm using fractal tf1hr & 4hr as a breakout signal.), and traders who are not on the floor make nearly all of their profits in the trending market.

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