I've been watching MDCL as well. I had the same inkling. My thinking is that it will go to the end of the conference. It doesn't have strong news or volume, though. It looks like a pump and I think that it will fall off at any moment. So, I'm staying out.

Learned from watching OOIL

Inching forward is good. I think I'm inching forward. At least you're chickening out after you get profits. I chickened out today and had to watch my plan play out without me.

@haafamillion I've had plenty of those kind of trades and I use to beat myself for not holding out but then I have learned to learn from those trades and to dissect the trade and to figure out why I got out. I also learned to just let it go and look for the next one

That's about where I'm at. Let it go. It will come again. Each time I get more confident and more prepared for the next one. I meant to blog about it today, but life.

Have you tried using Fib levels to see the previous price action and the possible future moves. In PM price had tapped 0.4039 and at the opening the break out was around 0.4901 area, of course hindsight is 20/20 but with some practice the fibs can get you in the stadium before the crowds

I haven't studied fib at all. It's on my list. :)

The insight learned from this trade will make a better trader tomorrow

Did you deliberately decide to style and curate a warrior-centric blog? Or is it something that comes naturally to you? Or both? Can't wait to read the "Warrior's Guide To Trading".

Well said. thank you for this post. #nodaysoff

なるほうど

@haafamillion あなたの目は開かれています😌😌😌😌

称えます

Great moral of the story. I continue to endure the pain of the lessons of a newbie. It is with great honor that I read your musings, and wise words. Thanks for the encouragement to pick up the pieces, find the lessons. study, stud, study and move into the next day.

If you learned from this trade then some good has come out of the carnage and you will improve. Clean and dress your wound and it will heal and you will become a better trader

I always appreciate our interactions, friend.

A wise man once commented on my blog, it's not the size of the gains, it's the quality of the trade.

@haafamillion 👍😊 Singles are just not as sexy as home runs

I feel that, but better a single than a strike.