#adp01 Today Monsato moved down by 10.4%, which takes our 2 day total to 13.9% profit. Catching moves like this is exciting, and scary all at the same time. It is very tempting for many novice traders to become greedy, thinking that the money train is unstoppable. The other thing that can happen psychologically is [...]
Today was a perfect example of taking advantage of a counter trend rally as a perfect entry point for a trade with the trend Yesterday, MON was up almost 9%, however, during the recent counter trend rally, all up days have been on much lower volume the down days. Yesterday’s rise left the downward trend [...]
A quick update. Monsato, along with the market, has opened higher today. I'm would wait until the last hour of trading today to open this trade, as it will give a really nice entry point and increased profit.
