March 15, 2010, 2:00 am
A Successful Trader's Perspective...
Another thing I learned: Our mind plays tricks on us. When we are looking for a support/resistance to hold we can look back at the charts and see all the places where this was true. What is overlooked are the many, many instances where this was not true. I do not even use support/resistance or volume for that matter in my trading. Some of the best trades are breakouts from these areas, which in the past I would have been 'afraid' to take...
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