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Pre-Open Plans and Hypotheses

May 12, 2012, 1:54 am

Pre-Open Plans and Hypotheses

Speaking of "doing the preparation," I was the most well prepared this past week I have ever been, and traded the worst. I am always prepared to a certain degree, but this idea of "I must have a hypothesis and a plan" before the open is, IMO, a bit of hogwash, though perhaps it works for some. The basic problem is this: let's say the market is at 85. Well, I have identified two "areas of interest" at 90, and at ... Full Discussion

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