Author: tradermedic

Mistake: Bull in a Bear market

Today I was trading USO, but didn’t see the markets turn negative. You can see from chart below that the USO tracks the wider market closely. See the comparison lines! Lesson is to always have DOW, S&P, and NASDAQ on screen to look for a turn in market. There were […]

Mistake: Not reading emotions

Today was a mess. I didn’t read my emotions correctly, and ended up making multiple mistakes which cost me dearly. Let me explain… My trade started with a pre-market purchase of EFOI. So I bought in at $3.48 pre market and was happy with the entry as price action soon […]