Big Money Fakeouts And Why S&P500 Is So Hard To Trade
This week my trading hasnt be succesful. I dont use trading as my main platform but i think it should be. When i trade ES with ninjatrader my winrate is so much worse when using tradingview. I think its because of my psycology and my tight stoploss on ninjatrade. When ever i trade with tradingview i feel chilled. Specially in S&P 500 the volalitety is so huge so i always got stopped out even tho the trade is eventually going to my direction. When trading breakouts i think it very important to have one high which is like overbought to see that the trend is over. You can see in the chart the price moves quickly up taking my stoploss and the going bearish. So peapol dont entry before this move. Like whatever you think is gonna happen the freaking opposite happens. Its literally a patter if the Markets open bullish the bigger move is usually bearish. So when ever you trade S&P 500 let the time do your job and let the trade breath.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.