Quote of The Day "When you combine ignorance and leverage, you get some pretty interesting results."
-- Warren Buffett
Old Warren is right about this one... by accident. He's known for decrying the "risk" of leverage all by its lonesome and at any turn.
You heard it here... leverage alone is no more risky than that home mortgage you likely have... which is, you guessed it, leverage itself. |
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ES 15m ES and YM TAOST Hi Power Zones continued to do their job even in this super low volume environment.
A pretty good looking Bias trade fired at 2858 during the session, but never managed to reach 2863. Even had it gotten there, I would have been quite happy missing it because I followed my process. |
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| TAOST Bias -- Account Balance $5,630 No trades again today because of the pre-open volume... or lack thereof... yet again.
Do I want to trade? Yes...
Will I trade before volume comes back? Negative.
Click to see Bias Trades... |
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Chart of The Day
Trinity Industries, Inc. [TRN] |
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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Copyright The Art of Simple Trading, LLC 2018 All Rights Reserved |
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