Maybe we were fortunate and maybe we just managed to get into the sector for the best part of the day but to be truthful that is making more of it than it really was. A lot of them are straightforward and flexible, so that any sort of trader can follow.
The downsides are, almost all of them can only be practiced when market is fashionable, there’s higher disadvantage risk and position sizing limiting, also traders are limited with their risk minimizing tactics. The majority of these systems demand worked out diversification, which is a good risk minimizing strategy. Maybe we were fortunate and maybe we just managed to get into the area for the best part of the day but to be truthful that is making more of it than it essentially was. This as you might imagine does not precisely fit the bill and the final result was market which started by falling sixty points right after the opening bell and then spent the remainder of the day see-sawing between 8300 points and the lower 8200s and at last finished at about the 8237 mark.
