Thursday, June 29, 2006

What makes trading so difficult

Look at the chart below.


Everything in me tells me Go Short, while I should be looking for Longs. If it's the other way around the chart going from upper left corner to the lower right one, I look for Longs, while I should be taking a Short.
There is just 1 Top in the Trendmove above to go Short, but there are numerous opportunities to add to a Long. So why am I still looking to Short it, before the time is ripe?