The STRAT by Rob Smith
Here's another trade with Rob Smith's THE STRAT
So this one was a no brainer.
Personal Notes:
What I'm noticing as I trade more with THE STRAT is my lack of patience. I tend to jump in early, or ignore what higher time frames are doing.
Also I like Rob's philosophy on risk management. "If it doesn't do what you want get out." When trading the THE STRAT a move is expected if it doesn't happen don't wait for some break of a "support," get out of there! Because of this my losses have been small.
So this one was a no brainer.
Personal Notes:
What I'm noticing as I trade more with THE STRAT is my lack of patience. I tend to jump in early, or ignore what higher time frames are doing.
Also I like Rob's philosophy on risk management. "If it doesn't do what you want get out." When trading the THE STRAT a move is expected if it doesn't happen don't wait for some break of a "support," get out of there! Because of this my losses have been small.
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