There’s an old saying about those who forget history. I don’t remember it, but it’s good.—Stephen Colbert
You have to pay close attention to one thing on the chart if you trade naked: price. Price is king. Price will tell you all you need to know. The wonderful thing that all markets have is this: a history. The mar- ket will tell you where the sweet spot is on the chart. These sweet spots will be the foundation for everything you do as a naked trader.A sweet spot on the chart is a support and r…
You have to pay close attention to one thing on the chart if you trade naked: price. Price is king. Price will tell you all you need to know. The wonderful thing that all markets have is this: a history. The mar- ket will tell you where the sweet spot is on the chart. These sweet spots will be the foundation for everything you do as a naked trader.A sweet spot on the chart is a support and r…