After experimentation with quick morning momentum setups we have determined that we are not able to outsmart the market and choppy price action is part of trading. We ended up with an overall loss of ($138.23) even though our setups behaved as planned. Take a look at SNAP for a trade that we missed because of our tick by tick analysis that we have concluded does not work.
Check out the the charts below to see the trade and how it played out. Any questions shoot us an e-mail at [email protected] or leave us a comment below.
Phalanx Equity Curve:
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