This content is restricted to CTU members
Today we interview community member dimliwitti. His first trade of the day was on XLE on the 5 minute chart. After the first 10 minutes, dim took a quick trade that was a quick loser as the action was quite whippy. An important thing to realize is that he did NOT beat himself up over the small, controlled loss. He knew what he did wrong (which was jump in too early) and would not do that again. He spotted another opportunity and took the trade. This second trade almost immediately goes in his favor easily wiping away that first loss. This trade was 10x the size of the initial loss proving that if you take logical entries and allow the RvR to play out, immense success is possible.