Disliked{quote} This is likely due to fluctuations in volatility. Keep your eye on volatilies and adjust as need be. By doing this you'll be trading market feedback and you'll capture most of what's on offer. There isn't much point dreaming about the big fish when only little ones are swimming about. It's good you picked up on it, we'll done! Regards.Ignored
Don't forget this is a zero sum game. When a day comes to its close, all those buyers in it for the day start to close their orders. skfx and rjtn already have by the sounds of it. When a buy closes it is a sell. This is when inexperienced traders close what they wanted to be longer term trades. They add to the effect. Sometimes, if the day has had a big move, this effect is magnified and there can be what is called a stop run. This is sometimes called stop hunting. Every time a stop loss is hit, that buy becomes a sell and the market becomes frightened that the trend is changing. This happens on all time frames.
The overview is the main trend. If the price has trended on the monthly and the weekly, for example, (please don't ask me to define this!) then it doesn't take long for serious traders to realise they have a good price to re-join the trend if the fundamentals have not changed significantly.
It's up to you. If you look at the monthly chart and drool, but haven't got the nerve (or the margin) to see 1 or 2 of your soldiers get through when 4 or 5 or more have died, then you will never reap those rewards.
Gone to a better place