It is believed that no one technical trend indicator will do superbly well every trading year. As readers traders can see in the 12pm6pm indicator and another indicator that we did update for the year 2016 as shown below titles.
December CPO Futures Trading Plan
The Stop And Reverse Trade Signals For Year 2016
Both technical trend indicators had their best year and worst year before, and will continue do the same year after year. For example, The first one is hitting less than 800 ticks yearly target this year while the second one is more than 800 ticks based on per contract size basis. Therefore, one is earning less than 100% yearly rate of return while the other one is more than 100% yearly rate of return.
Find your own comfort zone on which technical trend indicator you like most and work on it. Then, you will know how far you can go.
We write and publish it today (15/12/2016) even though it is not the last trading day for year 2016 as we wish to send out early greeting to all CPO Futures traders - Happy New Year and wish you all have a good and prosperous year ahead.
Final advice:
- since you are not super trader, do your job on "Data Collection" to build up your discipline,
- face the "Multiple Losing Trades" to strengthen your trading psychology, and,
- conquer the "Fear and Greed" in trading success.
All the best to all CPO Futures technical trend traders.