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rgudgeon
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I am basically a trend trader. I have been out of this market now for some time as it (the market) has been up a down and sideways now for months. We have been in a sideways pattern for weeks and now we have seen a parabolic up move that just looks like it might blow off at any time. The problem is that when I am out of the market I make no money - but don't lose any either. Is it better to sit back and do nothing when the market is like this or should I just look for setups and work them regardless of having no direction from the market?