Choppy Market today... Anyone else

My broker made money today 40 round trip on the YM

 

Compare the first 15 minutes of the day against the previous day. What are you trading?

 

made some in the morning, lost some in the afternoon, overall in the green a bit. Of course such a environment is not super friendly towards trend trading systems (for day traders)

that is to be expected once in a while

 

i like to watch the slope of the 20 and 50 smas, if they are both flat = do not trade

 

Stocks

 

Sounds like a very good idea.
I will try to remember this next time.
What time frame do you use with 50,20 sma?

Thanks for your help.

 

I bet you are frustrated you couldn't short today, YES?

 

price action

 

I was long and short throughout the day but kept getting whipped out of my trades... a tad frustrating.

 

3 trades up 100 bucks

moderately expensive education today


up 400 on the opening gap
then spent 300 of it back on 2 trades learning where to set stops around the pivots

obviously didnt learn much since I lost on 2 trades - 1 short 1 long

try again tomorrow....