Correction coming, or crash?

Discussion in 'Trading' started by KCalhoun, May 12, 2021.

  1. I guess then I am doing quite well (massive). But I am not a swing trader, I am a futures day trader. And that's what works for me...
     
    #71     Jun 8, 2021
  2. Nine_Ender

    Nine_Ender

    I never said you might not be a great trader. All I did was point out you had irrational exuberance on the downside a few weeks ago. I just think it's funny how many traders get into a mindset that something new or incredible is happening when I feel like I've seen it all before. Different strokes I guess. Good luck doesn't sound like you need it.
     
    Last edited: Jun 8, 2021
    #72     Jun 8, 2021
  3. upload_2021-6-8_6-42-29.png upload_2021-6-8_6-41-16.png No s&p alarm bells


    flatline in lows
     
    #73     Jun 8, 2021
  4. My "irrational exuberance" was triggered by the thread's title (and quite possibly by my Economics background). And it was very short-lived (as in 2 days, May 12th-14th, which is an eternity to me), as I realized that I am a day trader, not a portfolio manager or swing trader, and corrected my view (bias) accordingly and immediately, and was then free to profit from very nice ranges. My only perspective is to be flexible, and bias-free.

    PS. Luck always helps...
     
    Last edited: Jun 8, 2021
    #74     Jun 8, 2021