Counter traded long at end of day, down $ 25 for the day. Hopefully, I can continue to keep my losses small. No more trades for today to try to make it back. Yesterday, I lost on 1st trade, but made a profit on 2nd trade that was more than my loss.
What's your position like now ? Last update I got from you you were adding to your shorts around low 20s. Thanks
three shitty trades today.. down 63 bucks.. believe it or not i wasn't using stops when i started.. today my stop was to close to the action.. i got knocked off.. then i got a bit shakey and scatter brained and started whipsaw trading..
i don't see this as strange. there is more questioning now within the fed about QE. if they stop buying, who is going to buy at such low yields with a current economy that is still being spoon fed by fed liquidity. i wonder what will happen to US gov deficit every 0.25% increase in bonds. this is another bubble but this time at gov level, not good. enjoy the euphoria of the media cause it won't last long.