The BTDers just couldn't allow the market to close on a low. --This is not good activity though for a T day is it Vawl? ---Talk to you soon---
When I trade it is just me an my charts. I can always tell when some unusual news breaks but I never know what it is. Thank you both for the heads up!
There's a downside to running a journal, which is proving to yourself and others one is a good trader. It is difficult to lose face. Hence one can dig a hole for themselves. In my opinion the best way to trade is react, not anticipate, greed is what often creates the trading anticipation, wanting in early in order to gain the most. On hindsight, I'm sure Issy would not have placed a short, history has proven that, ES continues to grind higher. To capitulate now would admit defeat, continuing to hold short increases financial losses. Oh what a conundrum!
I monitor maybe 200-300 market bellwethers in USA and internationally. At the moment USA healthcare and gold are indicating to be a defensive plays for the overall market and are weak (market bullish). Copper, Iron ore, coal, mining, oil generally are strongish today, which is bullish. Market is hesitant but not bearish, climbing a wall of worry. If the shorts capitulate because of increased losses that will cause the meltup. A meltup will be very painful, as holding shorts will get toasted, dumb money entering will get fried on the possible sudden reversal.
mickey with his emo thread of despair railbirding B1S2 and offering advice. You're both allergic to money.
Magic futures working there magic, watch the float higher....Pull the offers and hit it with a 1 lot....up up up it goes.....Like magic! https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html