I made my +6 points early and I'm done. I've do best by taking small bites and stopping when 80% full. Both of these trades were longs following successful bull defenses of yesterday's high.
Nice shakeout. Seems like I got positive slippage on that one. Re-entering long here, but not betting the farm. See if we can at least test 30.
Oh i didn't think that lol, I just like pointing out things i write when a feeling hits me, if they turn out right
Well we made 5600 spx, 5700 still might be a reach though. Powell is conservative, and I bet if the truth were known, he doesn't want to cut yet. I think 50 basis points is out of the question, I bet we get the 25, but he says something like if he see's signs of things heating up, he'll reverse policy again. If we do get close to 5700 between now and next Wednesday, that would be the time to sell for now. Unless we get close to there today. Then use 5734 next week.
LFG, bulls! I will only regret not being bigger now, but doesn't feel like a position to push the long side with size as I'm too close to the market and we're at the end of a big move already. Stop at 20. Targeting 40/60. If my stop is hit, I think I'll use the lock-out function on TST and take a weekend with a small green day.