ha! I'm very much an apprentice! (despite my many years of trying to make money at this $ht! lol) I'm essentially a hobby trader. Don't be fooled by a very good spell recently! Make no mistake, at times you'll see me post live trades for weeks where it's as if i'm allergic too a winning trade lol. I gave up on the idea of this being a way to make lots of money many years ago. I'm basically just a bit of an addict and have organised my life in a way where I have time trade the markets a lot during the day. The amount of money I make or lose at this in a month is never gonna change my life too much for better or worse. I think that's how it should be unless someone really has a sharp edge (which i do not)
I really thought you'd guys would get way more out of this, 26 points it looks like at the max, 10 at the close. Not the best, but at least the entry call worked out. Undershot by by 2. Tbh though, I really thought we'd get 50+ points or I wouldn't have even bothered you guys. Oh well.
No idea. You just have to play it by feel. Predicting which way or to what degree the indexes will move from more than 12 hours out is tough. Especially right now. I have to see the day before, and its close. And also the open at 6PM ET. Today won't work for that because of 3x witch and (literally) over $1T in NVDA options expiring today. Next week is anybody's guess for now. We'll see what Monday brings. EDIT: Plus we have the Great Debate next week... that'll be as interesting as a Wednesday PM FOMC rate decision as the markets go I'm sure. If Joe keels over on stage... buy the dip.
Well, if you zoom out long enough, surely it's up, no? Personally, I thought it was interesting that yesterday didn't drop more than it did as TWD is usually (80 %) a red day and even a fairly red day. Next week also marks the end of June. Have to say I'm feeling pretty bullish still.
Maybe...if we don't just keep grinding higher into month end. Keeping any eye on that gap below if we see a dip. Some potential market movers by end of the week.