Feel terrible every time it happened, especially market play out perfectly and you got stopped out because you try to stick with your risk management. But yeah, just another day in trading. still going to happen thousands of times.
Sorry, I don't speak your lingo. Or did you actually mean that I should take it up a notch? Don't ask questions. Just go long.
https://www.newsweek.com/elon-musk-doge-edward-coristine-big-balls-kgb-agent-2036520 I was just joking, we all know you're the only bear who's not a pussy
What do you mean by trying to stick with your risk management? If increased volatility requires increased stop size, the solution is to size down, IMHO. Anyway, what you described from yesterday's session is only too common. And that's why I often say that (day) trading is a very marginal business. Usually, there's not much difference between zero and hero. Some days you can enter long near a low and it's smooth sailing to target without any adverse movements. Other days, you do the same, but you're 'wicked out' on a tail bar which takes out your stop and then goes to target. In fact, maybe it does that twice or more and then you're 'broke' by the time the market finally moves.
Yes. If I recall correctly, PCE have been close to a non-event lately. Maybe it's different today in this volatility with inflation concerns picking up again among everything else that's going on in the United States of Trump.
Shorted 94. Stop at 98. I think I'd like a 5850 touch in RTH at least. Like discussed yesterday the short may not be easy as this can rip higher quite a bit first. But I like this as an initial attempt on small size. Have to be ready to switch sides now in case I'm dead wrong and we rally straight off the Open. EDIT: Locked in a point at 93.
Whenever I short I feel I'm at the mercy of the market. I do not like it. LOL. Breaking this one even soon. I have some confidence in that 5850 touch minimum, but I'm far from certain and the path there is unclear...
No worries, bro. Today's bears are not the same bears you saw back in the days (collectively speaking). They're fake pussies. On the other hand, real Pussies get no respect anymore. Anyway, happy trading.
I’ve been watching different financial shows, they offer less propaganda than CNBC in my opinion. Some are old futures and option traders, they seem to think the Market is getting sicker because of US instability, who knows? The Market will tell us how she is feeling soon enough. Yesterday one of the PhDs was complaining Elon needs to stop remote working and get his ass back to the office because he’s making shorting TSLA like taking candy from a baby
If we break yesterday's LOD and lose it - I think today will slide. Regardless of which outcome it'll be, I think we'll get that test of yesterday's LOD and at least a nudge below. The X factor from my POV is if there'll be buyers stepping up there or not. Now, watch us rally off the Open without even testing yesterday's low. Haha.