Again, if you're trading with a 40 point stop, sure, why not. Happy for you if you got a piece of that. Last year, even though I often felt like an idiot for not making way more, felt like a paradise. This - to me, your experience may vary - feels more like random gambling. But hey, best trading to all.
I'm not seeing where a 40 point stop would be needed if trading the 1. Maybe 20.---Of course, it depends on your TLNW and what your position size is.
Here's my psycho-babble of the day. I believe the market is always telling us what it's about to do. We just need to open our ears and listen.
Tom Sossnoff said today that nobody watches the bond market the way the Chicago traders do. Earlier someone on the finance channel mentioned the exquisite French bankers ability to understand everything by watching the bonds. You’re in good company!
The credit crunch hit in 2008, but I seriously doubt we’ll see a repeat of that now. It only happens when banks stop lending to companies, and even more so to each other. But not at all likely this time around IMO. Maybe if we’re looking at a second Great Depression.
Not a Schiff fan but I agree with this: https://time.com/7276234/trump-tariff-insider-trading-schiff/