FOMC actions

Discussion in 'Trading' started by TrAndy2022, May 3, 2023.

  1. M.W.

    M.W.

    So, then do that, I have not heard of any trades by you.

     
    #21     May 3, 2023
  2. M.W.

    M.W.

    You mean big enough so you can brag later on that you were correctly positioned in case the index goes up and small enough so that you can tell all of us how you exited without any serious damage in case the index goes down? LOL

     
    #22     May 3, 2023
  3. TheDawn

    TheDawn

    Can you show me an example of a post of mine where I bragged about being correctly positioned and how I exited without any serious damage in case I was wrong since you are so familiar with my posts? LOL

    I always thought I have been very low-key about any of my positive trading performance if and when I discuss about them and have been very honest about my losses but they might have still given an impression of "bragging" to people so if I can be shown some examples then I can watch out when I discuss my trading performance. LOL
     
    #23     May 3, 2023
  4. TheDawn

    TheDawn

    And also just to let you know, the main reason why I only engaged in a small position is because SPY is very expensive and I have very limited trading funds due to the fact that I am a retail trader so I am only able to do a small position. Of course you know that because you are not a troll and you are just always happy that another trader is doing well instead of resorting to thinking right away he's bragging. :)
     
    #24     May 3, 2023
  5. wow...what a whipsaw....i only did a few es trades during fomc...made $550 on a few mouse clicks and $0 on door dash today so far.
     
    Last edited: May 3, 2023
    #25     May 3, 2023
  6. TheDawn

    TheDawn

    Did you get out before the sudden drop-down?
     
    #26     May 3, 2023
  7. you betcha...i really want to short the stonk market as of 3:43 pm est. but it is almost end of the day so i'm gonna take my gains gonna do some sports betting for tonight.
     
    #27     May 3, 2023
    TheDawn likes this.
  8. TheDawn

    TheDawn

    Honestly I dunno why the sudden drop-down. The rate increase was widely expected and everything that Powell said was quite positive and still the market decided to take a dive. It's ridiculous.
     
    #28     May 3, 2023
  9. i have no ideas. i'm a price action trader...what i see is what i will trade. don't really care what jerome said. but i all know is everytime jerome speaks, there are volatility. and in order to make money as a trader, you need volatility.
     
    Last edited: May 3, 2023
    #29     May 3, 2023
  10. TheDawn

    TheDawn

    I think the market is going to go up tomorrow, judging from how the SPX put options moved. I am going to hold onto the SPY position to cash out tomorrow. I think the drop today is just somebody tp'ing.
     
    #30     May 3, 2023