Missed that trade by .02 That was $2 ago.. Looks like we will break that upper line today.. what a day to do it... A big message to shorts..
Grabbed a few pennies here and there with UWM.. I have a trading friend that's been short last 3 days and refuses to follow the markets.. MESSAGE TODAY: TRADE THE PRICE AND NOTHING ELSE!!! You can fight to be right anywhere else, but the markets.. A true trader has NO bias... If it means not reading news so be it..
Still on average choosing to veer off plan and paying price for it. Long from Friday into Monday was expensive.. Markets had been up 5 days in a row in thanksgiving week. Spending the years gains as tuition.
Man, it hurts to see you losing. I feel like I've been agreeing with everything you're saying and trading accordingly with moderate success... I liked what you wrote on Friday especially. You feel we will open higher Monday? Hold anything over the weekend?
The source of the losing not a mystery, never has been. Here for the long haul... in time I will right the ship. As soon as I can learn to not be such a perfectionist when it come to entries as well as trading small if that means more comfort I will be fine. I am flat therefore prefer a down open as 900 to 920 S&P quite busy but will be shocked if we are not there very soon. Overall I think we may build another lazy wedge going forward.