thanks ! Will definitely stay further away from F-day and the parabolic move after the announcement. went on live 2 weeks ago. might go back and forth between SIM and LIVE depending on performance!
Your perspective / mindset / intelligence /mental capacity / discipline / honesty / bravery / intuition / instincts resonate here. You've grasped and learned to use concepts in months which most can't in years. Keep working it. We applaud your journey. These markets are tough. BUT you are tougher You know how to survive. BR/ FMR
I did well and love today's market action. First time going through a Fed Announcement game? I should have warned you. Wild move one way or the other, and typically followed by sharp reversals. (Though sometimes... no reversal. It's not a given. May be need to observe the actions in the past.) The Fed meets 8 times a year. Usually on a Tuesday. Sometimes Wednesday. Check the FOMC meeting schedule. 11:15 am PDT announcing the decision on interest rate: up, down or unchange. It tends to move the market. Although there were times that it was a dud.
Hi Matcha, Sorry about today's trading. Tomorrow, all the good setups will be there for YOU!!!! The morning session was particularly hard, at least from my past experience on narrow choppy trading range days. I saw in the first 2 hours the YM cash index was trading in a 20 point range! Then comes the volatile session immediately after the fed announcement. Good thing is today, you got lots of great input and advice. I also learn from everyone's input including your own analysis. Thank you everyone! --po
And I am "vacationing" at Pismo Beach this week. I travel "light". 2 laptops, 2 x 22" mons. http://www.elitetrader.com/vb/showthread.php?s=&postid=2959728#post2959728
Yeah.. fashion queen Matcha ... put all your emotions into fashion but control your emotion when trading .. stay 'cool' ~ sweetie .. have you hear of 'xiaolongnui' in "the return of the condor heroes"?? ... the famous 'wuxia' novel by Jin Yong. when trading .. your character must change to be like her .."cool~cool" affectionately called by many people You must be super calm and super cool like her ... After trading .. you can go out party and wear all your emotions on your fashion clothes...the Super Hot Matcha!
my dear PO .. i asked hot Matcha be like the amazing 'xiaolongnui''s demeanour when trading ... You should be like "Yang Guo" then ... a brave pugilist ..."the return of the condor heroes" hehee ... You and Matcha are Great trading partner! sis is going back to paradise asia soon.. will be back to NYC next year LOL