Poll: Fed Cut

I hope you didn't get stopped out

 

I stay out of this kind of stuff.....though it did have something for everyone in that up/down move.....

 

Bet we close on highs.

(note I thought we had chance of 2-3 hundred point up day if they cut .50)

 

Yes, I did. I was going to stay away, but wanted to make a quick 10 points today on a pop. I should've went to the Casino and played Craps for 5 hours, it would've been cheaper and more fun. No more news trading for me. I believe I lost around $2,300 in 10 seconds.

This is one example of the need to use discretion to override a system.

 

Wow...I cant believe the 160+ swing is due to Winona Ryder being found guilty!!!!

I cant wait till they go after Martha Stewart!!! Volatility City!!!

 

I don't remember the last time that the initial move wasn't reversed and then confirmed like today.

I have seen this so many times, I am embarassed that I can't seem to pull the trigger and assume it will happen again. As it has virtually every time for the past 5 or 6 years.

 

I win. 1 of the 4

 

are the time frames over which the swings happen also relatively similar?

 

Intraday charts looks like an damn EKG pattern.

 

you're not the only one, who was afraid of being faked out, yet again, however, this is where the hotkey buy/sell/short/cover comes into play.

pulling the trigger without emotional doubts, and dealing with whatever profit you can cap out of a scalping move, is what this trading environment is about, lately