You can continue to be led around by the nose if you want following all the news.... Which even if it did affect price you'd be a dollar short and a day late anyway lol.
Oh I am not following all the news at all, nor am I trying to trade it, but I am not stupid enough to deny that it moves the market either.
Give it a little more time swing trading, your not living or dying on every single tick, believe me it removes a lot of stress and alot of time in front of the screens
News and data are definitely two elements that makes the market gyrate and dance daily, but they alone are not sufficient to trade off of. You have to be aware of the collective market picture and establish reasonable future expectations from where you stand in real time. And have some leeway for art. Trading is a Combination of poker, hunting fishing and being a psychologist....requires skill, understanding, wisdom, patience and some luck
Do you also stress when your partner is 15 minutes late coming back from shopping? Do you check your partner’s every SMS? It seems like you might have a control issue, or you don’t have a trading strategy that you truly believe in. Have you heard of position sizing? If so, do you appropriately size your positions? How and why? If I remember correctly from your previous posts, you made some money trading, but it seems like it might have been due to luck rather than skill. When this happens, traders can fall into the trap of ‘self-attribution bias,’ where they attribute their successes to skill and their failures to bad luck. Either way, it’s safe to say that you’re not journaling and learning from your mistakes, and not reflecting on your trading decisions insights about your trading behaviour. In other words, you lack commitment and are just playing psychological games with yourself. How is that working for you?
Master WXY, you also don't believe in using Stops. How are you controlling your Risk against unexpected Events like War breaking out?
Bullshit. Lets see your trade blotter. I'd bet dollars to donuts you took a huge loss on it like you did GME.
Forget the wave poop, I do agree that in up trends the news is mostly euphoric and in down trends it’s mainly doom and gloom