Indeed. And do it knowing that it is your sole source of income? It takes on a whole new meaning. And it puts you on a pedestal far and above the one hit-warriors here who are dingling it as a testicle in their smelly underwear. When you trade to live, you tend to keep a keener eye on more than just TA and FA. You try to gel everything together, because after all, real data makes the world go around. Not simulated indicators. You try to figure it all. Armchair warriors on the forum I do not suffer, because they have nothing on the line. Me? It is my life. And I am trying my darndest. Soothing music. Ahhh.
In all of today's NQ shitfangle, I squeaked out 88 bux on the MNQ. So 84 bux or something after commies. I could have done better, but I got some green. And it will be reflected in my journal when it is updated. I am so on fucking edge with this trade shit though. Oy! Trump needs to go away!
My opinion, automation prolly works best in a blitzkreig manner, just hammer away with scores upon scores of trades. May not suit retail budget conscious type traders.
Objective 1 reached Stop trailed to 3142 RTM to 3125-3130 is still a possibility but 3026 will still be tagged if that happens
My stop was posted as always with my 3140 swing short. Call holders are bullish retail. I am and have always been a contrarian day trader. 20 years of buying fear and selling hope hasn't failed me yet. Lot of hedging at 3140-3150 has contributed to this current top and that is my basis for now. Couple that with China uncertainty and a scared FED, low volume and you have the perfect recipe for a market turn. How deep you say ? 5% very possible but all I can tell you is SPX will touch 2645 once the music stops.