The Tao of Minimalistic Trading: $300 Daily Profit

Discussion in 'Journals' started by schizo, Dec 4, 2015.

  1. Stewie

    Stewie

    OMG... its FOMC day... who knew! LOL
     
    #511     Jan 6, 2016
  2. exit 87
     
    #512     Jan 6, 2016
  3. Stewie

    Stewie

    Seems like schizo isn't around but it looks like hit stop would have just hit. :(

    The FOMC caught me by surprise as it wasn't on my radar, and no mention of it anywhere today, so perhaps others here weren't aware of it as well. Most people don't seem to trade just before it comes out.
     
    #513     Jan 6, 2016
    VPhantom likes this.
  4. S 1986.50
     
    #514     Jan 6, 2016
  5. so what? every intraday trader will get stopped.
     
    #515     Jan 6, 2016
  6. exit 1987.50
     
    #516     Jan 6, 2016
  7. Stewie

    Stewie

    Sure, but I get the feeling like in this case, the FOMC wasn't on the radar or else he might not have been in a trade. Every time there is a scheduled news release, the market can whipsaw back and forth before making the ultimate move. So I doubt he would have had a tight stop in if he knew that news was forthcoming. All speculation on my part of course.
     
    #517     Jan 6, 2016
  8. you were throwing me under the bus few posts ago, now your turing on schiz?

    thats not nice man
     
    #518     Jan 6, 2016
  9. l 1985.50
     
    #519     Jan 6, 2016
  10. Stewie

    Stewie

    I think you have it all wrong. All I did was ask you to post entries and exits, and asked if you were in your long. It went up 5 points right after you got in, but you didn't exit when it came right back to your entry price, so I asked. How is this throwing you under the bus?

    And more importantly, how am I turning on schizo? I said its unfortunate his stop was hit, and theorized that maybe he didn't know FOMC was coming up so price can turn volatile. It seems all pretty simple and innocent.
     
    #520     Jan 6, 2016