Pimpco's Gross is saying he was actually talking down crude oil here. (lot of pressure on him now) We'll see who's right.
"Yes" and "me too". I don't attribute my (poor) performance to the news though. Must adapt to any and all market conditions. Tomorrow is another day.
If you find yourself losing money stop trading and take a break. Stick your money in an index fund and come back in a couple months.
Sorry for annoying you I would like to post something but am afraid being accused of advertising. I actually used pivot point trading method learned from youtube SnP500. He did give lots of good information in his free videos. I also used patterns learned from Suri's book Trade chart patterns like the pros, you can take a look the book review in the book review section of elitetrader.com. Just a reminder, I am a day trader and lost $8000 before watching/reading the videos and the book
Not to discredit any of your trading or chart reading skills but, funny how everything seems so much easier in hindsight.
It took many years of hard work, thousands and thousand of live screen time hours to be able to read this in real time almost as good as hindsight, never as good. Here's today's only personal play. NN