I've been saying that since Day one: Trading the market is part art, part science. No two trades....are truly, technically, the same. It takes a, rather, wise trader to realize this life lesson. All you completely left brained, systematic, system traders out there I'm sure you get humbled by a lot of losing trades. There's so much more involved in consideration....than just relying on some bonehead, basic, primate indicator to press the Buy or Sell button at any moment in time.
The OP is just another ego poster. Who gives a rat's ass? Totally no actionable babble. I was more entertained by the posters from a few quarters ago who wanted "refunds" when they got caught with limit stops that were skipped in fast markets. At least they were "cute" thinking trading was like going into an Apple store and they should get "customer service", when they messed up.
In 12 hours time, you show evidence that you GO BIG !!!! I usually trade small when the fed releases the news because of the market movement could be very messy / choppy / erratic / chaotic. Then I'd trade BIG during the coming Asian and European sessions. By then, the market movement tends to be smoother.
On monday i bought a call option on TQQQ, expires 06.24, to play a reversal. To me it´s only a test. A rallye might only be a bearmarket rallye not more. I´m not willing to go all in.
ima hit SOXL if rally, UVXY if selloff great movie vegas vacation, reminds of a lot of traders i see lol
Three scenarios…. Scenario 1. Fed wants to be measured and raise rates slowly to avoid a recession and help execute a soft landing. Raise .50. Market tanks Scenario 2. Fed wants to help,support the markets while raising rates, so knowing the markets will like a big raise, the raise 1%. Markets rally hard. Scenario 3. Fed is spineless and raises .75 markets rally then come back down to earth.
Market has become accustomed to "milk and honey dove speak" in Powell's Presser. Looks like they are front-running that expectation today.
They've been saying for months if not years that "they will let the data" guide their decisions. So, do they stay with .50, maintaining their plan or do they adjust .75+ to the new data? Their credibility is on the line. If they stay with .50, they better have some good reasons that the market will buy.