YM Trading Today

Discussion in 'Trading' started by flipflopper, Sep 10, 2008.

  1. Wow... never seen anything like this.

    40/50/60/70 point moves up and down with no pausing!!!

    I think this can be attributed to confusion/indecision.

    But I've had to choke up and reduce size and WIDEN the hell out of my stops to make money today.

    Unreal movement. Can't say its great for pro traders.

    Probably fun as hell for amateurs though!!
  2. In comparison ES was downright boring today.
  3. I really didnt find the dow difficult today at all.
    This is nothing compared to the late 90's and 2000.
    It's been a pretty tight trading range actually once this mornings original breakout was completed. Yeah we had a run up to test the overnight highs but its nothing to write home about.
  4. I guess I should qualify my original post by saying I'm a trend trader... what I need is FOLLOW Through.

    All I saw was choppy HUGE moves with no clear direction.
  5. Oh, I see. :D

    I'm a trend trader too. I trade multiple time frames though.:cool: