- i have lost my feel for this market...
- in addition to getting out of my 'turkey long' position on thursday (which would have stopped out on friday), i got chopped up in 3 additional discretionary day/swing trades on friday/monday...
- i have little confidence in an up or a down move sticking...
- since i have such low confidence, i am going to be very picky in establishing any discretionary swing trading positions or taking any systemic trading entry signals...
- i have no positions...
- congrats to anyone who has made money over the past few days with a plan that is reproducible...
Posts
TikTok to ‘Go Dark’ on Sunday for Its 170 Million American Users
-
The Chinese-owned company said it would cut off its services unless the
U.S. assures Apple, Google and other companies that they would not be
punished for ...
4 hours ago
Hello Adam,
ReplyDeletesorry to hear that. I think it was very difficult to make money with an automated system on the last swing. However the put/call become too extreme on Friday, too soon. I reversed my short (discretionary trade yesterday) yesterday at the close and added a bit today. If we don't break out tomorrow this market could fall again into the sideways action.
Good luck (a regular follower)!
hi peppebas...thanks for stopping by...from the looks of your profile, you are building a great skillset...such a tricky market we have here...good luck with your trading...adam
ReplyDeleteHi Adam,
ReplyDeletecongratulation for the good work you are doing. I follow you costantly. Most of my previous job and work on the theoretical side of finance disciplines are only to round up my preparation. Like you know very well, successful trading requires only hard work and not studying finance.
Today was a good day for me, the dollar and the bad news definitely helped this market and I think we continue down after, maybe, a morning rally. The reaction to news should also help us.
All the best and will be in contact.
Cheers
G.