It’s trending Tuesday! With the markets skipping regular trading hours on Friday but not before Non-Farm Payrolls come out, it’s safe to say we are in a pretty weird week. As I said yesterday I expected the shorts to be back in control but not in this dramatic fashion! From the open to midday we …
Hey, A very happy Wednesday to you after the holiday break! Your boy has returned from the Colombian Jungles and is easing himself back into the markets. Today was a little tricky… I had an LVN at 4151 that I didn’t expect the price to stay around for long, so I got long on three …
Why Discretionary Trading Beats Mechanical Trading Read More »
Hi, Another day to be cautious and have your discipline tested! I had an LVN marked at 4123.25 that seemed likely to get tested as we dipped below the opening price after chopping in a tight range. Usually, after a period of consolidation the market can rip in either direction so I was scaling out …
Making $175 From Shorts Before While the Market Pumped Read More »
Good afternoon, I took only one trade today but there’s a great lesson to be taken from it. The idea was to look for the gap between yesterday’s low and today’s open to get filled. The challenge was sitting through the chop while the trade played out without psyching myself out and flipping the script. …
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