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This thread didn't age well 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...

If we get 75 bps, market rallies then sells off within 24 hours. If we get 50, market tanks, continues next leg down, which started last week. market wants an aggressive Fed and the market wants to just get it over with as fast as possible.

sold KWEB @ 31.17. I will very possibly regret this, but right now I’d rather err on the side of caution. Very small position.

stopped out of DOW @ 64.22

Bought KWEB @ 32.91, showing strength close to coming out of 3 month base, arbitrary stop 29.

Bought SANM @ 45.31 (on Monday) broke out of a year long base arbitrary stop at $40

I’ll chime in as the “retail Trader” you guys are talking about. Came here a while ago, just curious about day trading, hung around for a while, then got busy with other crap, and left. Came back about two months ago, thinking I’d learn a few things about swing/position/day trading. I did. I...

Steve Rhodes = real deal

it will still make me use my brain

yeah, I saw that after I posted, but….. Do you think other large cap companies won’t have currency issues affecting earnings? Not suggesting selling MSFT, I own it, just saying if this affects many large companies earnings guidance, could affect the market.

This is the beginning. Can’t portend good things for the economy, Smallfil might be right.

somewhat similar situation. I’ll never be and don’t care to be, a professional trader. I am doing this…I mean, trying to learn to do this ….. for two reasons. First, to stay engaged, and keep my mind sharp in retirement, after a 20 year (second) career as a Financial Advisor. And two, if I had...

ok, so this looks like a decent website, assuming these guys are the real deal, thanks for the link. So what were you suggesting? I email one of these guys with an idea and they will give me their opinion? Is signing into the trading room and watching them of any value?

this for me too.

I do sometimes on FinTwit, don’t keep records though. the thread link you provided might be a good place for me to do that, looking for different setups. I’m considering something besides breakouts which is all I’ve known so far

The rule I try my best to follow, and USUALLY do, is…. do not trade before 10AM

Sold XLF @ 34.71. Not working, and market conditions. Tight leash

Is this an example of trying to help a noob with tough love ? Or are you just being a dick?

Stopped out of BMY @ 74.84 Sold QQQ @ 308.24 Sold SPY @412.47 cleaning things up. Only open trading position remaining is DOW. And XLF