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Actually, the Taiwanese often joke that if there is a war with China, they're all going to TSMC's parking lot because it will be the safest place on the island :D

Any idiot can hit the jackpot. Any idiot can go broke. But it takes character to admit you were wrong and to take your losses. :fistbump:

The now mostly-empty stocks part of my portfolio is salivating at this dip, if it drops some more today and tomorrow, I'll start loading up again. Yeah, it's up almost 20% in just a couple of weeks.

Your love for the V is oh-so-fickle... :D

If in RTH we make new lows, I'll be looking at the "bounciness" at 5630-ish and gap fill (and Schizo's target) at 5610-ish. "Bounciness" is totally trademarked, don't even dream of stealing it from me :D

I think that we may still see 165 before we see 145. (Central European time)

Congrats on your huge win :) Yesterday seemed like an ordinary up day to me. Show me a 5% up day and then we'll talk about climaxes :D @vanzandt and @schizo had a good call, but maybe a bit early. Enjoy your holidays!

Intraday or swing?

Quite a bit of difference today, true.

I agree 80% with Schizo, but I wouldn't paper trade for too long. IMHO, it's better to trade with minimum size (1 micro futures, 1-10 shares, etc.). The psychology of paper trading and trading with real money (even if it's a ridiculously small amount of money) are very different. Other (bad)...

Exactly! :) :fistbump:

This one was the most comprehensive I read: Trading Systems and Methods (Wiley Trading) 6th Edition by Perry J. Kaufman https://a.co/d/b8YbnEP

Close the gap and then bounce?

Powell speaking in 10 minutes.

Nice timing. Feel free to tell me to bugger off :D but I have another question: do you have a rule on what drawdown are you willing to take on an open profit position? For example: long at 100, target 120, stop loss 97. You risk 3 points to get 20 (which of course may or may not be a good...

Do you have some sort of rule for adding, in order to avoid heavy-top positions? As in, for example, add only on the first 25% of the move to the original target: long at 100, target 120, add only before 105. Or never add if adding brings the average price above x% of the expected move. Or add...

Congrats on your long

I'm amazed that you're making money on both sides of this market :fistbump:

In chess, don't move until you see your nth move ahead, i.e. don't just capture a piece because it's there. In trading, for me, don't move until you "see" a trade that fits your system and you know, not just the entry point, but the exit point/area if all goes according to plan and the exit...

In my view it's just the lack of liquidity around the announcement. Yesterday we had one 0,1% lower inflation, today we have 0,1% higher inflation... So basically we should stay the same, but index, bonds and currencies all over the place for a bit.