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Close +208 Edit: Ah cool, liquidated on absolute low in trend channel

News that Trump administration is risking to restart trade war derailed this trade, will see if post-open is any better.

Buy NAS100USD x 29 @ 9045 stop 9008 Until market open.

Summary of instruments monitored and result: China A50: Traded as above. Also noted viscious spread (like 130*2 per roundtrip for 19 units). HK33: Considered entry but didn't pull trigger at a point where trend did have a long way to go Copper: Considered it an interesting setup but missed it...

Nah close -409, I'm done today. Brain not in sync with market behavior Edit: MFE about +450 on this trade IIRC. Could easily have closed at zero which I would have been appropriate given MFE.

Buy China A50 x 19

Buy China A50 x 19 Closed -309

lol China banning short selling for the day

-224 on China A50 long. (somehow, GF waking up exactly seconds prior and making shitloads of noise doesn't help)

Closed -340, better to take loss and try later (stop was at -600). Horrible entry timing by chance Not in mint condition but I wanted to be up for China market open as that will show some direction.

Sell NAS100USD x -21 @ 9007 stop 9032 Think we begin night bearish despite lack of panic opening. At least willing to make small bet on it. Edit: unfortunately fairly shit timed so we'll see

"The pros" are typically dealing with severe volume/market impact problems. Beginning retailer trader does not have that, even if a lot of other options are closed to them (HFT to take an obvious example). Different problem sets to a large extent. Feel free to link info pertinent to your first...

In plain English, add more to the position when price moves in your favor. Refrain from doing so (or even exit) if the opposite happens. This ensures frequent smaller losses and rare big wins when a trend actually happens. Initial direction doesn't matter too much because you get a small loss if...

"Would they be reacting through the day?" If it's in their plan/strategy. Obviously, the profit potential is far greater on days like these if you can successfully keep up with the wild swings. "Definitive guess on up or down"? I guess many trade with a preconceived bias (e.g. bull or bear...

If the market initially does opposite to what you expect, it enables you to get in on a counter-trend move with some conviction (but as this requires you to be more right than the initial market reaction it is to be used sparingly). If the market goes the right way, it enables you to have some...

Both lead to tradable circumstances on different time frames. Short term, you can literally see market reacting on virus headlines as they are released. Long term, slowing growth is indeed what matters and will cause this bull market to roll over (the most pessimistic scenarios for coronavirus...

Food has no taste, it's all chemicals. As for news, it depends how fast you get it vs the rest of market participants. Of course, in today's HFT dominated markets that leaves discretionary traders quite far back in line. You do have an advantage in small size because the big guys just can't...

Haha so true. I always thought listing Word or Excel in your CV was code for "I don't know anything worthwhile" (at least, this applying to typical engineering in IT jobs).

I would assume the number is even dropping (at least in developed economies).

Sure, but if you see market moving in a direction continuously because of a reason you understand you can make a bet where the amount gained if correct is vastly larger than the amount lost, which at 50% win rate translates to very good gains. I.e. what's random on the daily time frame is...