...And They Have a Plan. (Live.)

Overnight said:
This new calendar month (September) is going to suck, because we are in an election year, we're at ATH coming into a historically terrible month for equities (hard to believe, but yes, Sept. is worse than Oct. over time), in an election year where our country's sanctity is on the line, with a market teetering on madness about the Fed easing cycle, and with them reporting in 2-3 weeks?

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You just convinced me.... Btfd. :rolleyes:

Edit:
BTFD ---> in all caps.
 
vanzandt said:
You just convinced me.... Btfd. :rolleyes:

Edit: BTFD ---> in all caps.
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I would entertain caution on that idea. Sept is starting how Aug did, although a bit more auspiciously considering everyone anticipating that Fed rate drop...

Which dip to buy? The one before the fed meeting on Sep 18th, or as all the data comes in from late Sep through Oct?

Pity the poor trader who has to make a choice.
 
Overnight said:
Because I have realized that I am a more profitable trader if I do not stress about an individual trade on an intraday basis, and that, coupled with my inability to sit in front of the screens all day, every day, pushed me fully-back into to the swing/position-trader mindset.

I am now looking for macro-patterns, and am seeing them as I paint with a broader brush, and as I recall previous long-term channels. This new calendar month (September) is going to suck, because we are in an election year, we're at ATH coming into a historically terrible month for equities (hard to believe, but yes, Sept. is worse than Oct. over time), in an election year where our country's sanctity is on the line, with a market teetering on madness about the Fed easing cycle, and with them reporting in 2-3 weeks?

Yeah, I'll take a breather, kthxbye.
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Good Morning Overnight,

I respect and understand what you are saying.

You have to trade what fits your personality. I perfectly understand.
 
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