Thanks. Not trying to pick on you. Just trying to understand. What you say above is subjective and how one can identify the appropriate level of sanity? Can you elaborate? Are you referring the volume?
Christmas Break
- Thread starter bullnbear
- Start date
You talk as if it's that easy to distinguish between rational and irrational markets. Post fact everything is clear...
Actually D08.... its a pretty good post. At least from what I have learned personally. I have penchant to over-trade.
As a matter of fact, the phrase to which I suspect you refer (You can afford to wait until the market displays an appropriate level of "sanity" amidst its usual irrational self.) was a later, somewhat rushed, "edit" to my original post. I should have just left my original post as was.
Therefore feel free to ignore that particular phrase. I should have picked a clearer phrase to insert at that point.
I'm sure you understand the general gist of my overall post !
See my reply to @d08 above.
As for the general gist of my post, you should be able to understand that.
No, Easter, Summer and Christmas are the most profitable months, but target the institutions weak points. Not retail, that's way too much effort without automated algos.
Volume, like anyone's account in retail is going to swing a market. You mean not enough price movement, that's why you float like a butterfly, sting like a bee.
I'll probably stop on Thursday 22nd December and start again on Tuesday 3rd January.
I might have a look in-between, with low expectations, if I'm bored and feel up to it (I trade from volume bars anyway, so low volumes aren't really relevant to me: if I see any of my set-ups, they'll be based on my normal volumes anyway, by definition).
I might have a look in-between, with low expectations, if I'm bored and feel up to it (I trade from volume bars anyway, so low volumes aren't really relevant to me: if I see any of my set-ups, they'll be based on my normal volumes anyway, by definition).
Day trading first forty minutes of just about any market offers more volume for me, so no breaks, now if bars look like fly specs......where's the eggnog....Long term sometimes huge moves on reduced volume. More like half days before most holidays, you know, beat the traffic, beat the drunks.
You should always, generally, trade -- every business trading day is basically profit (potential).
'There's gold in the streets...just waiting for someone to come and scoop it up.' -- as Walter White/Heisenberg/Breaking Bad said.
They had Walt on SNL last week as Trumps choice to head the DEA.... lol.You should always, generally, trade -- every business trading day is basically profit (potential).
'There's gold in the streets...just waiting for someone to come and scoop it up.' -- as Walter White/Heisenberg/Breaking Bad said.
Remember when Walt was the dentist Whatley on Seinfeld? George bought Jon (John) Voight's LeBaron....
He's a VERY talented actor, I'll give him that. LBJ was good. I keep hoping he didn't really die in the end of Breaking Bad. Better Call Saul.
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