Shorting into FED
- Thread starter EMRGLOBAL
- Start date
Coolweb...yes it was.
However, I was forced to cover 75% of my position off the open we we sold off in the late morning.
However I did hold the 25% short into the close.
I had to follow my game plan. I was a little pissed off that we did not rally hard into the FED decision, which I would have shorted into heavy.
But, my plan did not work out like I thought.
Nevertheless it was a good day on the profit end. Holding that 25% short position into the close help to make up most of my win.
The 75% I covered early, due to the small sell off was a decent gain.
My plan was for the Market to give me a small pop off the open to short and chop into about 15 minuets before, when it would rally into the Fed meeting, giving me a huge opportunity to short.
But that is not what happen.
However, I was forced to cover 75% of my position off the open we we sold off in the late morning.
However I did hold the 25% short into the close.
I had to follow my game plan. I was a little pissed off that we did not rally hard into the FED decision, which I would have shorted into heavy.
But, my plan did not work out like I thought.
Nevertheless it was a good day on the profit end. Holding that 25% short position into the close help to make up most of my win.
The 75% I covered early, due to the small sell off was a decent gain.
My plan was for the Market to give me a small pop off the open to short and chop into about 15 minuets before, when it would rally into the Fed meeting, giving me a huge opportunity to short.
But that is not what happen.
Mikenday,
I had no choice but to cover 75% of my short position earlier in the day. The market was not acting the way I was anticipating.
I left 25% on the table because the sell off before the FED, early in the day, was not huge. If we had sold off more than we did, I would have covered the entire position.
2cents? I made far more than Two Cents. I did not make enough to buy a car or house, but just enough to drop a few grand on a watch I want.
all in all, im ok with my decision. It was smart and I'm off to the store to get my watch.
I had no choice but to cover 75% of my short position earlier in the day. The market was not acting the way I was anticipating.
I left 25% on the table because the sell off before the FED, early in the day, was not huge. If we had sold off more than we did, I would have covered the entire position.
2cents? I made far more than Two Cents. I did not make enough to buy a car or house, but just enough to drop a few grand on a watch I want.
all in all, im ok with my decision. It was smart and I'm off to the store to get my watch.
his dope EMR thinks the fed is going to cut today.
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Most you ass clowns need to learn to read. I was not expecting a cut. I said the market has built in a cut in.
I did not expect them to do much, hence a sell off, hence my short position..... but I did not expect the sell off before the Fed Announcement, even the small sell off, I expect more chop than anything the then I expect a rally into the announcement.
Second I doubt any of you clowns caught the short after the decision, and if you did market orders you got fucked and shorted the lows.
And yes, I tour you fucking idiot. My label makes more in one day than your trading abilities in a year.
Just made 100k off a remix I did for Katy Perry fuck nut. And the label is only my hobby.
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Most you ass clowns need to learn to read. I was not expecting a cut. I said the market has built in a cut in.
I did not expect them to do much, hence a sell off, hence my short position..... but I did not expect the sell off before the Fed Announcement, even the small sell off, I expect more chop than anything the then I expect a rally into the announcement.
Second I doubt any of you clowns caught the short after the decision, and if you did market orders you got fucked and shorted the lows.
And yes, I tour you fucking idiot. My label makes more in one day than your trading abilities in a year.
Just made 100k off a remix I did for Katy Perry fuck nut. And the label is only my hobby.