Today sucks! 08-09-2007

I agree, the way I trade, this market today is too erratic thus far. More akin to gambling so I havent placed a trade yet. Its been awhile since a whole morning has passed w/o me placing a trade but it happens sometimes I guess. Rather be patient and discipline than force something. Obviously we all trade differently, this is just the way I see it.
 
Real lousy, it's like the market just falls asleep, then it bursts 20 points fall right back, up down up down with no rime or reason.

I keep getting signals, but their is no follow thru, I may give back yesterday gains I made.
 
I already gave away yesterday's gain with this erratic movement :confused:

And to top it off, shorted CME before it rocketed up AH last night. ugh. the pain of it all.
 
I dont have an issue with volitility of course, but when the volitility seems to provide no consistent patterns for how I see things, then I just sit back. Today has been that day thus far for me.

Quote from myminitrading:

Real lousy, it's like the market just falls asleep, then it bursts 20 points fall right back, up down up down with no rime or reason.

I keep getting signals, but their is no follow thru, I may give back yesterday gains I made.
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