sorry, your chart has too many indicators. i just use vwap and support and resistance, and volume profile for my trading.
US CPI Prep
- Thread starter TrAndy2022
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sorry, your chart has too many indicators. i just use vwap and support and resistance, and volume profile for my trading.
Not for me. lol
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How did you use that VWap for your entry?
i don't use vwap for entry. i enter either on resistance or support either to go long or short.
Who will admit they got FOMO and bought the very top?
So far same pattern as last month with a pump pre-market and a dump in RTH.
SPX ytd +8%, QQQ ytd+22.3%.
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Did anyone suggest otherwise...?
Shorting strong rallies is the hardest trade for me to take, so I generally don't do that unless I have a very strong reason/signal/data to support it. Maybe in the future.
Your point is? You also mentioned something about perspective, but edited it away...
Did anyone suggest otherwise...?
Shorting strong rallies is the hardest trade for me to take, so I generally don't do that unless I have a very strong reason/signal/data to support it. Maybe in the future.
Your point is? You also mentioned something about perspective, but edited it away...
it’s good that you recognize your strength and weakness. I tend do better on trending day either to the up or down side. Anyway it is almost noon time and I’m up $11 doing door dash and $1543.43 trading the stonk market today. How are u guys doing so far?
Oh, for sure. I recognize them. When I first started out shorting was all I did and I lost a lot of money doing so. I also took some nasty blows on shorts during the covid plunge on those huge counter rallies. So, maybe it's psychological damage. I was short today pre-market (net loss) and took a few big moves on the short side last week, so it's not like I never short, but generally I prefer trading long.
Nice catch today, then. Seems like it's paying better than door dash.
I'm down about the same amount you're up, but the day is still young. Just stupid trading today, really. Took on way too much risk and got sloppy trading while I had my day job going on.