What a boring market

[ryancohen]

I can't remember last summer being this slow. Maybe it's great if you're a scalper but if you trade break outs , break downs, on chart patterns, this is soooooooooooo slow.

 

[Steve Tvardek]

Last summer was much worse than this one so far imho.

 

[Bearbelly]

The Dow is up 150 and the sp up 20 pts as we speak. Great day for breakout traders. What the heck are you trading that is so boring.

 

[thecalip]

Quote from ryancohen:

I can't remember last summer being this slow. Maybe it's great if you're a scalper but if you trade break outs , break downs, on chart patterns, this is soooooooooooo slow.

I think it's a great market if you actually have time to pay attention to the market. If you those buy and hold and hope the market will bail you out when you were wrong. Yes, it will be a boring and frustrated market for you.

 

[MrsSavant]

The last two weeks have had many 1% moves. What exactley are you looking for? You need to learn how to trade other conditions besides straight lines.

Try some more wiggly oscillators.

 

[ryancohen]

Quote from Bearbelly:

The Dow is up 150 and the sp up 20 pts as we speak. Great day for breakout traders. What the heck are you trading that is so boring.

I don't see any breakouts -- the leader stocks in the market are just sitting. It could work if you trade off of support I guess.

What stocks are you trading?

 

[ryancohen]

I should clarify that I trade in a similar style to Zanger and for us Zangerites, there is shit out there.