I'm on STOCH (7 day) with 80/20 just FYI
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This read is very relatable to me - here's why: I recently (Feb) quit my job of 11 years right before things got crazy. I had been trading for about 2 years and knew this is what I was destined to do. My heart wasn't in my job anymore even though it is arguably one of the most interesting jobs in the world (which I will share eventually). Make ABSOLUTE sure you're ready and you have a back for your backup. Good luck! Keep us all posted on Profitly!
Also, I agree with you regarding the liquidity, volume, risk ratio...etc. Funny how they are so basic yet looked at so often amongst experienced traders.
My last day is tomorrow.
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CGI had lots of volume Friday... but I like a short too at confirmed levels without any other news, I think it may be a long on confirmed news of anything
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So it's all just speculative inflation lying with underfactors of speculative intrinsic value... wowzers
I'm staying off twitter for a while looks like war confirmation soon http://www.defensenews.com/articles/us-house-passes-sweeping-2018-defense-policy-bill
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Sold position as noted in Chat, waiting for potential pull back tomorrow
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on point
love it :D
yes like GOOGL and if Net Neutrality goes anywhere... boom! Enron
I mean I totally agree is what I'm saying
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That Hammer is really tempting... lets see what happens
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remember this is sort of like a competition of who's can
of who's the fastest. You're in competition with everyone else
are you talking about CHFS? I like to always remember Risk/Reward... what were you willing to loss vs what you are willing to gain. what were you looking for in price? over what time frame? Study Study Study =)
FOMO is hell. (Fear of missing out). There will be other plays and other days. Try paper trading with the amount you usually risk it helps. Then you can get the technicals better and know which entries are potentially good. Ive done what you have and held it out of pride and lost a lot of money...
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I think it is good to short that one than buy it. Because it may falls
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I want Chicago back, he was always watching the chat and moderating in a timely matter, also has very nice and positive attitude. Makes the chat room a lot better!
We Want Chicago777 Back! He's always helpful, and should be returned to his rightful red status.
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Thanks guys for comments @Palmer i guess great minds think alike. Thanks for confirmation
Yep. That's exactly how I traded this. It's history of failed spikes prevented me from sizing in like I wanted. But yep it happens again and again.
@lombardo141 nice
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Non linear thinking love it
Great work
@Matthew3700 thank you matthew :)
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