XJO 0.08% 7,763.4 s&p/asx 200

Definitely cannot trade US and XJO with my strategy. Definitely...

  1. 223 Posts.
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    Definitely cannot trade US and XJO with my strategy.
    Definitely won't scalp because they've been absolutely nuts - no bad econ data, no bad 10y yield, VIX was fine - just sentiment.
    https://hotcopper.com.au/data/attachments/3430/3430796-bd4f931cbc1fb2920acc245dbad7f320.jpg

    Using my strategy only, eyeing patiently on some indices & stocks.
    Perhaps it's next week or next month I can enter, and if only I can enter.

    For this week's trades I was eyeing and I have prepared thoroughly 4 trades! And they all disappeared *poof* when the market changed! No more signals!
    Lucky I didn't enter them.

    But idle time caused itchy finger to enter into a trade.
    Nonetheless I shall be disciplined! Won't enter a trade.

    If time is plenty, do and complete all of the important works well eg my work, exercise, eat better, do my tax return, do my retail shop, connect to more friends, read more books, etc. If still itchy, vent!

    Also I realised traders traders do know entry, exit and SL points. But what I cannot do is protecting against the unknowns - the ** that happened when "it's being played". when I scalp So it's much better to play it safe - just use my strategy.
    It's seldom - thus very boring - but 90% likelihood to profit.

    yield 10y us is down. vix is up.
    job numbers are out Wed.- Friday.
    Last edited by padi888: 04/08/21
 
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