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Cheers I wasn't taking it personally after many years and 20000...

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h00ts

46,599 Posts.

8733

22/07/16

11:49

Post #: 18336381
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Originally posted by rvm ↑

To me, this is a no-trading day. Have a drink, read a book etc, because I expect a slow grind down. A lot of traders are going to be doing bad position sizing and getting stopped by the volatility as the market whipsaws and stubbornly stays up as existing shorts close their positions every time the market goes down a bit. Eventually, there will be those that will give up and close positions in frustration - only when most participants give up the market will make a sharp move. When it comes, nobody would be able to predict it. This is how things have always happened. I've turned off my trading station and put my stops. Good luck all!

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Cheers I wasn't taking it personally after many years and 20000 posts on here i have a thick skin yep looks like 10/15 point scalps are all thats on offer today - the market appears to have hit equilibrium ~
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0 Great analysis

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