CLX, Amen to that brotha! Im taking the summer off from daytading to reflect and decide if I want to do it anymore. Its either continue day trading or not have any friends, those who hardcore day trade the ES probably know what what mean, lol. Surprisingly I think I find more joy in the IT/LT boring trades. Like buying DPZ at 12 and selling at 70(always way to early right), or micron a couple weeks ago at 50(still holding). Of course its probably just as easy to loose at the long term game but at least I dont need a screen Im my bathroom right, lol
I don't like watching the market all day, but I do like the opening fade the gap trades, one's you don't have to guess at, you just
take the trade no stress and double or triple then quit trading for a few days. Buy or short and hold is better in bear moves like
we just had but now I think that is over, so a trending move will start but there will be more consolidation whipsaw moves on the
way that can ruin an account if one is not careful, maybe even willing to not trade, right now this could continue, 2700 or 2740
needs to break and then maybe a good run. If ever one wanted a break from trading the summer is the best time for it because
it's usually just narrow range type trades and no big trending moves.