Unique swing trading signals and stock market commentary.
Tough day in the market.Thanks for the update.Looking for a better day tomorrow.
I am so sick and tired of the whip saw action of this dang market.I get stopped out almost every dang time I put in a protective stop at break evenTHEN THE DANG MARKET GOES UP UP UP...Sorry, I had to vent
It's not just you. Lots of other traders have made the same observation. This market is more brutal than any I can remember since I started 8 years ago.I have essentially stopped trading since the VIX went into outer space. There is absolutely no way to discern any direction in this sort of toxic environment when the market moves exclusively on political gamesmanship being played out in Europe.Since I try to call the market every day in my own blog, it's really frustrating.
Very odd day today. VIX and VXX both down as well as most indices. Chalk it up to opex?So far there is nothing new today. Looks like we'll be holding 50% long over the weekend.
RMI, it's rigged as far as stops go. MM's will target stop orders but not limit orders. So your stops will almost always get taken out, but your limit buys will be coincidentally missed by a penny or two. Definitely very frustrating. It's why I stopped playing that (losing) game.