Several of the traders on our desk had their best day ever yesterday. If you were in the Trader90 Real Time Audio during the opening drive, then you heard some of the most exciting 30-45 minutes of the year. The mantra throughout the excitement was… “it’s not over… KEEP TRADING!”
Isn’t this why you trade? To not be dependent on a rising market… or a strong economy.
Volatility is the friend of the active trader… at least if you know how to interpret price action.
About 30 minutes after the close, our good friend Anne-Marie Baiynd took some time to take questions from traders about how they could have been more prepared for the recent big moves and how they can start to develop more reliable strategies for following the market.
We have decided to pull together some very specific examples that will provide the answers to these great questions that are coming in.
-The SMBU Team
* no relevant positions
2 Comments on “Big Swings Aren’t Over Yet… “Keep Trading!””
The first 30 minutes were not tradeable for a human. I saw the instagram and twitter posts of people up 500k, yet no proof. I call BS on any company or anyone that said they traded that much and made that much in the 1st 30min of trading.
Of course, dubious claims will always appear, likely correlated with market volatility. But I absolutely believe these guys. They’re experienced pros with great execution skills and technology. I have no affiliation with them but have used their services in the past. They’re good.