Took one trade today it failed.
The war in Israel had me leaning towards the market going lower. When a short presented itself I took it, but watched in amazement as the market rallied - probably squeezing new shorts who kept piling in, but that is pure conjecture on my part.
For those of you that traded pure technicals today I hope you had a good day. The cusp trade appeared perfectly at 12.45 p.m and we rallied for 40 points or so.
I did not take that trade because news bias put a severe doubt in my mind after the earlier loss. The tweet I put out in pre-market did not help because that was what I believed the market might do. This again is bad trading on my part.
But even on days I don’t make money it invigorates me to see my edge/setup work. That is the purpose of this blog and me sharing my experience with you the reader.