To: user 123632, that market emotions cycle is real or at least a emtional cycle like that you'll go through when you trade. I've found that the more you have to lose the more extreme the peaks and valleys. Of course, if it's not your money(used to be a MM on the OTC) it takes larger positions to explore those emotions.
Phil, I thought mkt action was interesting today most financials acted well. Possiblity that dow continues to churn upwords maybe testing the 200dma.
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To: user 123632, that market emotions cycle is real or at least a emtional cycle like that you'll go through when you trade.
Aug 02 00:03 am
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All Comments by lobsterboy »Options Trader: Friday Outlook [View article]
I've found that the more you have to lose the more extreme the peaks and valleys. Of course, if it's not your money(used to be a MM on the OTC) it takes larger positions to explore those emotions.
Phil,
I thought mkt action was interesting today most financials acted well. Possiblity that dow continues to churn upwords maybe testing the 200dma.