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01/19/2021 Market Recap

01/19/2021 Market Recap

Postby Cobra » Tue Jan 19, 2021 5:56 pm

I'm neutral here. Tomorrow is the day to see whether those theories of conspiracy about the election could finally end (guess there'd be new theories after tomorrow). Believe or not, I still see lots of people believing tomorrow it'd be Trump who will be inaugurated, they're waiting to see the dramatic moment now. It's a doji today so the market also is waiting. I don't believe tomorrow would be any riots though.
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Re: 01/19/2021 Market Recap

Postby Cobra » Tue Jan 19, 2021 6:01 pm

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Finally paid enough attentions to both bottom and top patterns. I used to only pay attention to the bottom patterns.
viewtopic.php?f=2&t=4411&p=290768#p290768
viewtopic.php?f=2&t=4411&p=290769#p290769

DISCLAIMER:

The trading log above is meant for myself only which main purpose is to help improving my market sense.

    My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the prediction is wrong, I'd be embarrassed, which of course I'd like to avoid as much as possible.
    Day trading is not my strongest point. Just for the same pattern, it can repeat frequently on the 5 min chart while on daily chart it may take months to appear once and another month to know whether the idea of trading such a pattern is right or wrong THIS time, so practicing on the 5 min chart is a fastest way to learn to trade.
    Day trading inevitably would have good days and bad days, it's a part of the game. If I always have good days, it means I'm either lying or already the richest person in the world (then why I'm still trading?), so please don't blame me for making any bad calls. The log is for myself only, not meant to be followed.

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Re: 01/19/2021 Market Recap

Postby QED » Wed Jan 20, 2021 12:00 am

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Re: 01/19/2021 Market Recap

Postby Cobra » Wed Jan 20, 2021 2:38 pm

QED wrote:.
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:mrgreen:

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