10/13/2023 Market Recap

[Cobra]

It can go either up or down from here, so no conclusion today. Yes, it's a good bear follow through today but wasn't down much and the volume surged, so hard to say.

Monday has been overwhelmingly bull friendly though. Let's see whether this time finally is different. I told you before that someone for some reasons insisting to make the Monday up no matter what which is really really strange.

[Cobra]

The rebound in a down day usually appears strong so very hard to know which one means the low was in. Today was a prefect example. I was ready to long after my comment, gladly there's no good signal bar and it went all the way down so saved my life.
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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.