Day 108. Last day of october (NFP week) and we can say, "welcome november". For november, I don't know what to expect. But the Nasdaq100 NDX is looking like it's in a range-uptrend which keeps my bias bullish but at the same time, neutral. a break past the Hh or a break past the Hl. i'll let the lady decide..
October: 12 trades (9Ws, 2Bes, and 1L)
A Daily Reminder: avoid imbalances—HH and LLs or LH and HLs.
3 Rules: a. one trade a day (always) b. always know the current trend c. only buy after HH breaks and sell after LL breaks
My disclaimer: All biases are subject to change because according to the market, that's the only constant.. Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
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Day 108. Alright, I got no trigger for today's Nasdaq100 hustle. I can finally say, "Octobye". 12 trades over-all with just a loss. The major lesson for this month is that of: having less expectations as the market owes you nothing. I wasn't bothered about the outcome of any single trade and I didn't allow myself to be too sensitive about a win either. How was your october in NDX?..
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