@Crowded_Mkt_Rpt I listened to that interview, which was great, and read fast and slow. Are you talking about this book or a different one? Noise: A Flaw in Human Judgment by Daniel Kahneman
@hkuppy Asked a buddy over there. He said they passed a law so you can bring up to $2m in from overseas without income verification so lot of money coming in to get washed. Not sure that would move it as much as it has but that’s what locals are saying.
@factor_members If it breaks that will you go short? Or is there any short term price you would consider? I’m stuck on the COT waiting for an opportunity to go short, but too scared to try until something swings. One of those I should probably let pass.
@factor_members Thank you. I thought that price turn was starting before yesterday and started an early position anticipating a break instead of waiting. Lesson learned.
@Ramblin_Rebel13@factor_members I have been playing around using option spreads,30 days or less out. I was having issues letting my emotions get the best of me and getting whipsawed. This allows a little time to let it play out and I can usually get 3:1 risk reward. Still a lot to learn tho
@factor_members Thank you. I joined last week and am currently about 1/3 through Diary of a Professional Commodity Trader. It’s been great so far. Do you take COT into consideration at all when putting trades on?