@TheOneLanceB There's a biological reason - Your 5 senses send a neurological pulse to your brain, and then your brain sends a command back. If a particular event is exercised enough times, then the pulse never reaches your brain, your backbone sends the command back! Hence the "intuition"
@TheOneLanceB Trading systems is only 10% of the game. Easy in funded environment - Psychology on the other hand is 90%, not tested in fake environment, freaks people out in live.
@TheOneLanceB@TheOneLanceB - I am having a hard time scaling up for over an year. So I moved 2K to another account, and in last 2 weeks have scaled it to 6K. The reason I share this is, doing small A/C is helping me psychologically to scale up while my main account is protected.
@SJosephBurns Apart from AI growth slowing (NVDA dividends, AVGO guidance) and red hot jobs report, the velocity of the sell-off was a function of Market Mechanics and dealer hedging. under 7500 on SPX we were in negative gamma, therefore selling became intensified!
@TheOneLanceB@TheOneLanceB liquidity and dealer gex exposures are wider, higher volatility is here to stay because of ODTE's. Come out of retirement :)
@tradertheory Broken clock strategy!
As in a broken clock is right twice in a day, then some technical will at one point or another be right as well! Net result still might be negative - but Broken clock is an apt strategy name :)
This market is more and more driven by liquidity and OI
Heavy OI in the 672-673 area pn $SPY. Easy simple everyday bread and butter trade for a 8R trade.
#BBTFamily, #DayTrading