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Trading Before FOMC on the MES +16 Points

day trading trading recaps Jan 28, 2021

So this morning, during my Zoom workout, I could see the market ZIPPING in the background and MAN if the FOMO didn’t take ahold of ME!  So I decided to skip the shower and trade instead.  I knew that in doing that I might get into something that I was pushing myself into because I felt I had missed out.

Luckily, I got ahold of my thoughts pretty quickly and turned out to have a pretty sweet day! I was starting to feel like I’d missed a lot of moves and had to take a breath to remind myself—any move I’m not in is NOT a missed move.  It is simply the market moving and I’ll catch one when I’m ready.  Also,  I really feel as though moving to a larger stop and being able to bring it in some has been super beneficial for my trading.  It was a bit of a challenge to just get over the mental ride at first, but I think I’ve got it down pretty much.

I love the fact that we can make money whether the market is going up or down, so this drop is heaven for a lot of traders because of the old, “bad news travels fast” mindset.  That is so true in trading and SO beneficial when you’re allowed to short trade!  Yes!!

Well folks, it’s a little later than planned (when is it not with me really lol) and I’m ready to eat the dinner I made an hour ago.  Much love good peeps and I hope to see you around on Friday!!

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