Market open woes - me make $200 but we wrestle for it. 9th Dec 2021

Mark Sear • Dec 09, 2021

Another low action day - markets stay totally within our predicted range (again!)

The markets were very predictable  today BUT stayed perfectly in our predicted range as you can see below (the blue lines).  Very simple.  very easy to understand and we open today's video with the picture of the markets as we saw it. 


The lack of reaction to the jobless numbers was a major clue that it would be another weird day.  And so it was.  We made off with $235 after 30 minutes and we could have made more but we took $150 loss as in the trading mix.  It happens, no system is perfect but we remain above 90% profitable trades this week so we're happy.  We don't watch the system all day but many of our Prop Traders do, there were some great setups in the afternoon session, see today's Daily Trading video for more information.


As for our feeling of the markets?  TBH it's more like WWE right now than trading.  But you know what?  Wrestling is fun too!



photo of Charlie Munger in a business suit
By Peter Northwood 29 Nov, 2023
We look at the amazing impact that Charlie has left on generations of stockpickers and investors.
A trading screen and candlestick chart on a phone
By Peter Northwood 13 Nov, 2023
Hedge Funds and Big Banks have been using AI capability for many years, now it is available to Retail Traders.
By Peter Northwood 10 Nov, 2023
AI presents enormous global opportunities, but there could also have some nasty downsides. The recent Global AI Summit started the journey on how to regulate this wild west sector.
explosion on the horizon
By Peter Northwood 19 Oct, 2023
Geopolitical risk is a fact of life, but what does it mean for your Trading and Investing?
By Peter Northwood 03 Oct, 2023
Ahead of the all important Q4 season we assess what's driving the economy and what's holding it back.
hundred dollar bills on a US flat
By Peter Northwood 22 Aug, 2023
With US Government Treasury yields at a 16 year high, have bonds overtaken stocks as the growth engine for investors?
By Peter Northwood 07 Aug, 2023
If you're an investor then timing the markets is almost impossible, but there is an alternative!
By Peter Northwood 27 Jul, 2023
With jobs data still strong will the Fed have to break the labor market and cause a recession to get inflation back to 2%.
$100 bills in a briefcase
By Peter Northwood 11 Jul, 2023
Why are get-rich-quick schemes so prevalent and how do you avoid them?
levels in a field
By Peter Northwood 06 Jul, 2023
Higher time frames have stronger lines of support and resistance, we show you how to identify those Daily Levels and add them to your charts.
More Posts
Share by: