Nebraskangoo

🚨If you intraday trade, you need to understand this to be profitable:
Not all price action is created equal.
If you’re trading lower timeframes, you need two things:
volume and volatility.
They go hand in hand.
When an asset has real participation (volume) and expansion (volatility), you get:
• cleaner moves
• more follow through
• repeatable opportunities
That’s where intraday trading actually works.
⭐️On the flip side…
Choppy/sideways markets are where traders get chewed up.
No direction -> no edge
Low volume -> fake moves
Tight ranges -> no room to be right
You end up dealing with:
• unre

"Stock prices will rapidly go back up"
- President Trump

Successful trip to Lowe's this morning.
Time to install some sinks and drains.
This is now a handyman account.

Swing positions down slightly today.
Supplemented with some intra-day trading and now just waiting to see if Trump nukes my portfolio or pumps it by end of week.
For now, pretty low overall exposure to be cautious in these conditions.

$SPY
If Trump wasn't hosting some big speech tonight this would probably be a good re-short entry on throwback to broken resistance
Hard to have confidence in new exposure leading up to that though. I'll be patient. Sometimes it's okay to do less.

$AMZN
Current market is frustrating because you see a nice potential breakout like this one on AMZN and then you buy it and it gaps down the next day.

This guy is sounding more and more like an evil villain in a movie...