20220126
Long 3 MNQ 14389.0, 14389.0, 14389.0, -5.25, -5.25, -5.25,
Long 3 MNQ 14394.75, 14394.75, 14394.75, -5.25, -5.25, -5.25,
Long 3 MNQ 14379.75, 14379.75, 14379.75, -0.5, -0.5, -0.5,
Short 3 MNQ 14457.5, 14457.5, 14457.5,-1.75, -1.75, -1.75,
Short 3 MNQ 14458.75, 14458.75, 14458.75, +21.25, +21.25, +21.25,
Total MNQ +25.5
Market behavior and volatility is often challenging on FOMC days, but the opening action today was well beyond rationale. The rapid changes between bid/ask and last trade prints can often be referred to as liquid mercury, but today it was so extreme that I was pretty sure I was having data buffering problems. Even rebooting didn't seem to help.
It should not be a surprise to anyone following the trade call posts of this blog that I have curtailed trade frequency and risk considerably. Just staying out of a hole in account goals is, in itself, a bit of an accomplishment. let the buyer beware.. keep your powder dry when trade management is overwhelming... you're never bigger than the market....