Hi Fadhi, you know i'm a counter trend trader but that... is out of my league. yesterday 50% day loss avg. win, today got caught again on s&p (nasi I would have survived funny enough) -25% day return. I was just asking myself: is it only me who struggles? This market is completely unpredictable. May stats said in early europe/europe session: short the nasi is ok and i did once ->profit. but when you see the move up the last days... that is out of mind. really. I also realize the PA is switching really extreme. Also the dry up of volatility like right now at 11 e.t. is complete off.
I realized that the big money is not willed to give good opportunities these days - I can see where they are more exposed for mean reversions - they avoid these areas at all costs - and that makes it difficult to trade like me cause like today: they push it down and now my first short positions on s&P would be green LOL.(I closed at lot red due to heavy move) That is insane. I really hope the markets get normal soon again or at least a bit more predictable.
I only can assume the updrift due to money flow - they don't know where to put all the fresh printed money so they take every glimse of hope to invest -but that we are almost all time high on nasdaq again... that is out of mind, yes.
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