• Horse

Market Prep: Week of Nov. 1, 2021

Well we made it through Big Tech earnings week. Glad that's over. Caught a couple nice longs out of our "No Trade Zone" from last week's Market Prep (above 4540), but truthfully it wasn't my greatest week of trading. Took some unnecessary losses on NQ_F. I get asked a lot why I'm such an advocate for sitting on the sidelines...earnings week is a great example of why I'm vocal about retail sitting out during volatile weeks. I had a plan for ES_F, and that plan played out well, but then I got greedy and tried a few NQ_F trades that I had no business taking knowing that the volatility would be wild on tech. Note to Self: Stick to your own plans, Horse. Ok, enough about last week, let's talk about the coming week.

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