If I thought yesterday was volatile, today is 3 times at least more. $850 down to –$50, then up to $1005. Veteran trader like LC made huge money.
37 round trips on ES. (yesterday was 26 rounds). 25 round trips on 3x ETF. I was up $220 on UPRO. Then –$950, finally $120.
Lesson: 1) buffer catchup for 2 or 3 ticks; 2) buffer more on more volatile day; 3) Use 3xETF to time ES; 4) Shouldn’t happen again on $220 became –$950. Must set stop; 5) Cut $3-4 pts ES loss multiple times, reentered and captured a 12-pt move; 6) A day of LC. who successfully predicted multiple Yellen’s move.
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