Another One And Done Emini Trading Day
We are off to a fantastic start this year with another one and done trading day! With the volatility slowing down I am prudently adjusting my profits back to a point a day – Trade for Income! However, even with low volatility, I left several points on the table the first hour.
My point is this, I don’t know what the market will do. Nobody does. However it’s my job to follow a set of proven rules! My rules still worked as we still made money!
Speaking of jobs… I am reading so many blogs talking about the big drop in unemployment numbers and how better its getting! Well, I am not an expert, however, very few people understand how they calculate that number. While I am not trying to start an argument, I would ask you all to watch this video from CNBC.com with Rick Santelli. He explains these how these unemployment numbers are figured. At the very least you will see that unemployment may appear to be improving, I mean who can argue with a lower number, right?
Well yes, you can – Just check out the video.
I am not getting political here. However it really irks me to see politicians touting the jobs are getting better and in reality it is simply not true.
Moving on:
I will have a big announcement on tomorrows blog! Be sure to visit and check it out!
And here’s that video:
Cheers!
ETS
