but money cannot consistently be made trading every day or every week during the year. Only the foolhardy will try it.
This pretty much sums up the market as we move into options expiration tomorrow. October conditions were ripe for trading. Early November was great for the diligent shorts who were frustrated by stop outs during the month of October. This week is only good for the brokers and market makers. Swing traders need to recognize that conditions are poor for their sport and step aside until conditions improve.
More games are sure to be played, more trading accounts will be chopped up in the choppy market, and more broker fees will be paid until the strongest trends reassert themselves. Do yourself a favor and stay out of the ring while there is a melee going on.
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