When good news is bad.

I am not a big fan of reacting to news but it does effect the market. In this run up, the market has rallied in the face of bad news. Today we got a good ISM and is not being digested positively at least at the moment. ES rallied and failed.

I use news as a way to see the sentiment. The news is a great way to uncover the sentiment. If you need to get things done you will get them done at what you feel is the best price. News days are a great way to get the uninitiated on the wrong side.

The character of the market is changing, leadership is changing where it leads I am not sure.

The services and materials provided should not to be interpreted as investment advice, an endorsement of any security, commodity, future, or personal investment advice, or an offer to buy, sell, hold or trade futures, options or commodity interests or a recommendation to buy, sell, hold or trade futures, options or commodity interests. You assume the entire cost and risk of investing and are solely responsible for any and all gains and losses, financial, emotional, or otherwise, experienced, suffered, or incurred by you.

Read previous post:
Email: How much should I risk per trade?

From email: "I guess the short of it would be what % of capital should your average trade be? I...

Close