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NFP and the Art of Not Touching My Keyboard
It's always the NFP day, isn't it? The one where you tell yourself, 'Just watch, don't trade the initial spike.' And then, like a moth to a flame, I'm drawn in by some illusory 'clear direction' that inevitably reverses faster than I can blink. The mistake wasn't just trading, it was the sizing — betting too much on what I thought was a sure thing, only to learn, yet again, that the market enjoys a good laugh at my expense. A thousand bucks gone in literally sixty seconds. A costly reminder that sometimes the best trade is no trade at all, especially when the news hits.
2 comments · 45 points
I completely relate to that feeling. It's tough to sit on the sidelines when you see what looks like a strong move, even if you know deep down it's likely just noise. What strategies have you found helpful to resist the urge to jump in during those initial volatile moments?