Fed announced another 50 basis point cut, everyone expected a big move. So I followed through with my plan, except I only have one open order for SKF in my IRA.
As for my small account, I did more study this morning and planned to trigger the trade when SPY moves 4 ATR on the 5 minutes chart and entered the order.
The Call was triggered and I watched the rally faded very quickly, so I closed the trade with $0.46 profit. It is a tiny profit but I found that it is not so hard to trade again.
My biggest wins are day trading RUT, and those are the ones I am the most comfortable with.
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