AALWAS LISTENING TO A VIDEO AND HEARD THE PERSON SAY TRANSPORTATION STOCKS DECLINE WHEN OIL IS OUTRAGEOUS... BASICALLY 70% OF AN AIRLINE TICKET PRICE IS FOR FUEL! BULLSEYE... DECIDED TO MONITOR THE TRANSPORTATION SECTOR AND MAJORITY OF AIRLINES ARE DOWN. 1 + 1 = 11... GOT IT. CHECK...
Always learn what you wouldn't of known had you not actually dug around... if that even makes sense (even though it does make sense). Saw freights and trucking still up earlier this morning... sticking with airline shorts kept the discipline rolling.
Yes, studying, listening can get boring but who cares. This is our job... to know... what we didn't know before.
P.S. BEEN MONITORING TIME AND SALES. TELL TALE WHAT THE MM'S ARE SPREADING. GLAD TO BE BACK TO THE BASICS. ALSO, MADE A TRADING ERROR EARLIER ACCIDENTLY WENT LONG RATHER THAN SHORT. GOT OUT AND SWITCHED. LUCKILY CAUGHT IT JUST IN TIME. #MINIMIZETRADINGERRORS
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.