J. Powell delivers
- FSU Nole Trades
- Dec 13, 2023
- 1 min read
It was a good day in the markets as Powell's comments continued to propel the bull market with the DOW setting an all-time high. It provided some good volatility in the aftrenoon which I was able to take advantage of. I traded quite a bit in the morning (or should I say overtraded). It was one of those mornings where the move I was looking for took longer to materialize. I was in and out several times with about 40-50 contracts trying to short. The fees add up quickly, but I was able to pull about $14K before lunch time and put myself in a position to wait for the 2PM Fed meeting to see if there were additional opportunities. It is much easier to trade when playing with house money. I ultimately pulled $28K in gross profits and $25K net. Another very good day that put me just over $100K towards my $1 million goal. I have to admit, I am shocked at my total thus far, especially after starting out down over $85K after the 2nd day of my challenge. Need to stay focused and humble.

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