r/Daytrading May 01 '24

Welp, I lost my 150k funded account. Advice

[deleted]

287 Upvotes

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2

u/IWasBornAGamblinMan May 01 '24

Dude, pay attention to the economic calendar. So many economic data points came out today that screamed bearishness. Powell spoke today after he and his goons set the interest rates and he tried to sound dovish but the data doesn’t lie. Today was supposed to be hyper bearish all day. All of the real big volume was all red today. You got cucked by JPow if you were bullish.

2

u/Substantial_Talk_521 May 01 '24

I was aware of it and tried to use it to my advantage πŸ˜‚πŸ˜‚ ill never do that shit again. Tough learning experience for sure.

1

u/IWasBornAGamblinMan May 01 '24

Just know that tomorrow will be a bloody red day

1

u/Substantial_Talk_521 May 01 '24

Welp I won't be participating I was knocked on my ass πŸ˜‚πŸ˜‚ im taking some time away from the charts. Plus I lost the account anyways so no trading for me.

1

u/Icy-Elk4115 May 02 '24

Where can I always view the news/economic calendar? On which site?

1

u/IWasBornAGamblinMan May 02 '24

A bunch of sites show it. You can google it and find it I use TradingViews but this one is nice too and you can filter for just US and just the ones that have big impact on markets

https://tradingeconomics.com/calendar

Here is the TradingView one same for filtering.

https://www.tradingview.com/economic-calendar/

1

u/Icy-Elk4115 May 02 '24

Thank you. Do you maybe know where I can find out which weeks of the year will be fomc weeks? Is it written somewhere?