Why not to use market depth

MRC & Co said:

Made back all my down days plus more Such is the world of trading.

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Naked shorts said:

Good work mate. Im still trying to make back the money i lost this morning, almost there
I also considered trading the news again this morning (GDP release). lucky i didnt (even though my prediction was right) because it flipped like it did yesterday

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MRC & Co said:

Yeh, to be honest, I didn't even bother listening to the announcement today, market has been so irrational, I just traded what I saw. Made a few ticks scalping it each way.

Almost there to making back what you lost earlier? Good stuff mate! Chipping your way back into the green after a long day in the red, is a fantastic feeling and takes a LOT of discipline. One of the hardest things to do IMO, but definatley possible.

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jersey10 said:

didn't the spi shoot straight up quite strongly after the announcement?

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