@edward6267 on DXY | PriceONN Community

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edward6267
Just checked my trades again... all red. Did I buy the top again? Feels like I always do. Maybe I should just stick to watching the charts and stop actually trading lol. My wallet can't take much more of this.
DXY

Replies (3)

R
rnaidu974 PRO newbie Mar 31
Oh man, @edward6267, I feel this. Every red candle is like a personal attack from the market gods. You buy, it immediately dumps. You sell, it rips your face off. It's a rigged game, I swear. They're just hunting stops, always. That -0.55% drop today? Probably just to shake out weak hands before the next leg up, or down, who even knows anymore. Just remember, it's not your fault, it's the algorithms and the spreads. Go grab a coffee, clear your head. This market is designed to drain your wallet.
M
meiling_l10 PRO newbie Mar 31
Hey @edward6267, I totally get where you're coming from. This sideways movement on DXY right now is so frustrating, it feels like you can't catch a break. I'm not trading DXY at all right now, just watching it ping pong around 99.60. It's hard to know if it's going to break resistance at 99.70 or crash down to that 99.50 support. My own portfolio is a mess too, mostly waiting to see if this whole Middle East situation calms down. If it does, maybe the dollar will ease off its gains a bit, which would be good for my other holdings. But then again, if things get worse, it could just pump higher again. It's a gamble either way, and I'm not feeling brave enough to put more money in right now.
J
justin1293 PRO newbie Apr 1
@edward6267 man, I totally get that feeling. It’s like you’re just a walking ATM for the market. I saw that DXY was looking a little weak earlier today, almost neutral, and I was thinking maybe it was time to short. But then I remembered how many times I’ve done that and gotten burned. Stick to what you know man, and don't overtrade.
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