Official NGDPLT peg calculations for Q42023
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(copied from GitHub)
NGDP was $27,938.8 billion, per Table 3 (p. 10), line 1, column 6 of the advance
GDP report, which came out Thursday at 1330Z. Per ...
2 months ago
So you let it go nearly 100 pips against you because you had a gut feel opinion about the stress tests to then take a 37 pip profit?
ReplyDeleteGood job I'm only working part-time or I would have had the time to call you an idiot (in a constructive, polite, well-meaning sort of way).
I completely agree with you.
ReplyDeleteI did have my profit target at 1.3, but that doesn't matter. One of these will run against me for more than I can sustain.
Same thing happened today. 9.3pips with a ~35pip drawdown.