Team,
Welcome to all of the new subscribers, and of course, welcome BACK to all of the original members!
These research notes are my evening homework. It is a great honor to share them with you.
My goal is to use this research and understanding of the market to win 50% of my trades with a reward/risk ratio of 2:1. Trading is largely a math and probability problem. Don’t overcomplicate it.
And don’t overemphasize the outcome of each individual trade. It’s all about winning over a series of hundreds and thousands of trades over time. Enjoy the journey🍻
-Andrew
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Market Update 📊
Index Performance YTD 📈
News/Economic Data 🌎
Chicago PMI sub 50 (contraction) and the prices component decelerated dramatically from prior months 👇
ADP employment data incoming 10/2 at 8:30 AM EST:
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