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Old 2010-03-16, 12:22 PM   #427 (permalink)
Ken Long
Pip Sergeant
 
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331


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Quote:
Originally Posted by pipdetector View Post
Yes, this was one of the days that one must remember when setting risk level.

Unfortunately, Feds decided to announce the change of discount rate in the nontrading hours. MD did not stand a chance...

This anouncment was sceduled, just the result was unexpected.

Once again


FOMC Interest Rate Decisions today at 4:15 eastern time

Right durring MegaDroids trading hours

This may not be the best, or safest day for trading
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