Post CPI

“Risk comes from not knowing what you’re doing.” – Warren Buffett

I hope none of y’all traded CPI this morning. One of the fastest ways traders lose these accounts is by abandoning their model the moment high-impact news like CPI comes around. Instead of waiting for their setup, they start gambling on volatility and hoping price goes their way.

News events can create massive moves in seconds, but they can also wipe ou…