I'd say less than 1 out of a 100 day traders have $500k to start day trading with . But your right . You have to expect some flat to down months...
Sekiyo your trading a small account . Your emotions will be different than a guy trading a $100k amount . What apply's to some of the guys giving...
Ken timing is everything in shorting and more so in 3x leveraged short etf's. And example is sqqq. On Feb 26 the naz closed about the same price...
I 100% agree . But i'm starting to see traffic pick up big the last week.Things are somewhat crowded were i live . But yes things will take 5...
There going to cover people rents and mortgages who can't pay. They'll drop $20 trillion before this is over. Dow 50K plus is possible with zero...
And Buffett is selling . I think Buffett has a better track record . Were going to have to see if the stock mkt can fall in a possible depression...
Bingo i think the last 3 months proved again the economy and stock mkt are completely different . Think about the millions of people that have...
Your dreaming if you think real estate rices crumbling . If you don't believe the fed will pay off every mortgage and let people live rent free...
The price action of the last few days where the mkt just refuses to break is telling me there's a shit ton of people short as the landscape...
#1 shorting is a very short term trade . I’ve lived by the “ Take your short bacon or somebody will”. The mkt goes up 75% of the odds of shorting...
These are wicked demons . After being up 7% soxs closed down 10% . Just got to take your bacon on these when its there. That being said i'm...
Selling must accelerate here to really get this going. So far we've had a ton of dip buying . Es right now is 36 off the lows of regular hr's. I'm...
Yes no doubt but try to write off a $150k mtm loss vs the $3k loss standard loss and see if they don't challenge it as a "business" . There's no...
Out 65. took 9 quick pts
It might work . Were flat now .Thats why one always takes short profits like tonight in after hrs . Poof it can be gone in the am Nice trade fan...
Perfect example to take that short bacon . I was also in soxs ,spxs and sqqq in my ira . Sold it all scaling out till 7:58 last night . I see...
Thats why you must be extremely careful shorting . It's like walking in a bank vault and stealing money. There's nobody watching over the vault so...
You'll risk 50 on the downside to make 15 on the upside ? I'm willing to bet if we take out the after lows of 2825 we'll see under 2800. I'll be...
You went long at 2848.75? Were's your stop ?
There we go ken . Futures went from down 25 to almost flat . As i said many times when the futures tank before the 8 pm after hrs close they...
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