Short term top call here...? Sold stonks into bear mkt rally

Discussion in 'Trading' started by KCalhoun, May 26, 2022.

  1. %%
    SINCE main trend has been down\ + still is\ want more inverses than any kind of longs.
    SOLd SPLV, profits. Plan on holding some stuff thru Memorial Day=LOL Most markets are closed.
     
    #21     May 27, 2022



  2. Ouch Ken, ouch. :)
     
    #22     May 27, 2022
    Nine_Ender and murray t turtle like this.
  3. SteveH

    SteveH

    If you pay to hang around someone who has 25+ years in the markets on a daily real-time basis and he can't show you how to dramatically grow an account because he doesn't have the emotional fortitude to do it himself, then all you'll ever learn is how duplicate that same level of mediocrity.
     
    #23     May 27, 2022
    Nine_Ender, newwurldmn and smallfil like this.
  4. Yeah, bad timing
     
    #24     May 27, 2022
  5. KCalhoun

    KCalhoun

    I still did ok with initial swings for stocks,, took small stops selling inverses premkt, exited early.

    It'll be interesting to see if buying momentum continues next week, it well may continue up for a few days.

    Mostly Cash into weekend.
     
    #25     May 27, 2022
  6. kashirin

    kashirin

    No its still euro. Rose 3% on ECB sorta hawkish pivot. They will move to zero in 6 months.
    Somehow market consider it hawkish

    Still going to parity IMO
     
    #26     May 28, 2022
    TrailerParkTed likes this.
  7. SammyJ

    SammyJ

    Of course Ken exited his shorts after the fact ( he shorted Thursday night and we skied 110 es) . He reports after the close he exited and is mostly cash after the fact . If we crashed sometime yesterday Ken would have been short . Kens a nice guy but he’s a terrible trader . He’s a perma bear and he can’t shake it .
     
    #27     May 28, 2022
    Nine_Ender likes this.
  8. KCalhoun

    KCalhoun

    Not true, I trade long-bias SOXL most days when the market is up. As well as gaps and breakouts like my recent SNAP DIS etc long trades. I trade both long and short bias trades daily.

    Re yesterday I was in small size inverses overnight and sold small gaps down premkt for small stops. No big deal.

    I do 40-110 round-trips daily, i don't post them all, just occasional examples of both wins and stops. I was up $4k from inverses recently but gave back some with stops last week.

    I'd expect up to a few more long days next week, then selling resumes by week after.
     
    Last edited: May 28, 2022
    #28     May 28, 2022
  9. Nine_Ender

    Nine_Ender

    Less then $4K profit over the last few weeks ( his claim ) doesn't suggest his methods are scalable and sustainable long term. Doing even more round trips per day sounds like trying to overcome the weaknesses in the calls/strategies with pure energy. Good way to burn out. If I were a short side expert, I'd have expected huge oversized returns roughly April 19 - May 20.
     
    #29     May 29, 2022
  10. KCalhoun

    KCalhoun

    Nonsense. I'm still net profitable and Up from where I was in late March.... can you say the same?

    Your petty, false libel attacks must stop, nineender, do I need to ask Baron to ban you again? last and final warning
     
    #30     May 29, 2022
    noddyboy likes this.