Well played
Aren't NVDA earnings in 5 days?
True, but new wheat is harvested in less than a year. Cocoa takes years from planting to harvest. Cereal vs. tree. Just saying.
Some people just want to be right and prove everybody else how smart they are. I'm not saying I'm not one of those people :D
Words of wisdom.
Sorry you got stopped out. One question if I may, have you considered (for your counter-trend shorts) entering on downward momentum and very...
Mañana, mañana... :D
80% of the basket in 3 stocks? A single one week record? Keeping the AI models running ~$7,500 monthly?
I don't have my charts here, but didn't we get something like a 7% correction? If I recall correctly someone here predicted exactly that point as...
Much respect to you for keeping an honest journal. Best trading to everyone.
Ok, another philosophical question for you then... :D Why not just short the mini NQ futures? Smaller size bet, longer term? (Only asking because...
We're up 40 points... :D Cocoa down almost 7% today if you're itching for more action
My bad, I missed your quotation marks. My point was that it's very unlikely he got that loss as some form of extreme drawdown in his system and...
Most people who blow up do so doubling down on losing positions. Doubling down of course works great on mean-reverting markets, improves your %...
I really hope - no irony here - that you're making hay while the sun is shining. :thumbsup: Nothing (good or bad) lasts forever.
You also have to consider short/long term, the type of strategy (and expected drawdowns), number of non-correlated strategies being deployed and...
I guess it depends on your timeframe (and instrument), but I'd say we're in a short term correction or a downtrend, depending on your optics....
I'm agnostic as to whether we break 160 or not, but I'd be surprised - and even disappointed - if we didn't see a retest. But hey, I'm just a punk.
So now, 95% chance we revisit 160 to see if their powder is still dry.
It's gonna be hard to get it to turn around, but IMHO, when it does the unwinding of long USD is going to be epic. Of course nobody, or at least,...
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