Are we now in "safe" bear market?

Discussion in 'Trading' started by Cuddles, Mar 9, 2020.

  1. SanMiguel

    SanMiguel

    I don't think you can call this a bear market, it's just news reaction and has only been 2 weeks. A proper bear market takes months
     
    #11     Mar 9, 2020
  2. KCalhoun

    KCalhoun

    I'm mainly short bias $-wise with inverses, i bought small size this am:

    bear TVIX UVXY VXX SQQQ

    bull TQQQ TLRY CGC

    oil: GUSH UWT DWT

    i'll add to who goes up and take small stops on those that go down, i hedge/arb
     
    #12     Mar 9, 2020
  3. SunTrader

    SunTrader

    Proper? That is groupthink.

    Bear markets go against the crowd.

    Anyway hadn't you notice things move faster this twitter days?
     
    #13     Mar 9, 2020
  4. Stops in this market can be skipped over quite handily. Many stops will be skipped with this open. Only options can save you maybe.
     
    #14     Mar 9, 2020
  5. wrbtrader

    wrbtrader

    Just got back this weekend from March spring break with the family. Not trading today nor for the next few days to rest...I'm saved. :D

    I'm sure next week the crazy stuff with Oil and Corona Virus will still be here. No hurry to jump into the middle of that chaos.

    Yet, will be very careful about public places. My mom has already cancel her cruise, grand parents died years ago...no need to visit anyone in the nursing home, no medical appointments until next month for myself...

    Options not fixing the chaos...I am unless someone sneezes on me or on something I touch at the grocery store. :vomit: :rolleyes:

    wrbtrader
     
    Last edited: Mar 9, 2020
    #15     Mar 9, 2020
    nooby_mcnoob likes this.
  6. Every pro trader I respect is staying out.. But some ballsy fucker is gonna make millions.
     
    #16     Mar 9, 2020
  7. Turveyd

    Turveyd


    Had the balls and skills and ramped up size hard could of turned my 3k into 100k week before last, but reality I'd get so far get greedy and end up with a huge negative account.

    Lets see what happens when they remove the lock, quick dive and back on lock i guess.
     
    #17     Mar 9, 2020
    KCalhoun likes this.
  8. Dude I was short nq with size from 9735 and let's just say I did not net a half million on that short
     
    #18     Mar 9, 2020
  9. SanMiguel

    SanMiguel

    So you called it a bull market a week after the bottom in 2009? :)
     
    #19     Mar 9, 2020
  10. SanMiguel

    SanMiguel

    So where's all the volume coming from?!
     
    #20     Mar 9, 2020
    murray t turtle likes this.