Are we now in "safe" bear market?

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

  1. Pro traders don't make the volume, probably Dalio and Buffett
     
    #21     Mar 9, 2020
  2. Turveyd

    Turveyd

    No playing the 400 to 700 point swings on YM obviously with hindsight only, 5k in 30mins, double size make 10k, 20k, 40k repeat repeat repeat, end of the week millionaire easy, bet some one did it.
     
    #22     Mar 9, 2020
    KCalhoun likes this.
  3. apparently this guy https://twitter.com/SirJohnSteele

    still don't know if he trades a real account but last time he posted a screenshot of his account, it was at 25 million.
     
    #23     Mar 9, 2020
  4. SunTrader

    SunTrader

    I let the market, i.e. price, do that.

    SPX is down 18.72% from highs so technically not quite 20%. CNBC, Foxie Business and others can wait for that to be reached to be anal about calling it a bear or not.
     
    #24     Mar 9, 2020
    murray t turtle likes this.
  5. I'm thinking there will be better times to trade, soon. We all really want to catch that reversal, but geez... Plus, spreads on the options I trade are freakin WIDE right now.
     
    #25     Mar 9, 2020
  6. Cuddles

    Cuddles

    That dead cat bounce is killer.... Glad I stayed with my premarket $USO only
     
    #26     Mar 9, 2020
  7. KCalhoun

    KCalhoun

    What's disappointing is the @#$ cb halt killed volatility and it was a choppy rangebound first hour.... would be great to see some volatility this afternoon
     
    #27     Mar 9, 2020
  8. smallfil

    smallfil

    Ended up closing two trades today, one small loser, one decent winner. Not the best of days, not the worst either. On the plus side, I can place two new trades tomorrow. Lots of trading opportunities out there still.
     
    #28     Mar 9, 2020
  9. KCalhoun

    KCalhoun

    Mostly small stops today fishing for bounces, only decent win was UGAZ, holding tiny size inverses, DWT GUSH SQQQ etc. Disappointingly choppy flat mkt today after the halt. Tomorrow's another day..
     
    #29     Mar 9, 2020
  10. Cuddles

    Cuddles

    Bumping
     
    #30     Mar 11, 2020