Be careful today- could be a big reversal to the down

Discussion in 'Trading' started by derektrader, Aug 18, 2020.

  1. smallfil

    smallfil

    Except, they do not settle for paltry gains. The retail amateur traders do that. I do not see any indication that the big boys are anywhere close to bailing out. Trend is up and they can run this up even higher if they wish. It is the shorts who have a lot to fear when they go against the trend. You are gambling against the percentages when big boys are obviously, driving stock prices higher.
     
    #11     Aug 18, 2020
  2. And ugly girls get dates over time.

    Nothing wrong with locking in gains here and keeping your powder dry. If Apple and Tesla didnt announce stock splits, we would be heading down already.
     
    #12     Aug 18, 2020
  3. thats a logical argument buddy. I hear you on that. However, we had an incredible run up against all odds and the big boys know rough waters are ahead.
     
    #13     Aug 18, 2020
  4. Bugenhagen

    Bugenhagen

    Care to give a reason why today?
     
    #14     Aug 18, 2020
  5. Tavurth

    Tavurth

    Rough waters may well be ahead, and though from my perspective the market is getting distributed into right now, that does not mean that it'll fall to any substantial degree in the next few months.

    Probably we should follow @maxinger, and trade as usual. If you believe that the market will crash, then bias short, but don't bet the whole boat. Instead give your short trades 50% extra run time, with a break even stop.
     
    #15     Aug 18, 2020
  6. S2007S

    S2007S

    Once they come out with a stimulus plan which they will in the next month or so stocks should rally rally rally. Unstoppable rally. It will be the most incredible market rally the world has ever seen.
    Dow 30k is coming. Nasdaq to 15,000 by end of year!!!!! Keep buying the fed rally.
     
    #16     Aug 18, 2020
  7. S2007S

    S2007S



    Without the stock splits apple would be in low 400s and tesla still under $1400
     
    #17     Aug 18, 2020
  8. noddyboy

    noddyboy

    Nothing you say explains why now. I only read "feelings" and a lot of statements with behaviorial biases.
     
    #18     Aug 18, 2020
  9. noddyboy

    noddyboy

    Stock splits don't matter. It is accounting 101. If you short and lose money, don't blame it on stock splits. Thank you.
     
    #19     Aug 18, 2020
    bone likes this.
  10. noddyboy

    noddyboy

    You can't break even on short if you are red the second you short.
     
    #20     Aug 18, 2020