As we know, futures down now doesn't mean down tomorrow morning, but still... If markets crash next week, how are you going to trade? Good thread to post your thoughts. I'm in several k inverses as usual overnight. I also bought some long bias TNA to hedge, so of course markets will gap down tomorrow lol. As usual I'll trade SQQQ TVIX SDOW TZA SRTY etc.... thoughts? Here's some of my ETF positions
Since I trade only futures, and you trade only stocks, I have no thoughts to add. But my suspicion is that no matter WTF is going on in the world, we'll always have summer in Gstaad.
*cough* that was a subtle hint that you should get on your sax and play more Mancini, and then link it. P.S. This would sound great on a tenor sax also...Work on it.
Finally... 30million unemployed, pandemic, China trade war, massive bankruptcies, riots and looting..... Maybe now the fcking market finally crashes. About time Top daytrading pick = TVIX Top swings = SRTY SDOW FAZ SPXS SQQQ SOXS
These 3x are looking so ugly . I noticed when es was down 35 on Friday soxs was down around 4%. The law of little #'s has killed these . I really think you need these to get some steam then jump on them . Every little move up the last 3-4 weeks has been a big fake out and they collapse to lower lows .
The market DID crash, back in February/March. A forward-looking market is now looking at everyone slowly getting back to work. AND...as people get out of their house, they will start spending their stimulus monies.
Thanks... you kept me out of trouble last week re your reminder to avoid chop, sincere thx. I usually avoid trading Monday chop, this time I'll wait til Tuesday to scale into inverses if they run so I've got more unrealized profit to play with in case headfake. Tip: note last week Wednesday Thursday Friday all had midday/eod reversals. I'm using trailing stops, some manual, some automatic