Can't believe the market lost +4% today!

Discussion in 'Trading' started by TheDawn, May 18, 2022.

  1. What do you mean stopped at 3915? Who says it can't go down further tonight/tomorrow?
     
    #21     May 18, 2022
  2. schizo

    schizo

    Ever thought about reversing and going short for once?
     
    #22     May 18, 2022
    SunTrader likes this.
  3. SunTrader

    SunTrader

    Babbling incoherently. Ignore.
     
    #23     May 18, 2022
  4. Jzwu2017

    Jzwu2017

    Today is a big shorting day.
     
    #24     May 18, 2022
  5. TheDawn

    TheDawn

    And yet we got:

    USD Core Retail Sales m/m: Actual 0.6% > Forecast 0.4% just published yesterday on May 17 and if all three of them represent 80% retail, then where did that number come from??
     
    #25     May 18, 2022
  6. TheDawn

    TheDawn

    I did and there were days like yesterday and May 4th that screw you just the same
     
    #26     May 18, 2022
  7. Jzwu2017

    Jzwu2017

    Shorting is more risky so more risk control is warranted. Better yet only short during day trading. Overnight risk is too high in the current volatile market.

    I shorted QQQ today only for day trading. No brainer.
     
    #27     May 18, 2022
    KCalhoun likes this.
  8. Overnight

    Overnight

    That was for last month, April. The markets always look forward, not back.
     
    #28     May 18, 2022
  9. SunTrader

    SunTrader

    Only for ones who don't know how to short correctly.
     
    #29     May 18, 2022
  10. maxinger

    maxinger

    download.png upload_2022-5-19_8-29-48.jpeg

    yesterday, there were many happy faces ( mostly traders from elitetrader.com).
    there were also many sad faces (mostly investors from eliteinvestor.com).


    __________________
     
    #30     May 18, 2022
    comagnum, Scataphagos and KCalhoun like this.