China data for Jan-Feb out. Record LOW production/consumption, record HIGH unemployment. Industrial output -13.5% y/y (est 1.5% Dec 6.9%) Retail sales -20.5% (est 0.8% Dec 8%) FAI -24.5% (est -2.8%, Dec 5.4%) Unemployment 6.2% (Jan 5.3% Dec 5.2%)
Wanted to write the same at first, but... Ain't gona be no numbers. Folks will be living in underground colonies, manufacturing this :
do you really think markets will go one way down...……. that is not the way of the markets. and if you want to make money out of this you have to figure out where is your stop. with the dow having moves of 5% down and 15% up best of luck with that
It was a joke Padu. Don't care that much anymore, where it will go in the next few months, in the game for the long run e.g next 50 - 70 years. Respect for those, who are participating in conditions like that and making money. Can't be zero in all derivatives.(?) and those that are unusually low on vol, my guess, in them the real chess type of moves, by the big players, were made prior to this and they're still in the trade, thus the question of vol, doesn't bother them.
When it's actually moving up and down, this is not THAT difficult to trade if you have an actual strategy / edge that you know works. Certainly not easy but the movement has not been so crazy that it's unimaginable that it can be traded consistently (outside of when it just limits down and/or circuit breakers down not much you can do there admittedly and I haven't been trading that) While I will still continue to trade this(again when it's actually moving up and down obviously), this has all the ingredients to potentially be worst than 2008, if you don't understand this possibility, than you do not comprehend fully what is going on. Lastly people with money do not look at set news reports and say "oh my that report is bad! let me press sell on 100000 contracts". They are already selling prior to that and this is just an after effect of people pulling bids and desperately wanting out with not enough exits. Smart money has already sold and they intended to sell the rallies as others on here have suggested.