Do you want to hold the line, or pray for a crash?

Discussion in 'Crypto Assets' started by The_Krakenite, Apr 11, 2022.

  1. maxinger

    maxinger

    [​IMG]
     
    #11     Apr 12, 2022
  2. %%
    Good SPY inverse+ qqq inverse trends...........................................................
    I was afraid my spy inverse ETFs gap would take away all my profits/ but last i looked spy inverses still uptrend. Prices + 200 dma = subject to change:caution::caution:,:caution::caution::caution::caution::caution::caution:.
    FNGD makes some monster moves, but that things gaps too extreme for me since they reverse split it/ some time ago.
    LOL /up + 7.3% this week even with the gap down today:D:D
     
    #12     Apr 12, 2022
    johnarb and KCalhoun like this.
  3. %%
    Good points.
    And not sure why anyone would think the market cares about thier private thinking[wishes]LOL:D:DStrange but true i was thinking today today, prayer for trends may work better long term than prayer for countertrends. I would never pray for a bitcon uptrend, even when the IRS get$ involved in bitcon.
    Partial disclosure\ many fund managers pray market goes down/ so they can buy more of it.
    I [wish openly] + pray for gasoline downtrend not a crash. + Now that i got some profits off SPY inverse ETFs, i wish for good SPXL,UPRO uptrends.
    NOT a prediction+ not insured by any federal agency.....................................................................................
     
    #13     Apr 12, 2022
    johnarb likes this.
  4. eliteinvestor.com

    Out of curiosity, I checked out the URL earlier. Sure enough, it exists and some guy is peddling his wares there. :D
     
    #14     Apr 12, 2022
    murray t turtle likes this.
  5. %%
    I WISH[public wish] for my Inverse ETFs to go up , crash is fine, but a downtrend profit under 200dma is much more likely. And my SPXL longs ....... to go up/dividends are fun also.
    And i prefer to pray before i get into mess LOL not after /\done both.
    I also wish [public] for a crooked bank like C [citigroup]to go down\certainly its a prayer .Its a penny stock they reverse split 10 times [$52 citi price is really$5.20]
    Not a stock tip or peddle /LOL:D:D
     
    #15     Apr 12, 2022
    johnarb and KCalhoun like this.
  6. nodoubts

    nodoubts

    Crashes are useful, a natural correction when prices no longer line up with reality. In a crash, shares are also much cheaper, with much larger gains possible. Why wouldn't a trader want that opportunity? I grew my entire account 27% in the crash of March 2020. If you're not overexposed and you bought correctly in the first place (no chasing), what's the problem? Play the bounces, play the game.
    Happy trades!
     
    #16     Apr 19, 2022
    murray t turtle likes this.
  7. %%
    UPRO did crash+/ MAR 2020;
    spxs had a good uptrend/splv a good down \trend.
    Actually it pays real well to do some chase 'n an uptrend bull market\
    but that may do better above 200dma or parabolic stop + reverse weekly buy[marked by a bunch of dots........]. Buy bye as they say/@ end of day/LOL:D:D..................................................................................
     
    #17     Apr 19, 2022