Do you want to know the real reason the market is going down?

would like to here your opinion as well OP

 

Didn't @Overnight long like 3 micro NQ contracts or something a while back? Pretty sure it was right before the big drop.

 

Because it is volatile in the time of uncertainty. The best is to sell straddles.

 

Kill the economy to kill the virus = uncertainty and mass bankruptcies.
Mainstream media is crazed with self serving bias, panicking the misinformed.

 

Real reason... we got into an unhealthy ether of leverage, debt, and risk.... trying to "get something for nothing". (Thank you Greenspan, Bernanke, Yellen) Oh... and that "the chickens always come home to roost".

 

We just want to know how to earn money when market goes up, down, or sideway.

we are not interested to know why market goes up, down or sideway.

The more we try to know the reason why , the more we lose money from trading ! So simply focus on the charts.

 

Yes, it seems to me that without them, 100% would not have cost

 

I didn't see Pandemic on the chart.

 

Sure, why?

 

#1 Fed been fighting deflation for decades and it's attempting to show it's self
#2 Low oil prices in actual and a leading indicator that puts pressure on equities prices
#3 Pandemic fears (regardless of how bad or not bad it gets)
#4 Markets were overbought, so any change in dynamic that isn't at minimal bullish, they will fill in the overbought levels as there's not enough bid to support the selling particularly when people are leveraged.
#5 Fed has been acting with very little effect.
#6 Presidential elections coming up which given current dynamic of candidates causes uncertainty to say the least.
#7 Technical damage to charts is so bad, that probabilities of even a 2-5 day rally holding without retracing majority of it very quickly are low.

I could point to any and/or all of those. I'd be more interested in hearing a case of why the markets shouldn't be going down.