DOW futures down 400

Discussion in 'Index Futures' started by KCalhoun, Mar 29, 2020.

  1. KCalhoun

    KCalhoun

    Small down, I'm in inverses so hope they keep dropping

    https://www.cnbc.com/

    Anyone got thoughts re tomorrow strategy? I'll be trading SQQQ VXX TVIX etc
     
    Last edited: Mar 29, 2020
  2. Turveyd

    Turveyd

    Good news New York topping out, bad news, every other damn state over the next few weeks is going to start getting ugly before they top out.

    Stay short :)
     
    KCalhoun likes this.
  3. KCalhoun

    KCalhoun

    Last edited: Mar 29, 2020
  4. KCalhoun

    KCalhoun

    If inverses gap up I'll scale up, VXX SQQQ SDOW favorites
     
  5. Turveyd

    Turveyd

    I just daytrade Dax and NQ, too expensive got me recently, done a few in quite times, try for more this upcoming week.

    Playing in this hell, will either get you rich ( relatively ) or Bankrupt real quick, brave or stupid ? :)
     
    KCalhoun likes this.
  6. This one is something to think about!:finger:
    Almost all the retail money is on the short side and ready to be picked!
    Hence the saying: “Bull markets climb a wall of worry.” and "Don't follow the Crowd"
     
    Last edited: Mar 29, 2020
  7. KCalhoun

    KCalhoun

    Playing this heaven has been great, the risk comes from overnight gaps unpredictable for swings
     
    Turveyd likes this.
  8. Turveyd

    Turveyd

    Bear Markets are FEAR and everyone just wants out out out out!! Fast down low volume, slow up high volume.
     
  9. Turveyd

    Turveyd

    No shit LOL

    I'm too worried about a CB kicking in, then 15mins later 100pt gap to murder me, so not when new highs are lows are being put in.

    That and need to run a 50SL for 2mins in the game, usually run 12SL, expensive to be wrong.
     
    KCalhoun likes this.
  10. KCalhoun

    KCalhoun

    And "bear markets during the worst killer pandemic in a century crash and burn, baby, burn!"
     
    #10     Mar 29, 2020
    Clubber Lang likes this.