DOW futures down 400

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

  1. Cuddles

    Cuddles

  2. It's already been down, up, then down again and markets aren't even open yet.

    I put $50,000 fake money into ES emini. Just a couple hours ago, I was down $30,000. I'm down $4300 right now, but it swings $250 every 1/4 point. So I could be up $100,000 or more by the end of the week. Or the complete opposite!
     
    #22     Mar 30, 2020
  3. I was up $3500. I went to eat something, now I'm down $13,000.
     
    #23     Mar 30, 2020
  4. EsKiller

    EsKiller

    if inverses gap up ? LOL WTF. How has nobody called you out on this before. Why would be holding 3x funds overnight when you can trade ES / NQ, and have the ability to exit almost 24 hrs a day. Someone said you have 21 years in this business...... Are you broke ? Why would u consider 3x piker funds over futures ?
     
    #24     Mar 30, 2020
    Zor_Champ, maxinger and themickey like this.
  5. That is why I put my money on Leon Cooperman NOT a Clown!:sneaky:
    Burn baby Burn!:D
     
    #25     Mar 30, 2020
  6. Cuddles

    Cuddles

    you want to sleep?
     
    #26     Mar 30, 2020
  7. Pekelo

    Pekelo

    This thread aged like fine milk.
     
    #27     Mar 30, 2020
  8. maxinger

    maxinger

    That's why it is so important not to predict the market,
    but trade based on what is happening from the charts.
     
    #28     Mar 30, 2020
  9. KCalhoun

    KCalhoun

    Check my journal, I sold most inverses premkt to lock in profits

    fdlypremk30mar.jpg
     
    #29     Mar 30, 2020
  10. I believe you should look longer-term. Try to predict several months from now. The randomness of a single day hardly matters then.

    That's why I'm not sweating my loss on SPXS so far today.
     
    #30     Mar 30, 2020
    KCalhoun likes this.