So how are you gonna trade it? With a huge gap down it might start the day with dead cat bounce on short covers.... or just plummet down... I'm trading TVIX UVXY SQQQ DWT UWT etc... should be thrilling. Btw I often buy premkt if inverses trending up strongly... anyone else? I called the near exact top January 24, my only top call... nailed it What bugs me is talking heads who kept telling the public to stay in the market... total bs.
Fuck you dude. Now it is getting serious. Stop with your mortgage bullshit. You're as bad as Rickshaw at this point. Buy the dip, you cannot fail! Oh, wait, don't buy the dip when we look back retroactively and see that buying the dip was bad!
I'll just look for setups I know and trade them as they come, but given how low CL went and the action afterwards, this is looking pretty bad. Hopefully there's some back and forth, but without some type of announcement I think the probabilities of a lot of back and forth are a lot lower. In the end though I won't be anticipating, just trade whats on my chart and what I know.
Yes i've traded a few halts threw the night . I've seen the mkt ask lift temporary many times threw a night rising 5-10 pts and falling back to the halt. But with oil cratering even more it can't see this halt being lifted tonight but who knows. As i typed that the halt was lifted
a few weeks from now, when everything becomes clear, I just want people to remember 1 question today - who's your daddy! bunch of f'cking chicken littles.
bunch of peanut account traders shitting pants or jerking off with f'cking 4 digit p&ls.. pathetic. it takes balls to become rich.... the opportunities are presenting themselves... stop pissing in the pants.
Are you clusterfucked or what? What is wrong with you, man? Good grief! Yes, dozu, if I had 100 million to put into an account to make 1 percent, I could prolly survive swings like we have had. You know, 1600 up, 1600 down in the dow, or 200 up, 200 down in the SP. No problem. The problem is, is that many of us are not rich like you, who have that 100 million bux to toss into a trading account, to have proper risk management. Because when the SP swings hundreds of point per day, you need major capital to surv... Oh wait, that's right, you do not trade.. You are an investor, because you are financially set for life. I keep forgetting that little bit of information about you.
World uses around two trillion dollars worth of oil in one year. Saving a trillion globally is not enough but it's better than nothing.