Good Evening S2007S, You never know what anyone is doing in the futures market. You just do not know.
You are probably right but whenever i listened to “wise” comments i always lost markets just don’t work that way
Hello zghorner, Put that money in savings bro, and Think. Just sit back and think. Just think. There is nothing to invest in. The only thing on your mind should be how to take $1000 to $5000 of your money, and turn that into to $100K, then a million. Take the rest and put in savings and DO NOT invest or trade it. All you have to do is just think, stare, think and stare.
Hello zghorner, I have one algo that I can sale you. It needs $50,000, and it will make you $500,000 in a year. I can zoom call you and let you see all the back test and details and what ever you want. I do not have $50,000 right now to risk. I sale you the algo for about $6000, just do not share with anyone. You should PM me, so I can show you my algos that require the type of money you have. You seriously need to talk to some serious ES traders out here man, you sitting on alot of good capital to take risk with. Get an algo.
https://www.lazyportfolioetf.com/allocation/ has examples of ETF allocation by percentages for a particular risk level. The site also has a backtesting tool to test your own ETF allocations.
Long or short? I like to go long, risks capped, rewards uncapped, being doing it since 2014, higher CAGR than QQQ or SPY. I find short term trading (day trading) much harder. I am back to paper day trade. If you have some technical training or math background, you shouldn't give up on options unless you give up trading completely. Best wishes.
Long options (no spreads). I'm talking betting 30%+ account on one single name lol..with no legit reason. usually 3-6 months out and just watch it bleed to death because I had no idea how important volatility was. Absurd.