Disagree. I don't even trade the thing, but I know what they mean when they say 50.00. They are just lopping off the two major digits. So 2850.00 for example. You can adapt, yer human. (By the way, I agree that it is a bit annoying, but I would preach that you should adapt to it, rather than ask them all to change the way they type their prints.)
Monday’s close, @Builder17 that is the level from which a positive or negative one moth return will be measured.
Unless y'r reading a post of Aug5 which means 2,950, or if Aug1 then it's 3050, unless it was Aug6 then it would be either 2,750 or 2,850... take your pick, what's 100pts here or there. Happy you are fine with that though. Just took profit on my 86.00 long at 59.1
We certainly will. A month is a long time, so certainly no disagreement on my side. But when you said now look at 12/26/2018 - I interpreted it as you drawing a parallell between that day and yesterday. Seeing how the first happened after a 20 % drawdown and yesterday is not that far from a market top - I feel that's a difference. FWIW, I think the week low is not yet in RTH. Thursday or Friday, IMO.
I think those posting only double digits are day trading and I think that's fine. If someone is swinging for larger trades like you are doing - it makes a lot more sense to add the whole number. Nice trading, man!
Thanks Had a good day on the 5th/6th. the above shorthand was just to highlight the point, should read bought at 2,786, t/p at 2,859.1 I also bought more S&P as well as the NDAQ, DOW, DAX & FTSE on the after market dip, total 16 contracts bought (6 already close today) and t/p on 9 existing shorts. Was a busy day for me
There have been 120 declines of 5% (has to go through -3% to get to -5%) or more since 1945, and 78 of them were <10% with the average being 7%.