Exactly, timing is 90% Otherwise everybody would always be right, just "early" or "late". I'm finding it harder to trade the last couple of weeks.
This mix account was underwater for almost a month due to a variety reasons.... It's back to new ATH only after I traded only ES/NQ. I'll shut down this account very soon as it carries no tax benefits...Plus it's starting to affect my mental health. No more experimenting new stuff anymore. I'm also posting here much less from now on as life is precious.
I did say on Wednesday that I got long again after being stopped out because the V was happening and it did. It's not easy for me to post live since I can't always be on here in real time, plus I have long positions plus short term trades. It's easier for me to just say when the V is happening. Besides, I'm here for discussion and ideas, not to prove I'm a genius or anything. So yes, I was looking for 509 on the QQQ which I got so that trade is done. Probably goes flat rest of today and Monday will be boring and then Tuesday the next week will start.
But why didn't you say 509 was your target before it was hit, I mean you read my question right after I posted it, yet you only answer it when your alleged target has been hit? No disrespect, but anyone can do after the fact calls. And yes, you say when the V is happening, but you are literally saying it's happening ALL the time and it's impossible for the market to go down, that's why I was wondering about live calls instead of after the fact. Not looking to pick a fight, just wondering.
Exactly right. And look, it only took almost 3 weeks for the market to come back to where it was 3 weeks ago. That isn't exactly "market only goes up". For the past 3 weeks, its more like "for every up move, there has been an equal or greater down move".