@v-shape-0DTE blew up again, today. If he admits to being an unleveraged investor, fine. No way he's making money as a directional trader with any kind of leverage.
He's a full-on troll. That much is clear at this point. He comes across as someone that got burned on a short position. Either that, or he's young.
I'm not sure about that. He does have a valid point, i.e., this is a very strong bull market currently. My criticism is that his viewpoint isn't tradeable as there's obviously huge dips along the way even if there's a V. Also, I have no doubt this market will sell of substantially at some point. Maybe as soon as next year.
He did proclaim a V today in real time (and ATHs yesterday) and the market actually painted an A instead. Just stating the facts.
Stating the obvious doesn't equate to making a point, in my opinion. If he's actually trading, his perma-bull attitude is going to get him in trouble.
No disagreements there. We've had strong bull markets in the past, too. And, the long term trend of the stock market is up. Always been. And always will be unless the current system breaks down somehow. So, nothing new, really.
100 %. Let's hope Trump doesn't disappoint. LOL. Last few weeks have been tough (compared to earlier this year). Predictably, the rest of the year will be tough, too. Both upside and downside is limited. With a market that's locked in balance there's not much to be made.
I've been short and adding on since 5800 in my day/swing trading account. I moved most of my retirement accounts into treasuries a couple of weeks ago.