With the Vix at historically low prices, options premiums are very cheap. There was an article I just read on marketwatch that said how you can hedge your portfolio very cheaply. So if the market for once ever actually is allowed to go down and the V doesn't happen, those puts would print. https://www.marketwatch.com/story/h...elloff-has-almost-never-been-cheaper-14030ba7
grabbing dow longs here on the dip how we're look so far overall since yesterday on the piker account positions: looking to go flat everything today and see if I end up red or green overall on the position Will revert back to the futures account next week if we get a little drop so I'll feel a bit safer with longs and not so much like i'm possibly buying the all time highs haha piker account until then considering it's all be long trades and I timed it very badly, i'm amazed i've not took a beating lol
25/20 looks good for a low risk long. Waiting for this PB to find a bottom. Going with the most probable scenario for now, but may switch short if this sells off pre-market and opens gap down.
A new trading rule I developed for ETH trading is to never enter long unless there's a decent dip. The dip always comes and it tends to be deeper than one might think. I've lost count how many times I've been too early. When I find some time, I'd like to do a study on just when the ETH low typically comes.
nice drop. I really like this area for a 'proper' long soon! Although still long on the baby account and don't wanna get too heavy on it and push my luck so Just holding the same small longs and waiting for the inevitable V! i'm red on the overall trade at this second now, though.