Proabably don't want to hear this but at the end of the day its only money. Don't do anything stupid on a personal level. You can always always get back in the market. Lots of people are going to be hurting today and tomorrow is another day. Peace!
You cannot ignore the PPT. Don't make that mistake. I have been in the markets over 18 years - successful and a survivor after dozens of huge down days like today. Be on alert for intervention. Put stops, take partial profits, don't go overboard.
That level is the 50% level from the highest SPX close too. Going to zero? I am not that pessimistic. Governments will delete the markets from existence before that happen.
You mean like kill myself? HA! No way. I've found true happiness without money. Money is potential. I have a great system and will be back very very soon. Thank you. I wasn't looking for sympathy, just don't want anyone else to go down like me.
I have a question. It is not ES but NQ, I am short one contract and my profit is not big I shorted pop when ES locked. I probably can cover it now /I didnot try it/ but it looks to me that we can fall down so it does not have sense for me. However I am afraid that there will be big jump up initiated by non existing PPT 20-30 points easily can happen. So I decided try to cover it immediately if it jumps down on the open and stops falling. I have no experience with such situation. Opinions?
I see 822.00 today and maybe we will close this overnight gap...But hey, I am just a humble market participant, er...intraday liquidity provider
The sky is falling !!! Anyone remember the other limit down move that happend around 1255 in the overnight a long time ago ? The buyers then came out nicely but somehow I feel that won't be the case today. Could this be the 10% early market close day that has been hiding ?
You got it bro, its only a tool, good trading. check out "what money really means" by Thomas Kostigen when you get a chance.