Feels like we are tethering on a crash...

Discussion in 'Trading' started by lwlee, May 12, 2022.

  1. ET180


    I occasionally buy a put or call spread just for fun. Spreads are the safest way to play a volatile market.
    #31     May 14, 2022
    KCalhoun likes this.
  2. Nine_Ender


    From March 30, 2020 :

    You are obviously overly cynical about markets in general.
    #32     May 14, 2022
  3. RedDuke


    Not cynical at all. I easily change my mind when facts change. This is why I algo trade. Software is programmed to adopt to market changes. The main thing I learned over the years to not stick to any belief in the market. The moment facts change, you must change with them or it will cost you dearly. Back in March of 2020 all looked very dark, and I expected more pain, then miracle of free money took hold, and I like everyone raided gravy train.

    Where I made a huge mistake is crypto. I convinced myself that Tether fraud would be busted any day and crypto will fall apart. I acted against my own rules, and it costed me
    To miss the whole thing.
    #33     May 14, 2022
  4. lwlee




    Is this the bottom??
    #34     May 20, 2022
  5. Specterx


    TSLA will bottom when the broader market does. The price at which it bottoms depends on whether the business holds up or turns into a busted growth story a la NFLX and many vintage 2020/2021 story stocks.
    #35     May 20, 2022
  6. RedDuke


    #36     May 20, 2022
    NoahA likes this.