Adding 2 more units long here at 2847. Decided my position was a little too small and the move now looks to be on the way too at least 2860
Even if there was a "bear market correction" of 20% + the market would still be above where it was just a year ago...it's not like it would be nearing 17 year lows!!! No one has a clue how healthy corrections are in stocks and how important recessions are for the economy.....can stocks move up hundreds and thousands of percent in the next 5-10 years on top of the thousands of percent they have already rallied the last 9+ years? The risk to reward ratio is definitely tilting at this point...
yes, yes, i've already gone through this with a poster this morning Check back from earlier I'm trading woth fxpro. Their numbers are different to the other brokers I was lookijng at, but thtey all move the same, so it's all good
new highs soon either way. It's dropped 6 points from the high fairly quickly. Way too much too fast so it has to bounce