I Got this one wrong guys.....

Discussion in 'Trading' started by Max E., Apr 9, 2020.

  1. Max E.

    Max E.

    Here is what iu was looking at in terms of today's trade.

    todays trade.png
     
    #181     May 11, 2020
  2. Max E.

    Max E.

    On top of that it had peaked on the hourly chart, so I'm looking at it saying if it rolls over here I'm all in.

    upload_2020-5-11_7-57-6.png
     
    #182     May 11, 2020
  3. SteveM

    SteveM

    I'm not sure what the point of this is?

    If 35 new infections will be enough to lock down again, then the government might as well make it illegal for people to leave their homes for any reason for the next 4 weeks, and have the army deliver 20 pound bags of rice to their doorstep to sustain the population.

    If they did this and banned all incoming flights/ships, the virus truly would be eradicated from the country...if 35 new cases is going to be enough to shut entire countries down again, then this lockdown insanity is going to be happening for the next 2 years.

    Either go full 1984-Orwellien lockdowns, or fully open up the economies.
     
    #183     May 11, 2020
  4. Max E.

    Max E.

    Damn i called this thing before i entered, was looking for a 2900 break, I'm running out of contracts now.... wish i had held everything. :)

    upload_2020-5-11_7-58-49.png
     
    #184     May 11, 2020
  5. vanzandt

    vanzandt

    I mean... I understand what you're saying... but what happens when those 35 people all go to bars this week? 1225 infections? What's 1225X35 equal? And what percentage of those die, or infect someone who dies?

    It is what it is Steve. Its just like 9-11. Part 2. The world changed because a dozen idiots hijacked some airplanes. In comes the Patriot Act. We're just getting started Steve; pretty sure we can kiss what remains of our privacy goodbye. Fortunes will be made though. Just like 9-11.

    ......Maybe Pinterest has some good rice recipes.
     
    #185     May 11, 2020
    SteveM and Max E. like this.
  6. Max E.

    Max E.

    I know, I'm a donkey... LOL this one hurts, but at least its pain from being on the right side of the trade, as opposed to the pain i have been going through being on the wrong end of it :)
     
    #186     May 11, 2020
  7. vanzandt

    vanzandt

    Like Orbit said above, its the hardest thing in the world to let a short run after you just got stung bad. The absolute hardest.
     
    #187     May 11, 2020
    Max E. likes this.
  8. Max E.

    Max E.

    1:)
     
    Last edited: May 11, 2020
    #188     May 11, 2020
  9. ktmtrader

    ktmtrader

    Did you add to your short at 2900?
     
    #189     May 11, 2020
  10. Max E.

    Max E.


    Nope, Never chase a trade, no matter how much you believe in it. Its not profitable, and you will get crushed.
     
    #190     May 11, 2020
    ktmtrader likes this.