"US coronavirus: More than 6,000 are dead as NY governor to sign executive order to redistribute medical supplies " So long as USA continues to increases deaths, markets will drop, more deaths equals less business taking place and more restrictions of people being able to buy or work. When stats start flattening out, market might have continued violent moves both ways, but geared to upside. Least that is how I believe it should happen. Grains, Meats and Softs should follow. Financials and Dollar should go down. Energies may have bottomed. https://www.msn.com/en-us/news/us/u...-medical-supplies/ar-BB126TGU?ocid=spartanntp http://www-stat.wharton.upenn.edu/~steele/Pandemic/Resources/FidelityPandemic.pdf
Trust me, there is a reason why shorts exist. When things get too hot, it's time for shorts. This pic should help you to understand . . .
I'm a professional and solely use technical analysis & price action. I'm an award winning TASC author and industry expert
I'm putting some finishing touches on my S&P strategy. It's looking like... TP = 0.8% SL = 10% This is 10x leveraged so you will win 8% of trade value, and lose 100% on losses. You don't reinvest winnings.
Actually I just realized a major flaw in my mathematics. Tomorrow I have to see if I can figure out how to get Excel to do these calculations. It's way too much data to do manually.
Not only that... the market DOESNT move the majority of the time... opening even MORE profit opportunities. These dudes with linear minds, only going long or ONLY doing something, unfortunately limiting their opportunity cost. That's too bad.
Nice analogy, but on the buy and sell, at what point do you consider it going up and you buy and vice versa
True that, the market broke the jan 2019 low few days and reversed, made the perfect bear trap pattern