Is it time to go short?

Discussion in 'Trading' started by schizo, May 11, 2020.

  1. KISS

    KISS

    nasdaq is more manipulated and illiquid as penny stocks.
    highly illiquid market...and like they say never short an illiquid market only stocks that will be worthless can you short it. and there is limited amount of shares to short worthless stocks that is going to be bankrupt like JC penny stock etc. Why anyone would even buy jc penny when the stock is going to be worthless, it's short covering like the market. lots of permanent short ETF keeping this market together.
    the float is very small.
     
    #11     May 11, 2020
  2. KISS

    KISS

    nasdaq is experiencing short squeeze
    with v shape bounce from oversold conditions
    the volume or folat is too thin to and highly manipulated by algos.
    too many shorts in nasdaq in an illiquid market.
     
    #12     May 11, 2020
  3. Turveyd

    Turveyd

    Nas, Fed buy every dip and so do I, making okay $$$$'s today scalping, longs only, don't fight the fed.
     
    #13     May 11, 2020
  4. Turveyd

    Turveyd

    Day trading is fine, NQ 7 postions, 0 losers +$320 at $10 per pt.

    Momo is strong these days.

    Stop thinking, just follow and join direction.
     
    #14     May 11, 2020
  5. KISS

    KISS

    you can make more money trading the stocks than the futures contract on the nasdaq
    people shorting the nasdaq to hedge long positions..
    there is no hedge.
    prices at nasdaq is fixed. like penny stocks at OTC

     
    #15     May 11, 2020
  6. Turveyd

    Turveyd

    Disagree, +$440 reversed that NQ spike :) Done in about 2 hours from a small sub 5K account while watching a film, stocks way too much work and way too many rules PDT and all.
     
    #16     May 11, 2020
  7. schizo

    schizo

    Methinks we will get 2 more days of rally before hitting the target. Again, look for 3030 on the ES and 9450 for NQ. Make sure you wash that Bear costume as well. Wouldn't want you to come near me otherwise.
     
    #17     May 11, 2020