He's getting killed again. Note how he trails off and says nothing in these moments, but if he were a real trader he'd be life and death these days trying to preserve capital.
NKY:IND 14,483.98 -1,143.28 -7.32% Markets have not even close to start to feel the panic. 10% to 20% down from 1672. My target it s 1520 to 1472 to start.
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Sounds like it's time to reload the long position... But I won't. Bought some AAPL on the channel check info from MS.
Nitro's first series of shorts : More recently : So at 1650, his net profit / loss on his continued position ( no stated sell at any point on here ) is : Short 9 units at a total loss of 1652. Break even of entire trade is SPX hits 1478. Seems even doable on a fantasy level. However, making this trade with any meaningful base capital has to trigger significant margin calls. I don't trade SPX so I can't confirm this, and Nitro has never confirmed how much money he's put in ( I suspect zero ). Lastly, and perhaps more importantly, the opportunity cost of simply not going long the market lingers. Even if one can meet the margin, and somehow by repeatably adding to your losing position you break even, the risk you took seems large.
You can add roughly 2000 handles of additional losses from the beginning of the campaign. Don't remember exactly but it was in the 1100 or 1200s