Yeah, man, I understand your line about historical averages. But the last two years are blowing holes wide open in what was the mean, median and mode.
%% Well first day was down in some indexes/ETFs. H e maybe all ready long/rides profits...…..AS far as using more margin, or adding margin-that maybe sarcasm, but I seldom borrow much money in May. Pre -election years are so bullish/uptrending, may have wished I had used more margin LOL. NOT a prediction, not cryptic
Today May 6 futures are down almost 2% across all major indexes. My covered calls were assigned May 3 last friday. When the dust settles, maybe sell otm puts, or sell otm calls. Sell in May, It's all about the averages ...
Some of us don't want averages, I want certainty, like 100% win rate. Just kidding. I am a retail newbie, still learning.
For certainty you need to be at the casino. You'll be certain the odds are against you majority of the time. Back at ya ... lol
Chances are against you all the time, and only the mind convinces us that this is not so and there are chances in our favor (or there is an appropriate time and place)
Largest May drop in 50 years ... https://www.marketwatch.com/story/d...a-trade-clash-2019-05-13?mod=mw_theo_homepage