Sounds like someone missed out Don't worry. Market opportunities are endless. No need to get triggered. Then again, it's not hard to see why you get fired up so easy being wrong since basically forever. P.S. My prediction is the opposite of whatever yours is. $$$
There is no way this market ends the year higher than here. A big drop will come, the key is timing entries based on price action, as always.
Why not just trade price action like I've seen you say numerous times? This business of thinking the market "has to do" something is how many go broke.
I took my biggest short on Feb21. My macro thread. https://www.elitetrader.com/et/threads/election-theme.340755/#post-5019505
True, so now I am trading both long and inverses as a hedge. Goal is to scale into the winner. eg i'm in tiny size roughly $1400 each worth of long etfs SPXL/TNA vs inverses lmk any suggestions? thx fwiw these small initial positions mainly serve as bookmarks, reminders of what to trade so i don't forget This frothy bubble will burst at some point. Global pandemic, low consumer confidence, millions unemployed, riots, China trade conflict, bankruptcies, how much more can the market go up.
Keep thinking this sustainable. This market has never in its history seen a run up of this magnitude. 42% jump in 50 trading days and everyone thinks this can just keep going and going. I mean how much more can you squeeze out of a market. How come its easy to scream and call out stocks that are oversold but never ever stocks being extremely overbought ..... Dow Jones 27,273.0 DERIVED 19:57:01 | Futures +201.0 +0.74% S&P 500 3,209.38 DERIVED 19:57:01 | Futures +22.63 +0.71% Nasdaq 9,874.38 DERIVED 19:57:01 | Futures +65.88 +0.67% SmallCap 2000 1,523.65 DERIVED 19:57:03 | Futures +21.05 +1.40%
Did I say that it did? No. I don't predict - I react. I'm afraid there's no hope for you. Your bearish obsession has broken your mind. Honestly I'm glad for you that you have a 401 that forces you to be long if you want to make money. Otherwise I can't help but think you were broke years ago in any allocation towards the financial markets. Don't quit your day-job.