Discussion in 'Trading' started by volente_00, Apr 16, 2019.
Polenta's trading threads never run out of the cashish. He's still "short" from 2813 brah.
I agree with that.
Good points; not the longs exit unless you got in late. I did a TQQQ exit but i got in late; + they pay no dividends.
Main problem for the longs/uptrenders traders is summer rally tends to be weakest /SEPT selloff. Most investors would have a profit built up+ so a sell in May/way may not even trigger many stops-depends really on when they got in + selling plan.............................,
I've checked your numbers and you're good.
Posts like this make me laugh out loud. Thanks for the levity, B1
Congrats! You've reached the rarified air of the Home Depot Brothers and the Hawaiian ukulele player/pizza delivery guy.
Now, back to business...
1. Start "index topped" thread
2. Lose 100 points
3. Start "index topped" thread
4. Lose 100 points
5. Rinse, repeat
Gimbal angles and all tell the story.
India Nifty Index has already broke its record high.
Why bother - considering you said essentially the same things 100 + points lower?
It would make it at least a bit more interesting if you said why you think the market is topping here. 9% down takes us to around 2640 on current ES levels.
Being this close to all-time highs and no seeming catalyst for a sell - isn't it just as likely that we'll see a test of the high from September/October?
Regardless - I think a top worth trading will present a good sell signal. Here's what happened the last two times the market experienced 'selling':
Separate names with a comma.