Time To Feel The Pain

Discussion in 'Trading' started by Ayn Rand, Oct 14, 2018.

  1. Ayn Rand

    Ayn Rand

    I am all in on a market decline. Not a big deal. Working off a big position going short.
     
  2. Ayn Rand

    Ayn Rand

    More precise I am short GS who reports on Tues big time. Combo - market + earmings.
    Going down.
     
  3. Robert Morse

    Robert Morse Sponsor

    As a general question, do you make money overall betting on earning?
     
  4. MarkBrown

    MarkBrown

    simple math will save you always.
     
  5. tommcginnis

    tommcginnis

    Good luck.
    This Saudi business (or better, this Turkey/USA/Saud business) has me worried.
    Such a short-term trade as you're describing would have me up late. :confused:
    (We're down 0.30% at 21:45ET -- I'd feel better if we were down more, and flattened or climbed towards Monday open. I'd rather get the drop wringing out the weak hands over early, and let's climb towards Monday close. [Barring additional BS* from any of the three.])

    "Fingers crossed." (Which would not be the motto I'd want my trader/CTA to put forward...)

    *Not that disposing of your enemies with a bone saw is "BS".....:wtf:
     
    Last edited: Oct 14, 2018
    bullmarket79 likes this.
  6. Cuddles

    Cuddles

    long oil?
     
  7. themickey

    themickey

    Nup
     
  8. Cuddles

    Cuddles

    why not?
     
  9. themickey

    themickey

    Too early, react, not predict.
     
  10. tommcginnis

    tommcginnis

    Yeahhhh, looks like a hard day to be short.
    The last time I looked was at 4:45-ish ET, and the market had bottomed, so I felt a tad better for the OP's market short. I thought the day might open flatter, and then start up with Euro-close. (And *not* with the Euro-OPEN, which is what appears to have happened. OUCH.)

    At any event, the current discussion of "If the Republicans lose the House.... If the Republicans lose the Senate...." This spells some coming BIG swings -- especially down (until the smart money remembers that the economcy tends to do better with split USA party control.)

    God Bless Us, Every One. (said market maven Tiny Tim...)
     
    #10     Oct 15, 2018