I disagree here. Sure always saying buy the dip is not good, but telling regular retail to short stock is REALLY not a good idea. They will lose money doing this. Even if they timed the short correctly and initially made money, guaranteed they will lose in the long run shorting. Shorting is an incredibly hard game and really should be left to the professionals. When family/friends ask me, I say sell some and put it in something safe if you think the market is going to go down. DO NOT short or buy inverse ETFs. Quick way to get even more rekt than you already are!
Because the media are controlled by the elites. They want the gravy train to continue moving. Shorting the market hurts their interest. It's really that simple.
There is no such thing as safe stock in the market in the short term. or for that matter in the long term. However, The stock market has been a great investment in the past 50 years. Will it continue it is your guess. After the 1929 crash the market as a whole did not recover till the early 1950's.
You had good intentions the day you said you were going to start trading oil future and that happened to be the blow off top.
? I commented how I didn't find that many long trades and I also made money on the few longs I did take It went up over 3% that night after I talked about it. You're distorting things a little. Not to mention I am an intra-day trader and have made that very clear. I am sorry that if you have a view that means you stick with it despite everything and lose on your trade. I am not quite that dumb. I still look for good setups and have risk-reward. I don't just throw on an oil long and say "hope my view works". Have a great evening.
You posted that on 03/04/2022. Do you realize USO made another $7.00 higher move after this date? So OIL made an 8.75% move up after I had talked about it. Nice job distorting things man. You're a true genuine guy.
My view? I didn’t convey my view. I would never listen to a rambler like you. All I was stating is the day you started trading CL was the top. In other words, you thought you were helping but the truth is you were a fade.
I stated my opinion and what I was going to do very clearly. If that was a good fade signal to you great, but most of the information I have given has been way more correct than incorrect, so good luck finding consistency fading me. Conveying things over text / form is what it is. It's a very slow format and inefficient for day trading futures(which I again made very clear I day trade). I've offered to trade live with people before via voice and etc if they are serious about trading or collaborating. Come on man, do I really have to go find the post of how I even stated that it made a big move up over night already and I hope they leave me some intra-day? You take a comment I made and market went down when I wasn't even trading. A lot of the drop happened before 9:30 am. Let me ask you this: So, if you don't count the 3% up directly after my comments and you don't count the 8.75% higher overall since my comments, why would you count a drop that happened majority over night, when you know I am an intra-day trader? I wasn't even online for the drop to hurt me. Again have a great evening.
SPX up 2% today and Ken's calling it a "Bear Market Crash". As I've said all along, it's a mixed market and the only significant NA weakness is lower tier IT. SPX has rallied off support 4 or 5 times now and pretty much every time Ken or some of the usual crew on here talking about shorting the morning open.