Trading a Bear Market Crash: newbs are fkd, Why don't talking heads help?

Discussion in 'Trading' started by KCalhoun, Mar 15, 2022.

  1. If a $1200 loss is getting “rekt” you are trading way too big for your account size.

    I realize you overbought but even if you lost $600 that sounds like a large loss for you.
    Meanwhile it was only a .60 move on a $44 stock.

    Cut your size or you will be long gone before you figure things out.

    Good luck
     
    #41     Mar 16, 2022

  2. I've already got orders in at ES 800, 400 and 100. Not going to miss out on those fire sale prices. It will be the buy of my lifetime.
     
    #42     Mar 16, 2022
    murray t turtle likes this.
  3. vanzandt

    vanzandt

    NFT that post.
     
    #43     Mar 16, 2022
  4. KGTrader4

    KGTrader4

    Yeah I realize that. I’m honestly just screwing around, I haven’t started serious trading yet, still formulating how I want to approach, and what my rules will be. When I feel like I have a strategy, I’ll fund the account with, probably $50k, and won’t be trading that kind of size.

    I used the word rest, just because it fit the narrative of the thread. The $1200 wasn’t a big deal
     
    #44     Mar 16, 2022
    Clubber Lang likes this.
  5. LOL\
    the elephants [figure of speech]were going lon+ stong also.............................................................................................................................................../dont know what they will do @ close , that'$ 3;00 CST/LOL:caution::caution:
     
    #45     Mar 17, 2022
  6. MKTrader

    MKTrader

    Are you still short? From what levels?
     
    #46     Mar 17, 2022
  7. Nine_Ender

    Nine_Ender

    Some of these threads Ken puts up are so badly timed they are funny.
     
    #47     Mar 17, 2022
  8. Nine_Ender

    Nine_Ender

    Meanwhile, the TSX ( Canada ) hit a new ATH close yesterday. SPX was up 5.9% off an obvious bottom setup a few days ago and isn't down at all since Jan 27th.
     
    Last edited: Mar 18, 2022
    #48     Mar 18, 2022
  9. true; but retarded hazing rituals and watching people get destroyed when it's unnecessary smacks of sadism.
     
    #49     Mar 19, 2022
  10. Wide Tailz

    Wide Tailz

    If this is actually a serious post and not troll bait, you already know the answer if you have lived through a few bear markets already. It is how the livestock are harvested. All that stuff in the public domain is there for a reason, and it aint charity.....
     
    #50     Mar 21, 2022
    KCalhoun likes this.