So far @dozu888 has been nailing this market with his "just keep buying the QQQs" technique. How are your puts doing?
Still got a bigger account then you, even with my losses of 2019 and much younger then you Your dinner was salty tonight ?
what's the point... $5-10m isn't even that big... anybody who has caught a decent piece of the China/Bay area/Vancouver real estate run could easily gather that with a small handful of apartments. I tell ya - short term traders are mostly fairly low on the net worth... if you get involved in real estate.... them landlords are really the people with the mega dough!
Bingo ! The Fed dominates , keep your eye on the Fed. When I followed the other noise ( the game ) I have lost money, the tsunami tide of the Fed drowns all other noise, ride the wave.
Lol, you are the only buffoon here. Relax and take a deep breath. Enjoy your weekend. Nothing is gonna crash on Monday. Next time, if you can't take the heat then don't hold positions over the weekend. Or perhaps posting less might help you focus more on your trading. Your misread of this news is almost epic.
Why the YM of all things? Look at today. S&P up 0.75%, QQQ up over 1%, small-caps up strong, Dow only up 0.19%. The Dow isn't where things are moving...it's almost like Consumer Staples or something.
You should really stop trading perhaps. Warms your heart? Feel comfortable? Feelings? Perhaps consider a career in inner city outreach, pal.
Yep. Rule 1: Don't get emotional Rule 2: Don't let your politics interfere with your trading (coming from someone who couldn't stand Obama) Rule 3: There's no such thing as the Fight Club (maybe that's from the wrong list...)
Not sure about that. Most indexes are already up 20%+, and we still have the most seasonally positive months to go (late October to Santa Rally--yeah, didn't happen last year, but historically up 5-10% in that time frame). Maybe it will be a 30%+ year like 2013, but those are rare. I wouldn't mind a mini-meltdown buying opportunity between August to early Oct (a time the market often falls).