Whats with the mini crash today?

Discussion in 'Trading' started by Cuddles, Feb 20, 2020.

  1. schizo

    schizo

    LOL...What, at the age of 10? I'm pretty sure you're no more than 30.
     
    #71     Feb 20, 2020
  2. TommyR

    TommyR

    one of the things i always do which i find is very important. so if someone say oh edz20 is not the discount rate they use on december eurusd options. why not though its very very important you understand. you are never going to play for real madrid if you are not expert at very basic skills. you cannot get around that.
     
    #72     Feb 20, 2020
  3. dozu888

    dozu888

    thank you for giving me such a young age.
     
    #73     Feb 20, 2020
  4. Sekiyo

    Sekiyo

    I’ve heard Markets move in cycles.

    17B68858-BA2D-4AFF-92DA-502CC8E8674F.jpeg
     
    #74     Feb 20, 2020
  5. ironchef

    ironchef

    Something to do with tensor? o_O
     
    #75     Feb 20, 2020
  6. ironchef

    ironchef

    Didn't you read the poll? Bernie is leading.
     
    #76     Feb 20, 2020
  7. ironchef

    ironchef

    This US stock market super cycle started a hundred years ago.
     
    #77     Feb 20, 2020
    zdave83 and padutrader like this.
  8. padutrader

    padutrader

    expected...the weekly and monthly are strong....too strong maybe pulled up to entice the fence sitters to enter and sell to them CALL.png
     
    #78     Feb 20, 2020
  9. padutrader

    padutrader

    true
    but no one gets rich in 2 months.
    buy and hold for 6-24 months
    agree
     
    #79     Feb 20, 2020
  10. dozu888

    dozu888

    true... although we don't live that long... I am referring to cycles that can change your financial life..

    like if you know about the Chinese real estate market, made how many people set for life.... a cycle of 20+ years.

    here we have one and folks just don't have it in them to go YOLO mortgage...

    it's understandable... if you didn't buy qqq at 50 or 100 or 150, how stupid you feel if you mortgage now... let me tell you folks you will feel more stupid when it gets to 400, but it's STILL better than looking at it going to 600.

    that's how supercycle works... a cycle leaves most people WAY in the dust.

    the Chinese RE cycle is unique in that MANY people in prime markets actually benefit because housing is a necessity... and there are also benefits from 'working units' where people get condos assigned to them, that is not even counting the speculators who made it huge.... I caught a small piece, a $25k buy turned into 1m today... pure luck.

    stock market is more challenging, maybe some people have 401k at work and have some allocation, but it's too easy to go in and out..... the 'liquidity' of the stock market is the worst f'cking enemy.... you folks know exactly what I am talking about, elite traders, your best performing account is your 401k account with blind contribution every month.... and you 'trading account' has been performing like shit.

    here we are in the middle of a super cycle.... why don't people see it?

    call the f'cking bank tomorrow.... otherwise, decades from now and with your grandson on your lap and he be asking 'grandpa where were you during the great super cycle?'..

    and you be saying - 'sigh, I was shoveling shit, in Louisiana' - General George Patton.
     
    #80     Feb 20, 2020