Why I faded Fridays close.. again

Discussion in 'Trading' started by KCalhoun, Oct 22, 2022.

  1. Sekiyo

    Sekiyo

    We need to see if bad news can tank this market further.

    On Friday we had a positive rumor followed by a nice move. Buy the rumor, sell the news maybe.
    Let’s see.

    I think bad news can tank this market further …
    Therefore there’s room for more downside.
     
    #31     Oct 23, 2022
  2. Sekiyo

    Sekiyo

    They got destroyed lately (6/11)
    Maybe I missed some …

    B1CAED8F-FD07-4CBF-9D84-B294DAA0B42B.jpeg
     
    #32     Oct 23, 2022
  3. KCalhoun

    KCalhoun

    Main reason for a fade is s&p is still in a downtrend. Right dest re fading eoweek high usually not good idea.... but mkt seems rich in a downtrend. And exactly overnight re inverse good price, just bot light 1k uvxy. Risk on downgap just a few hundred. Numbers add up.

    Rem usually inverse downgaps fill by 10am. And like Friday if it's a strong long Monday I'm trading soxl heavy
     
    #33     Oct 23, 2022

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    #34     Oct 23, 2022
  5. KCalhoun

    KCalhoun

    Futs weakening, red by dawn. :D
     
    #35     Oct 23, 2022
  6. Overnight

    Overnight

    Yes sir. It's as bold a prediction as Rickshaw and eqtrdr going on and on about the overnight drift. You really do not know what the hell you are doing, do you? You are just guessing into a huge earning week, and are hoping it works out for you. That is not a smart strategy. Please post to us your losses if they occur. Thank you.

    I am SICK and tired of people who post only wins, but not LOSSES!
     
    #36     Oct 23, 2022
  7. KCalhoun

    KCalhoun

    #37     Oct 23, 2022
  8. Overnight

    Overnight

    No idea what you are linking to, aside from an explanation of the trading room I used to attend, and how Emmett Moore tried to shit-talk it.

    *shrugs*
     
    #38     Oct 23, 2022
  9. KCalhoun

    KCalhoun

    Screenshot_20221023-211018_Chrome.jpg
     
    #39     Oct 23, 2022
  10. Overnight

    Overnight

    And...What? You did not post your losses. Saying you lost is not the same thing as posting your losses. I don't understand this thread any longer. I am too stupid to engage with it apparently, for my understanding of posting losses and your understanding of posting losses are worlds apart.
     
    #40     Oct 23, 2022