Search results

I am!!! Maybe not holding the oil futures. But definitely the MESM20. Thanks for the reminder of Good Friday.

Check your PMs

GDP doesn't affect market prices as much as some may think because by the time it's released everybody already knows the info.

World events affect prices way more than technical indicators. Even if it goes down short-term, it's the beginning of the end for the virus. At this point, I don't believe the death figures of 100k-240k in the USA will happen.

That's true. But I don't see it happening. And if it does, then my prediction was wrong so I lost money.

People are way too focused on what happens in a single day. Look at the bigger picture. All kinds of random shit can happen on shorter timeframes.

$14.5k is nothing compared to the $49k I had in the oil futures.

If it's not where I want it to be by June, can't I just sell June and buy December at that point?

Unknown reason? It has clearly been shown that lockdown will slow the spread in a few weeks time. We're now finally starting to see Italy come out of it. Spain doing better as well. Lockdowns are the only reason that the entire USA doesn't become like NYC.

And where the FUCK do you think stocks are gonna be in August?

Damn this guy's super tough.

Any reasoning though? There is a clear light at the end of the tunnel by looking at Italy.

I'm looking longer-term. I factored in potential short-term drops.

I have no more margin. I put it all in MESM20

I don't think it's up to Trump.

The fact that it's super obvious that stock indices will rise after the virus scare has passed. And all other things you can associate with that.

I have 2

But how do you know the bottom? And how to know when it will next go down 5% and you'll lose your profits.

Looking at Italy's virus numbers... I think a bull is very likely from here out.

Gloat about what?