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    What's your theory on where oil price is heading?

    2 years is enough to wipe out all US shale producers.
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    Is it dangerous to be completely out of the market

    As a daytrader, we only care about the minute to minute or hours fluctuations. As an investors, it's a different story.
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    Is it dangerous to be completely out of the market

    If you shorted and made money then of course it makes sense. If someone long and made money then it's something else.
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    Is it dangerous to be completely out of the market

    I consistently LONG during this market! Both on individual stocks and on QQQs. Making money going long. I didn't short in this total bear disastrous move. I probably would have made more going SHORT.
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    Is it dangerous to be completely out of the market

    This is the reason I don't post on YouTube with all these fake furus who get excited over make a few hundred bucks and have followers to milk them. And when you do make decent $ people think otherwise. Why waste mental capital on it? I just trade. I'm still relatively conservative on my risk. I...
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    this is a bear market for 10 years.

    Maybe. But there will be tons of opportunities to go long and short during this "bear" market. Take advantage. Fortunes will be lost. Fortunes will be made.
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    Is it dangerous to be completely out of the market

    If you know how to trade, then this is the best market ever! Tons of great opportunities every day to bank it. If you don't know how to trade and manage risk, then the risk of a blow up is very high.
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    If this is Armageddon why are Chinese stocks only 12% off this year's highs?

    Wow. That's a nasty drop to be in a swing trade. But if that's your cup of coffee then good. BTW, GC was and is my worse trades! Except for that one time in the beginning! Fck I hate it! I daytrade every single day for a few hours in the morning now. That's my P&L for the day. So everyday I...
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    If this is Armageddon why are Chinese stocks only 12% off this year's highs?

    Good for you! Cutting losses is the MOST important principle in trading! I'm not much of a swing trader. I'm just good at daytrading. You got some balls doing swing trading in this environment. Made $2762.58. Grateful that I finally learned to trade after spending thousands of hours & many...
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    If this is Armageddon why are Chinese stocks only 12% off this year's highs?

    Don't tell you are still long some MNQ from the ATH? You've gotten out by now I hope or even a long time ago right?
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    How low will stocks go? Apple ?

    No one knows. Who cares. This market has so many juicy and good trading opportunities everyday. Fortunes are lost. But fortunes will be made to those who know how to trade.
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    Is trading harder under current volatility or normal market conditions?

    I had a very solid P&L in Feb. March continue to be good. I've also made some big mistakes but because of the volatility I was able to recover and be green. Having said that, It's NOT an easy market to trade! If you are a novice, then trade small and be super tight on risk management. Risk of...
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    It’s officially a bear market, as major indices dive another 5%

    You guys think QQQs will close above $186 by end of month? It looks like on the monthly chart that $174 is the long-term support. Just curious. If it breaks $174 then it's really bad.... It might dip slightly below then it should bounce back up. If not then forget about it. It's over.
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    CME Group to close Chicago trading floor as a precaution due to coronavirus

    If it doesn't rally tonight then I'll get out...
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    CME Group to close Chicago trading floor as a precaution due to coronavirus

    I bought this super dip with MNQs..
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    CME Group to close Chicago trading floor as a precaution due to coronavirus

    NQ down -4%. When does the halt trigger kicks in?
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    CME Group to close Chicago trading floor as a precaution due to coronavirus

    But all the electronic exchanges are still trading. Globex , NYMEX, etc. are still trading. ============================================== https://www.cnbc.com/2020/03/11/cme-group-will-close-chicago-trading-floor-as-a-precaution-over-coronavirus.html CME Group announced Wednesday night it...
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    NQ jumping around, is it IB feed?

    Yesterday at the open, the spread on NQ was 20pts! and jumping around. crazy
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    Tax relief measures just because stock market is down. Enough of this foolishness!!!!!

    These government people are wasting all their bullets on the first inning. The market drops 10% from ATH(!!!) and they have an emergency 50bp cut. Then the market dumps on them to new lows. Now they announced a fiscal package the market rallies then dumps on them. What bullets will they have...
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    DOW futures down 800

    of course, CL came back a lot after hours after I took a big hit on it and UWT. I got out at 1.47 before it crashed to 1.10. Afterhours, it's now 1.22. It was still the right decision to exit UWT at 1.47. Should have exited at 1.85 when I had the chance.
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