i always start 2 positions at least, 1 of them I sell early, to make a profit, then i move stop to breakeven. When the trade goes against me instead of breakeven i have still won. I don't add to winners, except for Forex in a clear trend move.
the average of Tasty work clients returns compared to sp500 returns. There is a statistic that says how many veterans (8 years+ of exp. in options trading) go out of the options game every year and damn, it's high.
the big outfits OWN the government, i mean literally, they fund both of the parties, they have lobbyists, who ever gets elected already is in debt to them.
thanks for the insights. I am considering becoming data scientists so I really love your approach to this.
Can I ask 1 more question?
Does your model rely on economic data or market data or both combined?
MES shows a double top. Right at the floor pivot for Bears Resistance. Also: Market is overbought, today new jobless numbers come out, expect a wild riskoff play.
I just checked the pivots and we just hit the monthly PP (floor pivots) right now, as volatility decreases.
Also, given that tomorrow the new jobless numbers come out (look at the candle of the last one Thursday last week), it looks like setting up for a perfect storm.
Anybody else having...
You are closing out 3 probabilities that are severe
What if the virus mutates heavily once its spreaded enough oftwn
What if the virus does long term irreversible damage to the lungs?
What if we had a quicktest by end of summer that allows to save 30 or more percent from ever getting infected?
I personally think we might have the worst damage over by mid summer, but the recovering might be slow to non existant. Therefore your best chance is to play on more downside until fall or winter and sideways thereafter in anything that is real estate related. Mainly because selling might occur...