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Not much up for the rest of the day to be clear. I was waiting all afternoon, too afraid to step in that long.

I took it, happy I did. That is exactly why I trade MES, half size or often smaller makes shots like this much easier. And since I still have a lot to learn I try to make myself as comfortable as possible.

Only problem B1: you called a bottom every single day since 3400. It kinda doesn't count in that case. Remember all the floors being constructed? I don't want to hate, just saying that people following this journal will not see your calls as calls anymore. Because they are always the same, not...

They might agree to cut back a bit, but probably much less than what Trump was tweeting. So market went up on Trump's numbers, looks plausible anything less than that will send price back down.

I don't want to scare you, and I am no expert at all so if the oil experts here could shed their light on this that would be great. You mention that it would hurt you if the contracts went below 28, or did I misunderstand? Prices went up a lot after Trump's tweet. What if he is wrong and there...

A close friend of mine that is an expert on oil (trader for an oil company) also says 10 to 15 million barrels less is not very likely. Apparently lowering production on mature oil fields is nearly impossible and smaller producers will keep on producing to cash their hedges.

I must say I am impressed with your patience here southall, you are a way better person than I am. Keep up the good work.

OK, you lost me there. Are you talking about registration vs the exact time of infection? Although that statement is correct, you can only see that once the registrations go down. Otherwise you are guessing. In the same logic one could argue bottom is in and we are in a bull market again. :D

I am not sure how you come to that conclusions since UK just had a record of new cases. For me the peak being well behind means a country is getting consistently less and less new cases each day for a week. UK is NOT there yet as far as I can see.

I am surprised to hear you claim the peak on the virus is behind in the UK S1B2. Below are the daily increases for infections. Spain and Italy probably are in the peak or just over it if they can keep up the measures. UK is not there yet I would say. Also: since people in hospital/IC lags...

Ah ok, sorry, now I understand. Thanks for explaining.

How come Spooz? Do you trade dozens of contracts maybe? 5 or 10 should be possible without a tick slippage as far as I see? Does it depend on broker maybe?

Why do you keep using that same completely wrong logic where you use numbers: A) from countries/areas that went into a strict lock-down B) that are still rising everyday To extrapolate to US as an argument measures are useless and maximum 200k people can die? Probably your 145 IQ that can't...

Are you seriously using data from countries where there is a very strict lock-down to extrapolate this to the US and use the result to defend there should not be a lock-down? Talking about logic.... As I said before it is simple dozu: without measures the hospitals will be flooded and lots of...

What is it about the post you don't believe? The numbers are known from other countries and getting more reliable over time, rest is just basic math.

Thanks Southall, this is one of the clearest overviews I have seen. A lot of people are blinded by the low % of deaths and fail to understand even those low %'s mean hospitals (IC) will be full and more people than necessary will die.

You are doing great sstheo. 50 days and especially in very different market conditions says something. It says that you should be making more than a comfortable wage soon if you just keep doing what you are doing. The only thing that worries me a bit is your low number of losing days. It...

If you are talking to me: I have no interest in wrestling pigs. Only reason I replied to your post is to show new people here that you just shout "LONG" every minute of every day so they can form a better opinion on your calls. Quite funny how you posted that exactly on the top of today's rally...

Interesting spot here, no idea which direction is more likely at the moment.

You made the post above in february, I don't see your point referring to 2016 here. Reason I want to call you out is so people new to investing/trading don't actually take your advice. I am not saying it is impossible for the markets to recover, but at this moment it is at least unlikely it will...