UAL will declare bankrupcy soon. Past two days the trend of falling was crazy. Really good and really predictable.
But is trading such stocks really a thing to avoid the first second as bankrupcy becomes possible?
Lojze
Now I see.
Why didn't you choose ES instead of NQ - the trend was really predictable, wasn't it?
And before you get angry: I am learning Eminis right now, so I am gathering answers to my questions.
Lojze
The first 30 minutes of the day (9.30 - 10 a.m.) were allways considered really dangerous.
What do proprietary firms in general think about trading in the first 30 minutes?
And you fellow traders: Do you avoid the first 30 minutes in general or exploit totaly?
Lojze
Any good idea, why it is falling so much in last two days? I know, that ELX had bad results, but why BRCD fell so much? Pure sympathy?
Their Q2 report will come out soon, any ideas for direction?
Lojze
Who really understand yesterday's late afternoon and today's morning's selloff in strong stocks like CSCO?
Indexes really didn't go up so much...
Lojze