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Things are looking good so far for bears with futs way down as of 4:30am. I had rebought UVXY SQQQ. There's a saying, "sometimes you're the pigeon, other times you're the statue"

Not the cheap ones at the casinos, buyins are $300 or less. But yeah the wsop is 10k. Re sports Mavs by 3

We're all degens lol. Required for trading and sports betting. And poker. I used to play poker tournaments in Vegas for years, Bellagio, MGM, Cesar's, Venetian. Poker in the front.... : o I miss spearmint rhino

Uvxy downgap premkt.... market choppy af today, narrow range, I overtraded it for choppy stops. S&P didn't move up much today; that and red futs tells me we'd likely get selling tomorrow, hence my rebuy inverses.

Tru.. I bought 300 uvxy at the close and just bot 100ah. I'm on the fence re buying more, uvxy under 18-21 is a bargain, but it's volatile.

I lost alot holding inverses over the weekend. Futs down so I rebought 400 uvxy plus some sqqq etc

cant sleep, would b epic if SPY keeps dropping :)

dow futs 174 vs 220 earlier, hmm if we flat the open I'll be in a good mood, it's random... NQ 11948 now, 10:43pm... cmon turn red. Note to self stay small size/cash overnight, agree re daytrading

Right, I missed the Friday hammer... doh!

Thx re article.... right re cash is king into weekends usually. I didn't see the daily hammer Fri in S&P or I'd have been mostly flat vs short. At least I know how to trade bear market rallies. .. eg fade on day 3, Wednesday. One thing I learned, and it holds most of the time, is don't...

Unless futs flip red, I'm gonna be in trouble tomorrow morning, went somewhat heavy inverses Fri. (24k worth). I'm up 4k the last 2 weeks, will prolly fck me 1k or more in the am. Grr bad bear sigh... I hate giving back profits. Part of the game. Anyone else, eg puts/shorts/inverses...

main reason i don't show nets, or make performance claims, is i don't want to run afoul of ftc regs re "income claims", which is a no-no for educators... carefully read thru recent enforcement actions here...

I sell courses and live room memberships, as I have for 20+ years. I like to leverage what I know. :D

No, most traders lose. It's very hard.

True. My most profitable year I had just 28% win rate. 72/100 trades were stops. If I take 100 $1 stops and get 30 $5 wins I'm profitable.

If you were watching a trend for 20 minutes before entering, that's way too late. 3-4 minutes of green one-minute candles is plenty. I do up to 110 trades daily and started daytrading in the late 90s. Win percentage is irrelevant, all that matters is net profit.

People need to sell stocks to cover much higher costs due to inflation. Stagflation and recession will continue to pressure markets. I expect a 3day potential bear market rally, followed by epic selloff next week. Markets are going to crash.

I held a series of hourlong trading "how-to" sessions recently, they were popular with my traders. Now they can be ordered for just $97 each; includes live trading room access through end of May: Click for info: https://trademastery.com/vault Best part is, they're advanced and based on my...

good trading...

Biden has canceled/ŕestricted leases here, killed the pipeline etc https://www.forbes.com/sites/davidblackmon/2021/01/26/biden-wastes-no-time-expanding-his-assault-on-the-oil-and-gas-industry/