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Man, you're getting nutty by the day. Plus, you keep changing your target every time the market changes. Once the market tanks, will you lower your target then as well? :rolleyes:

If you went short VIX futures as soon as it crossed above 50, you would have lost over $30,000 per contract (in just 4 days) by the time it hit the top at 80.85. I would call that a disaster in the making.

Well, I ain't gonna give you any BS condescension. You are going get your ass up and keep fighting. And that's what we do, we fight in the trenches every day. As for your trading style, keep in mind you're a daytrader, not a swing or position trader. It's okay to swing for the fence once in a...

If wearing a mask works, why aren't they doing it? If everyone did just that from day 1 (like the South Korean counterpart), we probably wouldn't need to have this silly discussion. I mean how difficult is to wear a damn face mask? Such doting blockheads.

Dude, get real, I learned Fortran in the late 80s! But seriously, a lot of companies used COBOL in the 80s.

That's right.

I thought you went in with a solid trading plan. What exactly happened??

From the article: Powell reportedly indicated Thursday he “won’t hesitate” to move into other areas or adjust the loan programs as needed. “We are deploying these lending powers to an unprecedented extent, enabled in large part by the financial backing from Congress and the Treasury,” he said in...

Here's another news coming out of South Korea, supposedly on a brighter note: South Korean scientists map coronavirus genome, paving way for vaccine and better tests A team led by V. Narry Kim, one of the country’s most prominent researchers, has shed more light on the virus that causes...

Well, for the record, you also vehemently opposed me when I said the market would tank back in January. I'm afraid this will be strike 2 for you. :)

Forget 1929. I believe this is how we will end up in the long run: Japan, version 2. FYI Nikkei topped on 12/01/1989 and hasn't come close to the ATH since. That's 30 years and counting.

$5 is peanuts compared to how much they charged before the Internet. I guess you were just a baby back then. :D

As long as you strictly adhere to position size, it shouldn't be a problem. For instance, if you normally trade 10 lots, then you should not trade more than 10 (in aggregate) even if you were scaling in. It's when you trade more than normal you run into trouble. So don't bite more than you can...

With INFLATION, you need only raise the damn interest rate. But with STAGFLATION, you're pretty much screwed, especially when the interest rate is already at zero. That's what we'll be up against IMO.

I dig it. But I notice there are numbers associated to every post, which is found just beneath each post. The problem you listed could easily be solved should you reference it to the post number rather than to the page, no? Anyway, it's not a big deal. I thought this was something that you could...

Bernanke, Yellen, Powell...3 stooges of the same stripe. They're what traders fondly call "lagging indicators". They blindly follow where stock market goes. It's their only barometer.

MAJOR BREAKTHROUGH ON PUBLIC MONEY CREATION: THE BANK OF ENGLAND WILL DIRECTLY FINANCE GOVERNMENT CORONAVIRUS SPENDING April 9, 2020 by Hannah Dewhirst UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis...

Is that all that matters to the FED? To prop up the market? :rolleyes: Obviously, they wanted this going back 4 years ago. REUTERS / SEPTEMBER 29, 2016 / 4 YEARS AGO Yellen says Fed purchases of stocks, corporate bonds could help in a downturn CNBC / APRIL 6, 2020 / 3 DAYS AGO Yellen says the...

Don't trade Crude while trading S&P. Don't trade S&P while trading Gold. Don't trade Gold while trading the Treasury. You get my point? Stick to one thing. Otherwise, you'll just become a master of none. BTW if 2 or more instruments "moves in tandem" as you imply, why not stick to just one...

Do you know why 95% of the traders fail? There could be a myriad of reasons, but my own opinion is that they don't "specialize" until they become really good at it. This is especially true when it comes to futures. I encourage you to stick to 1 instrument until you can read its price behavior...