I am short S&P500 from here.
Very large position.
Stop above the highs 1685.
Targets around 1200-1300 for now. Likely lower and i "read price" along the way.
Yes i can prove it.
Why would it not make any sense? In your mind perhaps.
I am already trading it but i don´t have tons of money.
If i had i know what i would do.
Not everyone is into hft.
What do you do when you have no fancy CV to brag with but you understand the market and can forecast where it will be going over the next few years?
Learning short term analysis as well.
It seems CV is everything that counts.
The recruiters in the middle need it or they reason they take a...
The market will likely go down from here. We could continue slowly upwards untill August but the risk down is alot higher.
It´s short term cycles fighting with longer term ones.
Looking to buy puts very soon.
There are many ways to trade but trading without stops is not one of them. Anyone who claims that does not have much experience.
Stops ARE a necessary evil.
Short time it might fool some into consuming more but the move down will cause more harm than the benefits from the upmove. But it´s all about kicking the can it seems.
Thanks! That is scary stuff! No smoke without fire. I would not be surprised to see a crasch in the stock market with the weak volume in this overlapping move since August.