DOW futures down 800

[SunTrader]

We all do it, 10 good trades, get greedy, don't want it to stop, try too hard then blow all the gains in 1 trade and more

Only money, only blow it on hookers anyway if you've got any sense

“Was I in here last night and did I spend a $20 bill? Oh, thank goodness... I thought I'd lost it.”
― W. C. Fields

Meanwhile counter trend trading will burn you more often than not.

 

[KCalhoun]

In a speculative mood, I bought a little XOP OXY just now aftermarket in case crude bounces later in week #catchfallingknife

 

[Turveyd]

DOW +900 here, CRAZY damn times!!!

Must of liked the Trumpy all will be great speach or the hope he's got it

 

[SunTrader]

DOW +900 here, CRAZY damn times!!!

Must of liked the Trumpy all will be great speach or the hope he's got it

Panicked weak shorts. It will likely be short lived.

 

[Turveyd]

Panicked weak shorts. It will likely be short lived.

And stupid bulls buying the bottom.

The News is bad and will only get worse for the time being, news drives the markets, all up moves should be viewed as shorting Op's and only really bad down days for Dead Cat bounces then don't marry them.

800pts looks so small, nice little move!

 

[Same Lazy Element]

I am trading this market and even before the Corona Virus. If I do not see any trade I like, I do not do anything. Nobody is forcing you to trade. Most traders have the tendency to overtrade. I cut my number of trades and accuracy has gone up. Agree with Dozu888, lots of chicken littles on the ET boards. Most do not even trade the stockmarket. A lot of the ET trolls just spread disinformation, left and right daily. Why the hell would you even listen to an ET troll anyway?

I think you misunderstood me, I was not asking for a trade. It was a general question about the market sentiment from the perspective of an ordinary investor. It is very easy to get caught up in the intricate details of whatever trade you do and forget that the stock market is primarily intended for investing in companies.

Anyway, I hope nobody would blindly listen to an advice of a stranger on the internet. However, we are here for fun and questions like "for choice, would you be long or short?" make for good entertainment.

PS. For what it's worth, trading and investing are not mutually exclusive - for example, while I manage a portfolio of derivative strategies for a living, I also have a personal investment account which is completely passive.

 

[trader99]

We all do it, 10 good trades, get greedy, don't want it to stop, try too hard then blow all the gains in 1 trade and more

Only money, only blow it on hookers anyway if you've got any sense

of course, CL came back a lot after hours after I took a big hit on it and UWT. I got out at 1.47 before it crashed to 1.10. Afterhours, it's now 1.22. It was still the right decision to exit UWT at 1.47. Should have exited at 1.85 when I had the chance.

 

[murray t turtle]

Panicked weak shorts. It will likely be short lived.

%%
LOL;
some maybe not a panic seller, but helping specialist /market maker with a a market order/exit/profit LOL. Fair enough =may use limit orders for entry..............................................

 

[The Humble Bunch]

I don´t think that Russia and Saudi Arabia can afford this mess. Watch for US interventions soon enough and uncle Trump pick up the telephone and call MBS....

Russia is trying to get back at U.S sanctions imposed on russia's largest gas and oil company back in 2014. They are trying to hurt U.S. shell companies. They will always get the last laugh.

 

[SunTrader]

Russia is trying to get back at U.S sanctions imposed on russia's largest gas and oil company back in 2014. They are trying to hurt U.S. shell companies. They will always get the last laugh.

They will, will they.

BTW it is shale, not shell.