ES Journal - 2019/2020

[Sekiyo]

Long 1MES 2861
Target 76-84

 

[hafez50]

WTF? Do traders everywhere have the memory of goldfish?

"This market just refuses to crater".

Didn't we crater, most recently, in Q4 2018, and now in the past two months, Q1 2020? A 35% drop is not a cratering?

Guys, what would it take y'all to consider a market cratering? Dropping 50% and staying there for a decade? Jeez!

How about after an 11 yr super bull you fall 35% and maybe pretty please stay down a few months not 5 weeks later you erased 65% of the drop

 

[Sekiyo]

How about after an 11 yr super bull you fall 35% and maybe pretty please stay down a few months not 5 weeks later you erased 65% of the drop

Helicopter money won’t work forever.
One day is going to be doom’s day.

 

[Sekiyo]

Long 1MES 2861
Target 76-84

Short 2MES @ 72 ... (68+76)

 

[syswizard]

Helicopter money won’t work forever.
One day is going to be doom’s day.

Exactly. Once systemic bankruptcy's start, it's going to be unstoppable....even with the Fed's support.

 

[Sekiyo]

We’re making Head and Shoulders on 1 and 5 mins

 

[tiddlywinks]

How about after an 11 yr super bull you fall 35% and maybe pretty please stay down a few months not 5 weeks later you erased 65% of the drop

Why?

Monetarily it doesn't matter... Margin is uniform whether you go long or you go short no matter what the entry price or spread.

Soooo, what difference does it make how long the market "stays down"? Actually, it might be helpful if you define what "stay down" even means. According to you, "65% of the drop" has been erased. That means the market is down 35%.

I'm with Overnight... jeez!

 

[hafez50]

Helicopter money won’t work forever.
One day is going to be doom’s day.

Whens that one day? I've been hearing that for 20 yrs? lol. Unless you can time it you can't profit

 

[Sekiyo]

Whens that one day? I've been hearing that for 20 yrs? lol. Unless you can time it you can't profit

Quant easing isn’t 20y old
Buy OTM put no need to time.

 

[hafez50]

Why?

Monetarily it doesn't matter... Margin is uniform whether you go long or you go short no matter what the entry price or spread.

Soooo, what difference does it make how long the market "stays down"? Actually, it might be helpful if you define what "stay down" even means. According to you, "65% of the drop" has been erased. That means the market is down 35%.

I'm with Overnight... jeez!

65% of the total 35% drop has been erased. We made back 2/3rd's of the total loss. Why the amount of time we stayed down matters greatly is simple. It means few felt any real pain. By that i mean if we stayed down 1-2 yr's it means many people will have to take real loses and feel real pain. Few people felt real pain because just like 90% of the time we bounced back in 1-2 months .Risk assets that yield 10% a yr like buying the index have had little to no risk for decades as we always bounce back quick. One day we'll stay down for along time and test peoples "love" for stocks. lets see if they love them if there down for yrs