No I didn’t miss the move to 500. Got today wrong obviously. As bullish as I am I know there’s an April 4th or April 15th coming one of these days.Miss the move? Better to miss a tiny pullback than stepping in front of the freight train which was my point. If there's a substantial pullback or correction - there will be more than enough time to capitalize on it. And if it's just a pullback, well, be ready to re-enter long.
Let's see what tomorrow brings. Overconfidence is lethal in this game. Best to stay humble.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
You see, that is the BS of you. You believe in nothing but the unstoppable market long, but will cash-out on your put hedging.
So while you spew your BULLSHIT about how unstoppable this market is, you do not tell your readers that they should hedge against it, in case you ARE WRONG.
You are the worst commentator ever, and should be banned from this place, because you are causing people to lose money.
I'm serious!
You are a "do-as-I-say but not as-I-do"-type person.
Haha what in the world? Utter nonsense, but I wouldn’t expect anything less from you.
it was an idea for a brief 2 day trade. Only cause of the 500 price level affect. I am not hedging anything. This market is till risk free and that will never change. Yeah it could pull an April 4th again, but it will never be sustained so I don’t know what your point is. Everyone knows that this market is never going down long term. Only clowns like you and some others actually believe that there will be some kinda of crash that will never happen again in our lifetime.
Yes. I was referring to picking a market top/correction in case there was any confusion. I'd rather buy puts going into today's number if I had to. After a 1 % up day and markets at ATHs going into one of the most, if not the most, important number lately.
Not sure if he's 100 % serious all the time or being facetious, but so far he's fairly spot on. Perma bears are the ones that's been hurting since last fall.
What is or was your CPI play?
Was closed out of my last ym whilst I was at the pub.
so only holding nq still. Waiting for a big rip! And now lots of room to add to ym es etc on dips since i'm flat them now. What an amazing period of trading for me. Even if we 'crash' and i'm holding long, i'm gonna be well in teh green still lol. The move down now required to eat up the points gained on my many longs just isn't gonna happen! Would need an alien attack! lol
Awesome.
With SPX possibly hitting 6000 this year, there's plenty of upside still. Yet, so many 'smart people' keep looking for a market crash on a daily basis instead of just going with the flow and taking the easy bucks.
Think I'll sit out the CPI release today. If the markets were down 100 points on the week I could have taken my chances on a long, but it seems risky here at ATHs after a monster move even though it could very well be another ripper.
news out soon!
Do we do a mega monster rally? Or do we get a spike down and then a V?
Choices, choices ....
Mildly tempted to put an ES long on here on the dip tbh lol
Do we do a mega monster rally? Or do we get a spike down and then a V?
Choices, choices ....
Mildly tempted to put an ES long on here on the dip tbh lol
The risk/reward doesn't seem worth it. 50/50 outcome with equal risk/reward?
Should be fun to watch. If we get a massive dip - I'll take my chances. If it's a weak pop - maybe chase a long. If it's a strong pop, well, probably just have to wait and see.
Should be fun to watch. If we get a massive dip - I'll take my chances. If it's a weak pop - maybe chase a long. If it's a strong pop, well, probably just have to wait and see.