For everybody that missed the big rally in the last couple month...

Overnight said:
You better have a huge bank account if you intend to trade CL futures long with naked directional risk that far out (by EOY) .
More...

I'm not interested in discussing whether or not myself or another person can manage or forecast risks in derivatives, its beside the point. Regardless, margin rates are cheap as hell. Roll overs aren't hard to deal with either and neither is letting go of a position due to news. Sorry if I've given the impression I was going full Warren Buffet mode on oil futures lol.
 
Interesting question. Im pretty fresh to these shark infested waters, but honestly I have been getting the FOMO of just wanting to BTFD. I usually just trade single stock names so I have come to recognize that feeling but never thought Id be itching to just swing long and the SPY or QQQs as not to miss out..

Thinking logically about it,... I dont know man, doesnt seem like a smart bet to short it, although many argue this is "unreal" market doesnt seem to agree.

Doesnt seem like a smart bet to buy at all time highs on many of these names either...

Maybe best to just sit on my hands for this one? Not get all but, but, why didnt I catch this once in a lifetime move ?
 
You must log in or register to reply here.
Back
Top