I am back again... Crystal ball here.... Take it or leave it. Spy will..

[Cuddles]

c-c-c-c-combo breaker:
https://www.bloomberg.com/news/arti...d-says-it-will-begin-buying-etfs-in-early-may
New York Fed Says It Will Begin Buying ETFs in ‘Early May’

The U.S. central bank expects to begin purchasing shares of eligible exchange-traded funds as part of its emergency lending programs in early May, according to the Federal Reserve Bank of New York.

Lending through the Fed’s so-called secondary market corporate credit facility and primary market corporate credit facility via purchases of corporate bonds will begin soon thereafter, the New York Fed announced Monday on its website.

 

[KCalhoun]

c-c-c-c-combo breaker:
https://www.bloomberg.com/news/arti...d-says-it-will-begin-buying-etfs-in-early-may
New York Fed Says It Will Begin Buying ETFs in ‘Early May’

The U.S. central bank expects to begin purchasing shares of eligible exchange-traded funds as part of its emergency lending programs in early May, according to the Federal Reserve Bank of New York.

Lending through the Fed’s so-called secondary market corporate credit facility and primary market corporate credit facility via purchases of corporate bonds will begin soon thereafter, the New York Fed announced Monday on its website.

Thx, I'm scaling back out of inverses to lock in gains, learned the hard way "don't fight the fed"

Would be great to know what ETFs they're buying, eg SPY dia QQQ or?

 

[1957may10]

I will sell some, but not all. It’s not going to be w bottom. Not to soon, don’t panick.

It is pathetic but anyway. I will not buy Trump will apply tariffs soon, just politic.
Markets are not taking these seriously.

 

[1957may10]

Thx, I'm scaling back out of inverses to lock in gains, learned the hard way "don't fight the fed"

Would be great to know what ETFs they're buying, eg SPY dia QQQ or?

Did you sell your shorts?

 

[ironchef]

c-c-c-c-combo breaker:
https://www.bloomberg.com/news/arti...d-says-it-will-begin-buying-etfs-in-early-may
New York Fed Says It Will Begin Buying ETFs in ‘Early May’

The U.S. central bank expects to begin purchasing shares of eligible exchange-traded funds as part of its emergency lending programs in early May, according to the Federal Reserve Bank of New York.

Lending through the Fed’s so-called secondary market corporate credit facility and primary market corporate credit facility via purchases of corporate bonds will begin soon thereafter, the New York Fed announced Monday on its website.

Misleading title. Fed will start buying bond ETF, not stock index ETF.

 

[KCalhoun]

Did you sell your shorts?

Yes I sold most of my inverses today starting with premkt gaps up, I still have a bit, very small size, in case market goes down. I'm glad I protected last weeks profits by going mostly cash today.

 

[Cuddles]

Misleading title. Fed will start buying bond ETF, not stock index ETF.

Misleading how? Is a bond ETF not an ETF?

 

[Thor]

Thank you for your answer.

Wow, 3-5 big moves a year.

When I started out back in 2013, I made several hundred very short swing trades a month. I am down to < 1 a day. Probably had only 3-5 really big moves a year too, so likely over traded.

85% of the time the market is moving sideways and going nowhere.
Only 15% of the time is a trend in play.

Rule #1 - It's very hard to lose in a trend. so thats where I always want to be
R:R needs to be as high as possible which only trends can offer.

I've had 7-8 losses in a row, but just 1 win will recover double. .
Every 3-4 months the market will trend up/down and those trades on monthly options can yield 5x to 8x. Using weeklies the return can go to 25x provided you are nimble enuf to get in and out at the right time.

The downside is the long waiting time between the trends.

 

[ironchef]

85% of the time the market is moving sideways and going nowhere.
Only 15% of the time is a trend in play.

Rule #1 - It's very hard to lose in a trend. so thats where I always want to be
R:R needs to be as high as possible which only trends can offer.

I've had 7-8 losses in a row, but just 1 win will recover double. .
Every 3-4 months the market will trend up/down and those trades on monthly options can yield 5x to 8x. Using weeklies the return can go to 25x provided you are nimble enuf to get in and out at the right time.

The downside is the long waiting time between the trends.

Thank you for your coaching.

It is more and more a waiting game. And as a result I spend more and more time on ET.

 

[vincentnyc]

85% of the time the market is moving sideways and going nowhere.
Only 15% of the time is a trend in play.

Rule #1 - It's very hard to lose in a trend. so thats where I always want to be
R:R needs to be as high as possible which only trends can offer.

I've had 7-8 losses in a row, but just 1 win will recover double. .
Every 3-4 months the market will trend up/down and those trades on monthly options can yield 5x to 8x. Using weeklies the return can go to 25x provided you are nimble enuf to get in and out at the right time.

The downside is the long waiting time between the trends.

there are different traders out there. you have to find your personality that fit with the market. when you said the market which market are you talking about? you can find trend anywhere (different type of stocks, bond, currency, future, forex, bitcoins etc.). you just have to know how to filter your trade and enter based on your signal.