Instant Limit Down 3/22/2020

[dozu888]

Don't fight the market. Making money in the market isn't just buying stocks. Put your ego aside and start shorting.

NO.

 

[fractalize]

I wouldn't trade the indexes at all unless you have huge nuts. Getting caught long in a limit down would be catastrophe.

Definitely not amateur hour. You need to know your halt levels, and don't underestimate the speed of the market, and NEVER trade manually around those levels. If long, stop loss orders should be at least .5% above the halt line, and generate within milliseconds (automated) of entry order fill. Most importantly, realize that one wrong move could turn your 10k discount broker account into a 100k+ debit.

 

[Stamamarti]

mass economic suicide, for fcking 5000 dead people, most of them don't have long to live anyway.

human stupidity to the highest level. ladies and gentle boyz.

. Sad.. very sad.. your post, I mean

 

[fractalize]

. Sad.. very sad.. your post, I mean

Not really. The living will envy the dead.

 

[Clubber Lang]

will buy more at the EoM when I get some more cash on hand.... but that's small compared to the portfolio....

at the end of 2018 when the portfolio had a $1m draw down I was kind of proud of myself it was like wow it's so big now even the draw down can hit 7 digits... and I been thinking well some day the draw downs gonna get bigger to 2m 3m 5m etc... it will be quite a scene... didn't see the 2m thing coming so quickly.

but again... quality of life aint gonna change...

I am still $2m in the money, and if the economy is f'cked, then all the discretionary stuff get prices cut in half anyway.

that's why you want to keep playing the long game the big game, once you get into the top few %, this is the class that rules the country and they will always take care of themselves.

Or you could have gone to cash weeks ago and saved yourself an ass ripping drawdown.
But whatever, you know everything.

 

[dozu888]

Or you could have gone to cash weeks ago and saved yourself an ass ripping drawdown.
But whatever, you know everything.

if it were that easy why did Warren and Charlie 'see their portfolio cut in half at least twice in their investment lifetime'?

smart asses hindsight 20/20.... with everything priced in market timers always underperform!

I am stil $2m in the money, yeah that's how much fcking dough I have made from the market, was about $4m at the ATH... how many here have even reached the $m mark.

 

[Overnight]

Futures in ETH do not have a halt, they simply have a limit of movement. A HALT means all trading ceases, and many order types cannot be entered during a HALT. A limit move is simply a price that cannot be exceeded until next time interval, which is usually RTH open.

 

[SanMiguel]

Definitely not amateur hour. You need to know your halt levels, and don't underestimate the speed of the market, and NEVER trade manually around those levels. If long, stop loss orders should be at least .5% above the halt line, and generate within milliseconds (automated) of entry order fill. Most importantly, realize that one wrong move could turn your 10k discount broker account into a 100k+ debit.

Why would you be long over the weekend on this environment. In fact, all trend following is just short for the last few weeks

 

[fractalize]

Why would you be long over the weekend on this environment. In fact, all trend following is just short for the last few weeks

Shit no. RTH only, and assess after the open.

 

[.sigma]

I wouldnt trade the indexes at all unless you have huge nuts.

Getting caught long in a limit down would be catastrophe.

i feel like professionals should be smarter than this though, no? I always think they are then realize a lot of these firms still are overextended regardless of the risk models.