Is the Bear market that began January 2022 over?

[KCalhoun]

I have to laugh you frequently post these wild ass forecasts about what you or markets can do in short order. Remember, you forecast the SPX would be under 2300 by Wednesday. Seriously, your trading style as posted cannot possibly generate 30K in 2-3 weeks unless you make big changes to the capital used and show more commitment to the trades. Today you did exactly what you did last Monday. Got super excited about your '20k in inverses' then cut most of them premarket for a relatively small pay off. That's not going to get you 30K. To get oversized returns you need to take on extra risk and/or trade large amounts of capital.

You are correct. But at least I did make $ today. Choppy day tho

 

[margin_gamble]

You are correct. But at least I did make $ today. Choppy day tho

Good to see you, Ken. Don't worry, market has to rally to let off steam, then it will resume down and that 30k you spoke of will make you sing the Shamans blues

 

[KCalhoun]

Getting closer, narrow range dcb chop day. . Let's all make $

Holding uvxy etc overnight

 

[margin_gamble]

Getting closer, narrow range dcb chop day. . Let's all make $

Holding uvxy etc overnight

I did the unforgiveable thing and went LONG the Qs at near closing bell. I have a STOP. I am expecting a rally for the following reason - it is a main reason

Vix has not been responding well. Friday's tsunami should have sent Vix much much higher. so something is holding it back.

Give it time? Of course.

Let's see if I can get some juice out of the LONG and of course if it is a NEW BULL-MARKET, I'm first IN

 

[KCalhoun]

As long as the VIX stays > 24 I'm in bear mode mania : )

https://www.cnbc.com/quotes/VIX

 

[margin_gamble]

As long as the VIX stays > 24 I'm in bear mode mania : )

https://www.cnbc.com/quotes/VIX

Make that 24.3 = 200-day ema current value.

 

[KCalhoun]

Make that 24.3 = 200-day ema current value.

Thx.... lol experienced ancient traders we don't need squiggly lines like emas, we intrinsically use our jedi mind powers to figure stuff out..... thx good to know re 24

 

[margin_gamble]

Thx.... lol experienced ancient traders we don't need squiggly lines like emas, we intrinsically use our jedi mind powers to figure stuff out..... thx good to know re 24

 

[MacBookProHo]

To get oversized returns you need to take on extra risk and/or trade large amounts of capital.

That's the only way to trade. Aim for greatness, go big -- or go home. If you want impotent returns, invest in an average mutual fund.
But that's not to say, though, you have to be a gambling, reckless, cowboy trader....there's a fine line between being a professional hitman versus a clown, amateur, gangster.
Throw out that risk 1%, 2%, of your account per trade bs. You have to release one of your biggest nuclear bombs, with precision and understanding and wisdom and trade process.
Grow and compound. A trader should have millions in their mind. Not being so happy by generating 15% per year.

 

[vanzandt]

and of course if it is a NEW BULL-MARKET, I'm first IN

Gotcha worried didn't I?