This crash needs to play out- it’s dangerous !

B

brightside

Im being serious here guys. Most of you are better traders than I am but I have seen this before and its best to sit back and let this play out. You will just get stopped out of all your trades. Biden’s ridiculous speech the other day isnt helping either.
Inflation is a real issue and Powell has a big problem ! Wait until margin calls and fund redemptions start happening. Investors are already starting to get jittery.
 
It's possible that the markets have begun a HUGE decline. If that's the case, BTD will not be a good thing to do. We don't know for sure yet, but best be paying attention.
 
brightside said:
Im being serious here guys. Most of you are better traders than I am but I have seen this before and its best to sit back and let this play out. You will just get stopped out of all your trades. Biden’s ridiculous speech the other day isnt helping either.
Inflation is a real issue and Powell has a big problem ! Wait until margin calls and fund redemptions start happening. Investors are already starting to get jittery.
More...
Stop being paranoid!
Go and do day trading!!!

Then you will like crashes!!

Stop looking at things in such a negative way. Learn to be appreciative.


Stop spreading fear!!!
But be serious in spreading opportunities!!!
 
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maxinger said:
Stop being paranoid!
Go and do day trading!!!

Then you will like crashes!!

Stop looking at things in such a negative way. Learn to be appreciative.
More...

Agree. All we've seen so far is "corrective noise". If it's going to morph into something serious on downside, it's yet to be seen.

IMV.. the market won't/can't get genuinely bearish until the October lows are taken out and HELD BELOW. Until then, just noise. (Infers that a "test/hold" of the October lows is a technical buy opportunity.)
 
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Scataphagos said:
Agree. All we've seen so far is "corrective noise". If it's going to morph into something serious on downside, it's yet to be seen.

IMV.. the market won't/can't get genuinely bearish until the October lows are taken out and HELD BELOW. Until then, just noise. (Infers that a "test/hold" of the October lows is a technical buy opportunity.)
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To be fair it is about perspective too. I mean markets been showing signs of topping since December on some indexes and NQ is down 2300 points from highs. From an investing and equities perspective I can understand your point.

But from a day trading perspective that's $46,000.00 per NQ contract and still $4600.00 on a mnq of base movement. Of course someone isn't going to catch all of that I understand.... but that's just the base movement to illustrate the severity of the move in day trading perspective. There's tons and tons of swings back and forth to allow you to capture a lot of the points though.

Also, the probability is that markets go lower. Sure, they might not, but that is what probability says from the metrics I use. The structure has been building for a while on all markets and we completed and set up the bearish structure on RTY weekly in december and than the structure on NQ Daily more recently on 01/07/2022, now it's just playing out.

All drops and pops are not equal at all, there's a lot of different ways and factors to separate them. Anyone who thinks this drop isn't anything serious and has the same probability to bounce as high and hold as well as previous drops, they are very likely to be in for a surprise. Of course I could be wrong and we rip 2000 NQ points next week, but that is just not the likely outcome at all.
 
brightside said:
Im being serious here guys. Most of you are better traders than I am but I have seen this before and its best to sit back and let this play out. You will just get stopped out of all your trades. Biden’s ridiculous speech the other day isnt helping either.
Inflation is a real issue and Powell has a big problem ! Wait until margin calls and fund redemptions start happening. Investors are already starting to get jittery.
More...

Disagree… these will be some of the greatest trading opportunities of your lifetime… this is where you make your bones & cut your teeth..
These are the markets where you really learn to trade & become seasoned!
I’d learned more trading the whipsaws of the late 90s than the slow tedious melt ups of the last 10 yrs…. Cut your size, hands hi… chin tight & fight the fight… don’t let a little Vol prevent you from becoming a gunslinger and earning your Masters/ Doctorate!
 
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