I can think of a few Trillion reasons why it keeps going up
This virus is a nightmare within a nightmare...how can the markets be at all time highs?
- Thread starter noddyboy
- Start date
lol thanks! Looking around at reality and you'll see this is blown out of proportion imoGood to see you've joined the side of Common Sense and not FEAR
Spoke to 2 mates this week who work at Care Homes and ZERO deaths, not heard of any at the Care Home I setup singing kit for before this 2 weekly, not even hitting them hard really.
You could argue there just dying of normal causes while testing positive for Covid most of the time.
About 7% of U.S. has been infected, with 132k dead. Need 70% to reach herd immunity. If it just runs wild that's 1.3M U.S. deaths, 25M globally. People do not feel like going out much with a 1:200 chance of dying from it. $20T new $ printed globally. Growing civil unrest, job prospects in severe decline, prices of goods rising with inflation. Republicans threatening to take away health insurance and other benefits during biggest crisis in a generation. Democrats threatening to give cities over to violent mobs. Spanish Flu lasted about 3 years with 50M deaths. Anti-virals, advanced therapies, vaccine could be coming, but they take time. Anyway its looked at, this would seem to indicate a likely severe economic impact over an extended time duration.
No way to test there all rubbish the tests.
Compare NYC to Florida, if NYC wasn't near Herd the NYC would be shooting back up worse than Florida as denser population, seen it London, Sweden, Italy, Spain nobody who got hit bas had it again, logically a high percentage has had it.
Media where pushing 5% of uk 2 weeks ago, yet 1/2 the people I know had it ages ago, got to assume other half just no symptoms, they've got an agenda to keep the fear / views going.
3 weeks Florida running!
How do you arrive at the 7% figure? I get 8 tenths of 1% total population infected.
VIX index has gap open from Feb 24th that needs closing first.
Maybe not the best place for this, but needed to express myself. I'm a novice trader (aggressive bear) down 60k since this all started, mostly the ES, some oil. I started small by swing trading micros and options, but that wasn't doing it. Timed the bottom perfectly by shorting a single ES contract - didn't realize what I was getting myself into and before I knew it I was way way down, trapped psychologically - thinking it has to go back down. Now it's spiraling out of control. Probably going to lose my job. Taking FMLA leave so I have 3 months to focus completely and and least get it back.
All this has been a total mindfuck, but honestly my job sucks and I would totally day trade for a living - especially the ES it fits my personality/schedule perfectly. I know I need to control my emotions better, watch my position size, not overtrade, the basics - but I got shit else to do. Trying to make a few mil and retire ya dig.
Is there any hope of getting it back or am I just throwing my money away? It's beyond frustrating to have worked so hard for my entire adult life to be doing this/let this happen.
All this has been a total mindfuck, but honestly my job sucks and I would totally day trade for a living - especially the ES it fits my personality/schedule perfectly. I know I need to control my emotions better, watch my position size, not overtrade, the basics - but I got shit else to do. Trying to make a few mil and retire ya dig.
Is there any hope of getting it back or am I just throwing my money away? It's beyond frustrating to have worked so hard for my entire adult life to be doing this/let this happen.
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I dig!!!
Got to remove that Bias, trade what you see, not what you think should happen.
60K ouch!!!
