Posted by vinylchild on 30th of Mar 2020 at 05:24 pm
just a thought worth mentioning. I have that same confused
feeling that allowed me to unravel and sell my shorts right before
the big drop in February. I have positioned accordingly.
And if my gut is wrong again it will be time for a gut check.
When something seems off in the markets and you ignore your
instincts, what have you got? I rarely trade on this
principle but when it happens I have to keep my convictions and
ignore the noise. Also this market is almost impossible to
hedge. Day trades and Cash seem to be the only safe option as
a trader. I was over leveraged last time and now I have more
wiggle room but this is still an aggressive move for me. TQQQ
and SPY out of the money puts exp at various April dates.
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just a thought worth mentioning.
Posted by vinylchild on 30th of Mar 2020 at 05:24 pm
just a thought worth mentioning. I have that same confused feeling that allowed me to unravel and sell my shorts right before the big drop in February. I have positioned accordingly. And if my gut is wrong again it will be time for a gut check. When something seems off in the markets and you ignore your instincts, what have you got? I rarely trade on this principle but when it happens I have to keep my convictions and ignore the noise. Also this market is almost impossible to hedge. Day trades and Cash seem to be the only safe option as a trader. I was over leveraged last time and now I have more wiggle room but this is still an aggressive move for me. TQQQ and SPY out of the money puts exp at various April dates.