Tough day today if you were long the S&P like I was.
Finished down 24 points.
Conversation
Replying to
But we closed back over the 10 so maybe we’ve got more juice left in the rally
3
1
That’s my view. I think the TSLA and IBM earnings caused a little more mayhem but isn’t this what we want in the system? Stay above but also retests of the 50?
2
Show replies
Replying to
My whole account was up 40% at opening yesterday morning, but didn’t take profit, I’m idiot 😅 This market is just too news-sensitive, too difficult to hold calls/puts
1
Man not my business but you shouldn't risk more than 5% of your portfolio otherwise you're gambling and risk of getting totally wiped
Replying to
Waited, figured better safe then sorry only went for the sure bets ,today was slow tomorrow is going be an adventure to see if they keep the moving averages
Replying to
Actually went long UPRO after the 30 min closed above the 50SMA. Looked for the bounce at the 200SMA first and then the close above 50SMA. Definitely green on the day.
Replying to
Yeah the only trade I made was that bouncing the 50 SMA, the whole day was watching and couldn't find a suitable entry for a bounce play, tough day