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7 minutes ago, dmedin said:

 

The real issue (for me at least) is that some people get privileged treatment while others don't.

It is bound to erode trust in government and society.

UK looks to have a high death rate but only because there is no testing (so low number of confirmed cases vs number of deaths), even nhs staff can't get a test but old jug ears got a test at the first sign of a sniffle. 

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10 minutes ago, dmedin said:

 

The real issue (for me at least) is that some people get privileged treatment while others don't.

It is bound to erode trust in government and society.

The real issue is people need to wake up and think for themselves if something is hyped beyond all proportion. Getting emotional does not get you the real answer, it only gets you screwed in one way or another.

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Humm, well the bottom and reversal looks obvious on a daily ...

2000022394_US500_20200326_15_32.thumb.png.17321e75085e087d62e2066412bc1244.png

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I decided to place a trade now instead of tomorrow. Probability wise, its safe. Direction for tomorrow is up. Who is going long?

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It does not look too good for now. Let's see if the closing will be higher than yesterday.

My gut feeling still leaning towards up day backed by probabilities. I feel its too early for the trap to reverse back down. I was thinking perhaps this weekend or sometime next week for the bomber if it happens.

I'm the first to admit eating my fat juicy humble pie if I get today's trade wrong. 

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I wonder if I can get out at break even or even a profit today. Not too far away. Would be a bummer to lose back to the market a bit at the end of the week.

Still working on getting my system nearer to 10/10 winning ratio. Will never get there, but near 9/10 would be fantastic.

Regardless, the volatility next week will offer great opportunities.

Edited by HPbrand

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22 hours ago, HPbrand said:

I decided to place a trade now instead of tomorrow. Probability wise, its safe. Direction for tomorrow is up. Who is going long?

Yes! :D

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Just got out 🤭🤭🤭

 

@dmedin,

 

Hope you done ok today.

Edited by HPbrand
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2 hours ago, HPbrand said:

Just got out 🤭🤭🤭

 

@dmedin,

 

Hope you done ok today.


I quit at 19:30 while I was still ahead 😱

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This week is a crucial week for US indices I think especially end of the week. If we are going to see extreme Dow soon, the market will let us know. 

The volatility is expected to pick up so money can probably be made in both directions with 1000+ points move again. I personally would not go long for a couple days. There are positions trapped right now going long from last week so I would guess some will be forced to endure some pain, unless they volunteer to take losses.

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I think it is possible again this week for the price to accelerate and the markets halts trading only to reverse when trading resumes. Position trading is probably a safer option this week.

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