74410962 OP : so the market is pricing in trump is the one who first cancels or lowers his tariffs?
Ken Griffin Charity : the pump is because 15% of the S&P’s weightage is carried by META MSFT and NVDA.
74410962 OP Ken Griffin Charity : i mean the sudden overnight pump, in the last 20 mins the spy just pumped around 1.2%
TheSmallLong
:
You are right. But market is still seeing it as a positive news I guess - as compared to a stalemate where China has no interest to engage U.S.
I don't see a smooth sailing negotiation with China either - but the recovery seems that market is pricing it to be rather smooth
614tillDeath : my man , ive been daytrading 6yrs strong now and i promise you that setting a goal is/can never be a bad thing. risk management is the key to hitting those goals and making sure your truly profitable . youve got this brodie
Stock Therapy : I set a percentage rather than a number
The Warlock : discipline is a critical attribute to have to be successful in trading. discipline can take many forms such as taking early profits cutting losses when down not looking back etc. but I would say the most impressive form of discipline is goal setting and goalkeeping and this is for all facets of life. I think if you were to set a goal of x dollars profit per day per week per month and actually hit it and then forget it AKA don't go chasing then you would likely find yourself at the end of the year with a much larger account sum then you started with. unfortunately the reason why many of us are here is to hit those big 10 baggers which in all honesty just really doesn't happen or if it does happen you'll get greedy and go chasing for it again and then you've lost it all. maybe try this open up a second account make that your goal account see how that does against your balls to the wall YOLO account. I'm dictating this so apologies for the abysmal formatting and misspellings
Orhan OP The Warlock : You gotta add me on here bro so I can private message you
暗号 : Global hedge funds have long de-leveraged and liquidated, with only retail investors remaining steadfast.
JoeskiTheRookie OP 暗号 : so a retail trader either got liquidated or panic sold those 2 massive trades at 55 when it was rallying up to 62 thats miliions and millions of dollars and then it tanked and they would be close to ITM at market close anyway
Ken Griffin Charity JoeskiTheRookie OP : that’s typical, it’s the day after MSFT and META earnings. 2 major companies which also greatly influences NVDA. That’s nearly 15% of the S&P’s weightage, so large moves in response to their earnings is only to be expected. Bears lost their bets and bulls won theirs. Nothing out of the ordinary here.
104326203 : with AAPL shitting the bed with no silver lining, should be around -2% at open as long as AMZN stays honest, but then again this market has been anything but logical lol
Araby Seddeq : very new trader here so ive been learning a lot from u and the orhan dude shoutout u two. i got 11 contracts for monday at 520. u think i should sell tomorrow no matter what or? ofc its js advice i wont follow blindly but im just wondering what ur thohght process would be
wolfofTennessee : same. i have 120 $540’s with 10 Monday puts as well and im hedged with $565 calls. lets get it big dawg!
The Warlock OP wolfofTennessee : let's fkn roll, tenn - get that paper!
The Warlock
OP Araby Seddeq
:
I mean tomorrow might shape up to be a big dump. Secure enough profit as soon as you can and let some roll into Monday to see if the market continues to drop.
Just don't get greedy, if you see some profit - start peeling from the 11 contracts you have. 1 here one there. Every sell you make in the green is also one less sell you can make in the red.
Ask the folks around here if they could go back on some days and secure small profit instead of diamond handing and losing it all.
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74874782 : man everyone loaded up on put before close too
Nifedipine OP 74874782 : still too early to say