Loading ...That’s why I’m glad the youngsters aren’t going long except if they have any positions there going to ride out. I don’t see what they did till later in the day.I don’t tell them much cuz they don’t need to get side tract. Some are into silver though.
Some had a hard time today I guess they didn’t short it down and reverse but waited which is fine and some did calls but iffy today, on the reversal instead of just long and light volume long today which they mentioned. Shorts in the morning was heavy volume. They trade individual stocks. So when when the market turned back down I think they had a hard time trading on light volume but can’t say for sure if they got out in the money.
If you would of stayed short today you likely would of wound up about where you started but not lost anything. I wasn’t gonna try it a third time as short term trading in a volatile market is risky enough. I was basically just scalping a few dollars instead while waiting to see where the market would go short term days out, but there was heavy duty short buying and selling today. I figure a certain percent one way and a certain percentage the other adds up to bigger percent at the end of the day.
I did add a bit to a divi stock even though they could and likely will go lower hope enough people keep it afloat for the business sake. Not a PM stock. I found out that one of the bigger buyers before was Soros but he bailed when the market turned. I could say that would figure but under the market crash can’t really but says he doesn’t just buy and hold or trade things on the side.
With low unemployment numbers the Fed has to go ahead for more rate hikes down the road.
Mr Copper are you doing the ETFs like that friend you mentioned.
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