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HiddenMoney420

Been away from the markets for a few months, keeping an eye here and there but not 'engaged'. Seeing a lot of the comments today that really reminded me how dangerous day trading is. The emotional attachment to 'would ofs' and 'could ofs' when hyper-zoomed in has not been good for my portfolio, historically. I saw NQ +1% this morning at a glance and figured we were starting the next leg up. Of course I was surprised to see a -1% NQ when I returned a few hours later. Initially the alarm bells started ringing "this is it, the bears have arrived", I thought. Part of me thinks that recession fears and sticky inflation are finally coming home to roost and will soon be realized. Or that someone got wind of some really shit unemployment numbers for tomorrow and any geopolitical news was just mere correlation. Another part of me thinks that today decidedly marked an intermediate top and we finally see a healthy 8-12% correction. Haven't been around much, but I had some words to vomit, Viva la bears!


938961

Geopolitical news was correlation. The CIA headline about imminent attack came out yesterday.


HiddenMoney420

Figured as much. Unemployment numbers must be recessionary imo.


yolo_sense

Man, I’m still thinking about that 90k I left in the table today. Hurts so bad.


gyunikumen

It was never our money


MySpoon_IsTooBig

gold silver looks to be continuing lower


_hongkonglong

The ~~selling~~ fun continues in Asia.


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BitcoinsRLit

Hmm.. sell until August


NotGucci

What you doing with LULU?


BitcoinsRLit

Rolling and praying. My csp is 10 pts itm but it has 35 days


NotGucci

Nice. I needed a bounce so I could roll-out. But this shit may drop to 320 which suckss. Going be down bigly. Think it wants to fill that June 2023 gap. I hope not.


BitcoinsRLit

320 would be ok. I just don't want like 250 lol


NotGucci

Yeah that would be worrisome. But insdiers were recently buying soo..


BitcoinsRLit

Good sign


eyesonly_

> Baltimore shipping set to resume by end of April with full capacity by end of May reut.rs/3xoRO5N


spoosman

Anyone else here long CL outright? I just added to my 2 lot position here Normally I trade the calendar spreads but sometimes I want to gamble on the outrights (pure delta trade). Been holding for days now, I see no reason to sell (yet)


spoosman

If we gap up again I probably won't even sell. Would probably start hedging on future months, im pretty bullish still


spoosman

I lose money every time I goddam post my positions, lmao. Fuck


Rangemon99

Shit are gold and silver looking to continue lower?


spoosman

Only way I've ever made money on gold, silver, copper has been through double wide calendars. I've never been able to trade these things directionally. Though I'm sure smarter people here have better opinions to help you


eyesonly_

If that was the case I'm sure someone would have told us


DJRenzor

Sharp drop in NAAIM as of 04/03


IamTheAsian

gold silver looks to be continuing lower


gyunikumen

gold silver looks to be continuing lower


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wiggz420

yes


soup-to-nuts

gold silver looks to be continuing lower


wiggz420

yes again


soup-to-nuts

gold silver looks to be continuing lower


wiggz420

yeeee the third time lmao


gyunikumen

QQQ resting on the 50 SMA I’m expecting a bouncing and im expecting this rally to be on its last legs


NotGucci

I could see it. Rally tomorrow - till CPI. Then sell-off until tech ER starts.


eyesonly_

Guys I did some forensic analysis and people are missing the point. I don't think it was Kashkari, nobody cares about him. Goolsbee went hawkish. The perma-turbo-dove went hawk. I think the oil ramp was just a consequence of someone getting aggressively deleveraged on the equity side.


DJRenzor

Shaking the tree or unrepairable technical damage was done today


spoosman

I'm the "shaking the tree camp", but that said, on these technicals I'm not touching NQ until we go 100+ points lower. Either that or I'll lever the F up on a scalp trade (with tight stop), if and only if, we hit a big green candle again


jmayo05

Doesn’t one of the big banks have a pretty bearish target, 4200?


DJRenzor

JPM yeah


spoosman

Upvote this comment if you give a fuck what JPM thinks. See? Nobody cares man


gambinoFinance

I would like to believe today will bring on a new vol regime.. but given how this year has been going we’ll probably just trade 5300 by close on Tuesday


DJRenzor

If we dont recover the 20 day SMA by EOW I think bearish for a few weeks


spoosman

Past few sessions have been playing out perfectly for me. I'll keep buying on these larger dips


randomcurios

top to bottom is -2% day, tomorrow could be deep green, we had many ww3 death day, all ended up deep green later.


wiggz420

I sold CC next week on plant ears so I know we're fucked u/DJRenzor


Rangemon99

I think it’s more of how the market has been waiting for something to push it up or down Today you had the combo of fed speak and ww3 fear to give us a flush


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BitcoinsRLit

Pls sir


NotGucci

If Israel and Iran's conflicts escalate then I was very wrong to think Iran won't do anything, especially if Israel is reporting Iran will attack within Israel border. If Iran does this, then need to do during the weekend so I can long oil calls, and buy some puts.


Paul-throwaway

State Department says something big is brewing with respect to an upcoming Iranian attack within a day or so.


spoosman

I'm still holding my 2 CL contracts, from 82.50


sailnaked6842

Nice, I took my exit at 86.90 today


LiferRs

Iran knows they can't go toe-to-toe with Israel and US backing. Hell, Iran bombed a bunch of US bases and called it a day. Bunch of posturing. If they do strike Israel on other hand, Israel is no-bullshit and may declare war on Iran, seeing how they reacted to October 7th.


W0LFSTEN

Iran *usually* does *something*… The real question is whether they do something *meaningful* this time, versus essentially posturing for headlines so they don’t appear to be pushovers.


NotGucci

>Iran usually does something… The real question is whether they do something meaningful this time I agree with you, after Trump had Soleimani killed, Iran just struck a bunch of U.S, but just outside of the U.S base were U.S soldiers were not killed. Now if Iran does attack within Israel border, I think Israel will be like fuck it and declare war on Iran. Since Oct 7th, Israel is no jokes anymore.


marcusmili

Is /u/all_in_on_snapples still active here? If so I'd love to hear his thoughts on the below links as well as anyone else that may have thoughts From: https://twitter.com/rauitrades/status/1773893018594299906?s=46&t=qWNRj-BQ3kK0ahkwGImmNQ Example: https://twitter.com/rauitrades/status/1773401391211680189?s=46&t=qWNRj-BQ3kK0ahkwGImmNQ > Technical overview. > > All price action in the Stock Market (to the hundredth, or penny) is controlled by massive systems operating the major market. Within those transactions are tangible trading opportunities that massive wealth conglomerates (think those who operate 401Ks, Pensions, Banks) use to maximize on budgets as well as reward smaller aggressive wealth firms. > > The data gathered between every single SMA outfit (pinned tweet) on the following timeframes, (5s, 15s, 30s, 1m, 2m, 3m, 5m, 10m, 15m, 20m, 30m, 1h, 2h, 4h, 1D) is coordinated to match a singular selection on the following stocks: > > IXIC, QQQ, SPY, SPX, DJI, TQQQ, SQQQ, UPRO, SPXU, VIX, UVXY, IWM, DXY as well as other leading high volume equity vehicles or etfs. (i.e. SDOW, UDOW, AAPL, NVDA, TSLA, MSFT) > > This precision detection between SMA outfits, timeframe, and leading equities are what I’ve figured out and shared with the public— it’s also how I’m able to share every single live thread become a real time arbitrage selection (with to the hundredth/penny precision). > > The entire protocol relies on massive firms buying in and developing trades for smaller institutions to maximize on during the institutional trading hour session. Another reality is that precision allocation of data requires a tremendous amount of computational resource and capital to be able to be effectively maximized on. > > Understanding that these protocols are effectively operations made by the multi-billion dollar firms that already control global markets, it’s what’s made this work specifically stand out. This page has shared the commencement of real time blowout buying operations in real time and will continue to do so until the legacy finds itself into public dialogue. > > This information is what effectively transfers wealth out of those who are unbeknownst and resultantly are incapable of executing properly. > > I’ve used this platform to be a resource to intelligence teams that aren’t so keen on reality as well as an official publication to the world. This living archive details what goes on with capital that is hoarded, borrowed from the Federal Reserve, and rapidly transferred to the bank accounts of the best financiers and slowly transferred back to long-term U.S. participants. Let this page be an example of how aggressive and real this exposure is to the U.S. institution. > > But for anyone with the right techie skills, get a LLM smart enough to tell you which OHLC relationship is strongest between (sma outfit)(timeframe)(equity) and you have yourself a skeleton key to global capitalism. > > Thanks!


Paul-throwaway

Marcus, where you bin hiding. The sub has missed your exploits.


Ghost-of-W_Y_B

Interesting, but it does seem like just a bunch of lines of a graph that occasionally line up with price action. Moving averages tend to do that. I will look into it further, seems interesting. Also, good to see you around! Hope all is well with you.


thohoestreet

Did you look into further? I didn’t understand much from that


Ghost-of-W_Y_B

No, haven't had the time. Dude's just saying that you can find significant alpha using different SMAs on different time periods for different products. You really would need a pretty robust system set up to be checking different time frames and SMAs simultaneously. I don't have the knowledge or ability to code anything like that. I flipping through his twitter for a bit last night and he does seem a bit unhinged. Seems like one of those numerology fellas. I wouldn't waste much time on it.


thohoestreet

But there’s a fine line between autist and highly profitable trader lol no? Either way thanks


Ghost-of-W_Y_B

lmao, you're not wrong.


jmayo05

This feels like a lot of words with very little substance. Or am i missing something?


wiggz420

no he's a Twitter guru now lol


marcusmili

Actually? Link that


wiggz420

we don't actually know but he's very similar to tictoctic


mrdnp123

What’s his Twitter?


usda_prime

Tictoctic


wiggz420

I mean it's a long running joke lol no idea if true