Market Volatility - About to explode ?
Stock market -
Current consumer confidence metrics are at all time highs right now. It's something we haven't seen in the market in a very long time.
Are we in a bubble?
Is it worth the carrying cost to buy VXX?
https://finance.yahoo.com/quote/%5Evix?ltr=1
Hope you bought
LOL
I had the best single-day performance today. Feel like a god.
But the humble side of me knows it could all be gone next week/month.
Stay safe fellow traders/asset managers.
Any thoughts on TVIX? Thought about buying yesterday without knowing the news was gonna break this morning. I'm a poor college kid anyways so I could only have bought 10 shares, needless to say I am not kicking myself too badly for not buying.
No worries, a lot of people (including myself) started as a "poor college kid". If you're consistently profitable you'll be able to build up your portfolio and hopefully attract family/friends/stranger money.
I don't give recommendations, simply because my criteria for buying/selling is too lengthy to explain. But I will say that I remain very bearish, even after today's volatility.
Which online brokerage are you using? If your trades are only a few hundred dollars, then a round-trip buy sell would cost you $15-20. In that case, maybe wait until you have more $ to trade.
That's exactly my issue. I use TDAmeritrade which charges me $7.50 per trade. I've kind of been waiting until i have $1000 at least to buy anything.
I've also been reaching out to anyone with any guidance regarding leveraged ETFs because I have zero experience with trading them.
Still a good buy. These numbers are staggering.
Long term puts on XIV not a bad play
How about this market-volatility? (Originally Posted: 02/09/2018)
Possibly the best market I've traded yet. Been in the game for only 3 months, and finally there is potential to make good money. Was so close to cracking $1,000 just in a single day.
Anyone else think these 50 point swings in the index will continue?
EDIT: I was actually up $1,300ish but the midpoint on my SPX options were changing very violently so the price wasn't real per-se, not sure what the MM interns were doing messing around with the bid-ask so much. Kinda ruined my day. Oh well
surprised you haven't lost it all in dogecoin yet tbh
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