S&amp;P triggers level one circuit breaker after falling 7%, halted for 15 minutes

Quoting here2there

Disliked

{quote} If people are getting a margin call, then it probably means they are using too much leverage. It's better to build slowly over time and protect your investment than to try to go too fast and end up losing it all. People lack patience. That's the real problem in the market.

Ignored

too slow using mini lot....tooooooo long, big lot big boom

RossEdwards

Mar 16, 2020 8:44am

Unfortunately the CV19 reality for the US is only starting.
And equally unfortunately the current Administration evokes no confidence.
As WB once said "when the tide goes out you see who wearing swimwear."
The tide going out, and EoD, all the FED can do is temporarily rent out a bunch of towels.
Enormous profit in short US indices.

Mar 16, 2020 9:08am

Quoting swing77

Disliked

i miss slogan " MAKE MARGIN CALL GREAT AGAIN"

Ignored

If people are getting a margin call, then it probably means they are using too much leverage. It's better to build slowly over time and protect your investment than to try to go too fast and end up losing it all. People lack patience. That's the real problem in the market.

Mar 16, 2020 10:11am

Quoting xau

Disliked

Common Sense: don't trade in these conditions....

Ignored

It needs to be qualified: Don't trade in these conditions unless you know what you are doing. And if you think you know what you are doing, you will soon find out what you know after you click that buy or sell button.

Mar 16, 2020 10:48am

Quoting xjames26

Disliked

{quote} How could you protect your long term investment in futures (indices) let say FEB 24 and so on unless you are intraday trader? I would also like to see success rate in Option trading these days.... Maxthetrader: Don't worry it's coming your way from west/east/north and south... we'll see how you deal with it.

Ignored

I trade the Forex market. I don't do Futures.

Mar 16, 2020 11:35am

Quoting foto

Disliked

This event is not going to be a V shaped low. It has to play out and make a bottom to turn sentiment. Without a Vaccine which is at least a Year in making no financial jiggering will stop the Tide. Just keep watching for some abatement in Damage then consider going for risk on. It still is early and yet to be learned Long Term effects in most of the World. Just getting started in Africa and Middle East. Anything coming out of China presented as good news is likely just a Lie as CCP needs to blame Foreign interests for any second wave reinfections...

Ignored

I don't think there is any stopping a global financial collapse at this point. It will likely turn into a worldwide Depression. Greed brought this upon us, not coronavirus. And now it is time to pay Greed's price. This was inevitable. If we always had leaders who cared more about people than power, we probably wouldn't be in this financial mess.

TudorIoan

Mar 16, 2020 3:22pm

Quoting raklian

Disliked

{quote} I wouldn't buy there. That's making the "catching a falling knife" error.

Ignored

Just observing. Not buying here.
No good sign, no good news, no bullish confirmation ...only red, red !

TudorIoan

Mar 16, 2020 3:32pm — Edited

If up to me, I would "break the circuit" even for months until they'll find something to contain C19.
I know it would be like dirty cheating, but equities coupled with the C19 could mean an ugly Doomsday for the global real economy !

Mar 16, 2020 10:07pm

Quoting Maxthetrader

Disliked

Corona vaccine in THREE WEEKS. https://www.jpost.com/HEALTH-SCIENCE...vaccine-619101

Ignored

Seems you overlooked this part: "Once the vaccine is developed, it will take at least 90 days to complete the regulatory process and potentially more to enter the marketplace."

Mar 16, 2020 10:10pm

Quoting Maxthetrader

Disliked

Luvin the doomsdayer talk! Tickled pink! haha

Ignored

It's called REALITY, not "doomsdayer talk." We are dealing in facts, speaking of things that ARE happening NOW.

You will likely be waiting a long time for that bull run.

enarco

Mar 16, 2020 1:22pm

Quoting Maxthetrader

Disliked

{quote} I love posts like the one above. Its a sign of good things to come! Keep preaching your doom and gloom. Push those prices down a bit more so the BULLS can buy cheaper and then the bears will be RUN OUT once and for all. We are at the cusp of putting in the low of the year!!!

Ignored

An entire generation has never known a proper recession. They got to lower rates post the dotcom bubble to pull us out of that. Then the lower rates created the housing bubble and they printed their way out of that. Now after the MOTHER of all bull markets a catalyst created what was to eventually come anyway and now the race to zero is completed and they will try and print a fraction of what they did to create the MOTHER.

This is Japan 2.0 globally now. Demographics in Europe and North America will have an entire generation saving and not spending just so they can live in retirement. Meanwhile another generation will get the experience of what a proper recession looks and FEELS like for the first time.

This market will bounce but get back to those lofty extreme valuation highs? Meh, don't see that for a decade or more. And it will most likely just waffle around these levels for years.

raklian

Mar 16, 2020 10:43am

Quoting TudorIoan

Disliked

They'll buy it back when the trumpets will anounce the C19 dead and gone. But how deep ? Million dollar question... December 2018 low is close now, important support, let's see... {image}

Ignored

I wouldn't buy there. That's making the "catching a falling knife" error.

Mar 16, 2020 8:58am

Quoting RossEdwards

Disliked

Unfortunately the CV19 reality for the US is only starting. And equally unfortunately the current Administration evokes no confidence. As WB once said "when the tide goes out you see who wearing swimwear." The tide going out, and EoD, all the FED can do is temporarily rent out a bunch of towels. Enormous profit in short US indices.

Ignored

Author ^ = NO CONFIDENCE!

Mar 16, 2020 10:26am

Never forget: Bear markets never start on bad news and never end on good news. It is always just the opposite!

This is why we want the news to be downright UGLY and economists telling us how dark it is, before entering the market.

Did you know economists have predicted nine out of the last five recessions?

Mar 16, 2020 12:31pm

Quoting here2there

Disliked

{quote} I don't think there is any stopping a global financial collapse at this point. It will likely turn into a worldwide Depression. Greed brought this upon us, not coronavirus. And now it is time to pay Greed's price. This was inevitable. If we always had leaders who cared more about people than power, we probably wouldn't be in this financial mess.

Ignored

I love posts like the one above. Its a sign of good things to come! Keep preaching your doom and gloom. Push those prices down a bit more so the BULLS can buy cheaper and then the bears will be RUN OUT once and for all. We are at the cusp of putting in the low of the year!!!

xjames26

Mar 16, 2020 10:43am

Quoting here2there

Disliked

{quote} If people are getting a margin call, then it probably means they are using too much leverage. It's better to build slowly over time and protect your investment than to try to go too fast and end up losing it all. People lack patience. That's the real problem in the market.

Ignored

How could you protect your long term investment in futures (indices) let say FEB 24 and so on unless you are intraday trader? I would also like to see success rate in Option trading these days....

Maxthetrader: Don't worry it's coming your way from west/east/north and south... we'll see how you deal with it.

xau

Mar 16, 2020 9:41am

Common Sense: don't trade in these conditions.
Me: Yo, look at these profits!
CS: Black swan event could bring you to your knees, again.
Me: Yeah i know, but when if not now? Don't be a chicken.
CS: Wait a few months to settle down,
Me: Ain't got time for this, look, its tanking, click...

Mar 16, 2020 9:00am

The people who are driving the prices down will one day realize their money is worthless. It's not a time to panic but a time to be brave. But bravery is lacking.

Mar 16, 2020 10:32am

Quoting Domie95

Disliked

Market makers can run huge losses for years...

Ignored

I doubt this happens. Market makers aren't stupid to let losers run that long.

swing77

Mar 16, 2020 8:56am

i miss slogan " MAKE MARGIN CALL GREAT AGAIN"

Mar 16, 2020 9:49am

Quoting swing77

Disliked

{quote} too slow using mini lot....tooooooo long, big lot big boom

Ignored

Lol, too funny! I like your sense of humor!

Mar 16, 2020 10:03pm

Corona vaccine in THREE WEEKS.

https://www.jpost.com/HEALTH-SCIENCE/Israeli-scientists-In-three-weeks-we-will-have-coronavirus-vaccine-619101

Mar 16, 2020 10:04pm

Luvin the doomsdayer talk!

Tickled pink! haha

foto

Mar 16, 2020 10:55am

This event is not going to be a V shaped low. It has to play out and make a bottom to turn sentiment.
Without a Vaccine which is at least a Year in making no financial jiggering will stop the Tide.
Just keep watching for some abatement in Damage then consider going for risk on. It still is early and yet to be learned Long Term effects in most of the World.
Just getting started in Africa and Middle East.

Anything coming out of China presented as good news is likely just a Lie as CCP needs to blame Foreign interests for any second wave reinfections after government tells the tale that things are getting better. Second Wave has potential to Topple government.
Finding truth in it, probably reliable from Japan, South Korea, Italy when it comes to what is really going on.

Mr.Kebab

Mar 16, 2020 12:04pm