you Guys have an AMAZING thread!!
I like to Buy SPY call & Puts sometimes but STOCKS seem MORE predicatble:
except for these:
Should I stick to What I Know ??
Was thinking about the S&P futures but you need $25K to start right?
This is KRISTINA in KY
I don't know how to tell you what to do. It just comes with time.
Everything I do is based on the idea that the only time to buy is when there is nothing for sale. And the time to sell is when there is to much supply around.
Bulls only buy when there is no supply because they know that the sellers are shorts.
Thus PCLN and NFLX. No float = no supply = they will keep buying until the shorts give up.
Im really talking about your chart reading. Im not clear on vwap,,supply,, etc. etc.
You seem to have a good read on what is probable. Charts are not my strong suit but I want to get better.
I only trade the futures. Stocks are too hard to deal with.
Futures are just mechanical....real simple. No one wanted this crap and in the end the piggy caught a few shorties who always short lows....NO strong buying. Went to the supply line and did a little squeeze.....failed 3 times to even get to globex so I jumped on it. take it up over a down trending supply line and I will sell it. really never more than a 40000 net long position anyway....so they really were just playing with it. They still have over 1,000,000 units to get out of. lots of luck with that.