Given the macro-economical context and the relentless buying on the stock market, I think we're due for some trouble and volatility. i might bid 7k for a swing but i don't have much conviction and will wait to see which levels hold, if any. staying short and playing the short game until things start looking attractive again.
Trade closed: stop reached:
Obviously got BTFO on this one, but recovered in May 2021 when I shorted the top in may, bought the bottom and sold again eoy.
2020 was not good to me, I kept getting blasted while thinking a revisit of the bottom was due with everything that was going on. I kept shorting a range of different assets for the rest of the year and kept getting rekt.
2020 was not good to me, I kept getting blasted while thinking a revisit of the bottom was due with everything that was going on. I kept shorting a range of different assets for the rest of the year and kept getting rekt.