Hello traders! What an amazing week, if you were shorting oil! I was in and out on day trading doing both shorts and longs, but to no avail. It seams the more I made on futures, the more I lost on my stocks. The problem trading futures from the same account you trade stocks is when weeks like this occur and you lose margin as your stocks fall, wiping out your futures gains. Eventually things will bottom out and reverse, and that should be soon as it looks like we will retest the 2018 low of $42.35. Then things should start going back up.
Do not be fooled, this is not because of the Coronavirus. The Coronavirus is being used as a front for whatever is going on in the background. That can only be to further enrich the ultra elite. Think about it. This virus has killed less than 3000 people and the whole world is in a panic? This is less than 0.002% of the population of China alone. The flu has killed 18,000 people in the US alone in just two months. Nobody is panicking about that. Just a thought.
I am proceeding with extreme caution. I would suggest staying short term in trading until things normalize or just stay out to be safe. No telling if things will just start exploding the other direction or just creep back up. Be careful and I wish you all the best.
The ideas expressed here are my own. Yes, I believe in conspiracies. The world runs on conspiracies. Please like if you agree.
Do not be fooled, this is not because of the Coronavirus. The Coronavirus is being used as a front for whatever is going on in the background. That can only be to further enrich the ultra elite. Think about it. This virus has killed less than 3000 people and the whole world is in a panic? This is less than 0.002% of the population of China alone. The flu has killed 18,000 people in the US alone in just two months. Nobody is panicking about that. Just a thought.
I am proceeding with extreme caution. I would suggest staying short term in trading until things normalize or just stay out to be safe. No telling if things will just start exploding the other direction or just creep back up. Be careful and I wish you all the best.
The ideas expressed here are my own. Yes, I believe in conspiracies. The world runs on conspiracies. Please like if you agree.