3/4 Thread (General):

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Buckle up.

Certainly not a buy the dip moment. Compare European markets’ charts to the SPX. We may be following them down a similar path.

Risk management over YOLO here.

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I’ve taken my index shorts down to minimum position size.

Added back SOXL and TQQQ. At 70% positions now. May make them a day trade if we rally into the weekend as the indices are hovering at my line in the sand

SPY at 428, needs to stay above on the weekly close or else I'll have to get more cautious.

QQQ below 338, so it needs to rally EOD to close above. Otherwise, bears coming out of hibernation

To be clear, I’m not going long. Just getting less short.

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Additional Posts in Option Traders & Investing

7/8 Thread (BC):

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Why is the VIX down today considering how volatile the markets have been?

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10/12 Thread (General):

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Will this be worthless tmrw? Should i close this out to get some money today? I think uber will go down more tmrw. (Picture attached). TIA

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12/30 Thread (BC):

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BB and NOK🚀🚀🚀

Good short AND long term plays. Gains regardless. Get in before FOMO LETS GOOOO

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10/05 Thread (BC):

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