Replies to post #341667 on SPDR S&P 500 (SPY)

[Vandalayind]

Yea it does. Cost averaging the only way to go.

Swing trading sketchy up here in the stratosphere.

Some big names off 30% or so from their highs.

[nowwhat2]

Up-gap / Selloff - 418 - I'd be buyin' Puts https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=spy&x=43&y=20&time=18&startdate=1%2F1%2F2020&enddate=5%2F23%2F2021&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



Some of it'll be wonderfully "actionable" whereas much of it'll merely be fluff.....











America doesn't reveal its' hand as readily...






















Up-gap / Selloff - 418 - H/L 417.94 - 416.83 https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=spy&x=43&y=20&time=18&startdate=1%2F1%2F2020&enddate=5%2F23%2F2021&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

It's BEEN the trading range


And now ?



Currently thing is in Clonk-Mode right now.....In harmony with Australia and the top 2 charts


Bejing was flacid last night



SPY last 417.7 - It's The New York 418 Show !

[NewYorker567]

Most daily option players lose IMO because the market has a way to have most traders minds always against the current market trend. By when your mind is bearish the market turns bullish and viceversa you turn bullish and the market goes bearish. Daily traders minds are never in sync with the market and insider manipulators know it and play it really well. Some say there’s brain wave manipulation through messages in comps and cellulars and other stuff to set your thinking opposite to the direction they’re using but I don’t know about that though I believe e thing is possible these days.

What I see is all trading companies are working very hard against you making a profit and robbing you every way they can when buying and selling. Just like banks. Schwab as I mentioned is really bad now even slowing your system when selling at a profit. There’s all kind of ways to make most lose protecting insiders and the system.

[Porgie Tirebiter]

"And somewhere in the middle, all the options players will lose."

Not at all. Options can be quite lucrative, once one is able to grasp that they are a vehicle to hedge/sell implied volatility and not to make directional bets with.