Originally Posted by lewdog:
I'm 100% cash in my trading account after closing only 1 open position I had this morning. A small correction can turn into a 5-10% correction quickly, and I'm not about to guess where we are headed.
October and November were both good trading months for me. No reason to give those gains back now.
Days like today suck...
Day after holiday = thin trading
Friday after holiday = super thin trading
Spooky headline on Friday after holiday = volatile, super thin trading [Reply]
I don't post much here, but this is getting interesting. History shows inflation will raise its ugly head, and then deflation. Today's markets may be a sign. Stocks, crude, and crypto took a dump. We may have started the deflationary part. Then it's off to the races.
Not advice. Just seeing unsettling things going on. [Reply]
As a buy and hold guy this is some suck but it will bounce back. As a guy who's been selling puts it really sucks. In the end I think it will work itself out. On a day like today I don't even look though. [Reply]