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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (59468)	2/27/2020 6:52:08 PM
From: kimberley	Respond to of 60918

Yes, tesla, spce...the lists of crazy moves has been growing a lot. I always use stops...I know all the arguments about them being targets for mm's, etc. but it's just a hard rule for me. I don't trade too many individual stocks, mostly etf's now, so I have to be very careful. I'm quiet sure the amount of money on real drops vs the damage from a market maker running stops is in my favor. With the 3x etf's the moves are so sudden and big, it's a must with those instruments. I'm sure a bounce is coming...we are so oversold it's crazy, but I'm also considering the possibility that the overnight moves, and intraday moves are releasing some of that in spurts, so while I don't discount some big 1500 pt move up in a day, I'm not sure it will happen like that. I don't have any big plan...just trying to evaluate where we are each day and act accordingly. The guys on the MDA thread are amazing traders, and they are really good about watching my back, so I'm super lucky there. If they see something that pertains to something I'm trading, they are very good about posting it. This has been an interesting experience, to put it mildly, lol