We stopped out of STRL today after I just put it on yesterday.
This market is very tough for long and short swings.
We had such a run on SPY up till August 1, doomsday.
It's been a tough few weeks. What I can tell you from experience is that periods like this have happened before, and they'll happen again. It doesn't mean they're not tough, but it helps sometimes to zoom out your perspective at times like this.
Some of my best win streaks have come right after a period of losses. Things went from seeming terrible to being all rainbows and butterflies. I'm not saying that's about to happen here. There is real risk involved, and no one can say for sure what will happen next. What I'm saying is that if you stick with trading long enough, you'll see that nothing lasts forever, and for me that knowledge helps me stay grounded through periods of losses.
In the discord we have been shorting and scalping day trade longs.
Day trading is much easier than swinging in these market times.
SPY is coming down to my 437 target as I type this. Under that to 435.
Not sure if Burry is right this time about the market crashing, but we will be ready.
GUSH is sitll holding up fairly well and our oil swings are doing okay.
Just use stops and if SPY goes under 435 we may be in for a rough ride.
This will end though. Just a matter of time.
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