So all this red today because faggots are holding their collective breath and praying the fed comes out tomorrow saying they’re gonna keep pumping. Anything less and we’ll see a major dump.
Tyler Brown
See Also since the sentiment here is turning bearish, this is bullish af.
Put a stop loss order somewhere around the red line, assuming you have a position in SPY or something. Note that you're not supposed to snuggle your stop right up under the range there. Market is very fond of pushing prices just a teensy bit below establish ranges to snipe people with tight stops like that.
fuck it ill buy tomorrow now what exactly does a stop loss do does it just automatically sell your stocks if it goes under that line? also what stocks should i get for this an index?
William Jackson
Just hold onto it. I scooped some up today at $5.70 before close. Always hold. Better to have the potential than to take a realized loss.
Hudson Clark
What does Zig Forums think of the fact that put/call ratio is sitting around 1.8 for indexes, and 0.5 for equities?
Why do oil degenerates not just buy calls? You literally could make several times the money if "OIL EVENTUALLY GO UP" in addition to getting the underlying if you really wanted it.
Oliver Anderson
A stop loss will sell your specified amount of shares once share prices reach a certain price that you set.
Angel King
>what exactly does a stop loss do does it just automatically sell your stocks if it goes under that line? A stop sell order will sell your shares at market price if the stock trades at or below the price you enter for it. investopedia.com/terms/s/stop-lossorder.asp
If you want to trade the S&P, I suggest SPY or VOO. If you want extra leverage there are other ETFs for that. SPY and VOO are 1x.
And by reach I mean fall to. Like if something is dumping hard, a stop loss will sell your shares at the price you’ve set to prevent you from getting completely fucked.
Blake Martin
Tried but the volume wasn't there and the bid-ask spreads were all fucked up.
