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SP500 futures short for about $4.2mill Thought I caught the market at the top, but Nvidia earnings solo carried the market. Now the debt ceiling deal may also be resolved too soon.
What should I do now?
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99% of gamblers stop just before they hit big
tell your broker that you’ve raised your debt ceiling too
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Don’t Bet against America… all they do is just print more money.
Regards. I was having a bad day, but this is quite something. Have a reward on me.
Lol tell us when you sell, that’s when we all need to short
Hold.
Now that the US resumes paying their debts. Default risk is gone for the next 2 years. People will take money out of equity to buy bonds again
Hold as long as ya can, don’t avg up anymore you need the extra leverage to secure the position if it goes even more.
This will be a a profit within 2 weeks if you can manage to keep it open.
Hold for at least 2 weeks. View my last post. From 2011, even after the debt ceiling crisis was resolved, the market took a dump. And it was because investors started pouring money into US treasuries/bonds and out of equities
https://imgur.com/a/fwbUhXy
You have to print more money.
To be honest, you’re not wrong. This market is crazy. Boomers keeping their lives at ease again not allowing a correction. It will all unfold when they finally retire and millennials / GenZ will have to pick up the pieces….
Have you tried restarting the phone? If that doesn’t work, delete the app, put the phone in rice.
No matter what you do, don’t pick up when Marge calls. She’s just a negative bitch
In my personal opinion and chart analysis we need considerable buying pressure to break above 4200 and actually make a move to 4300. Buying pressure that I don’t think we have. I’m personally going to be buying puts because I believe we sell the news. Debt ceiling was already baked in. Should be some controlled selling back to 4100 as I see it. I’ll be planning my next moves there
The daily marked to market maintenance requirement for this position is only $224,000. This is not a $4.2mm position, and it only moves $1,000 per 1 ES point.
With your position being down over 100 ES points, you either have a regulation T call on your account that will auto close your position tonight at 1am during mark to market, or you have to deposit cash into the account to top up to $224,000 to maintain the position.
Do you enjoy lying on the internet?
>If you are still bearish on the market, then you could consider shorting another index or sector. Alternatively, you could wait to see how the market reacts to the debt ceiling deal before making your next move.
What’s the strike price?
I hope you’re not married. Ask your wife or her boyfriend for the money? Go for the moon.
Brother with 4 mil is asking broke Wendy’s blow workers what should he do…
I take donations….
All R nothing!
https://preview.redd.it/90fjq4t49w2b1.jpeg?width=586&format=pjpg&auto=webp&s=55c01a9d7cf0ea4221147dd723d900125c143127
Hold it to -4 million
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I don’t know anything about trading futures but I’m pretty bearish short and medium term.
Looking now, stock futures are barely up. If that’s all the bulls can do we might flip to the downside soon.
Cut the loss and come up with a new scheme to make it back. Clearly risk management isn’t really an issue with you, so you only need to be right once. Just patiently wait for a super good trade and go all in.