Selling could be exhausted.

28 Şub

Excellent few trading weeks,. During this time we've done over 30% profit on low risk (for context, our max drawdown to get that is less than the SPX drop of the high, and we've done 3 times the annual SPX average in a little over a week) with the best trade coming yesterday paying close to 3,000 on OTM daily puts.

But I feel the tides may be turing. We maybe see a capitulation wave 5 in the end of yesterday.

I do longer have a bear bias for the immediate future.

Exited all indices/crypto and stocks shorts.

28 Şub

İşlem elle kapatılmış

Changed my mind. I think it was just a bounce level. Out longs/in shorts.