This is wild. I've been trading for 10 years now and tomorrow may be one of the crazier days I've seen. Dow futures already implying over 600 point drop at open. In hindsight I should have sold out of all my positions today. Tomorrow may be a real good buying opportunity.
I do wish last night that I opened a short before DAX futures closed. Roughly 6:15 minutes ago was last time to trade DAX futures. http://www.bbc.com/news/politics/eu_referendum/results
All of my 3 positions were planned for long-term. I know they'll take a beating in the next while, but I think for long-term the upcoming few months, or even year or 2 years, will be another good opportunity to start long-term positions or average down. Problem will be determining when to enter...
Congrats to anyone who shorted. I did not think the BREXIT camp would win. Very uncharted territory here...it will be an interesting summer.
Really? Why do you say that??? Please tell me there is a good reason. I did actually buy PCLN puts today(wish right at EOD, same price, but time killed it) but noticed they had to move like 6% to get in the money and they expire tomorrow.
Because they have alot of their business in EU and it was moving up so fast the last 3 weeks you will be like 5000% at the open.
Who ever bought them weekly SPY puts this week just struck the winning lotto ticket. Soros was bullish on Gold and bearish on the FTSE along with the GBP. Those 3 looked like great plays for him
It could maybe be a quick bottom if the central banks really put it on, but who knows? All I know is I can't sleep tonight now. Too bad my day job assigned me some mandatory overtime starting at 10CST until market close. Maybe I won't have to worry about that much anymore though soon. I have everything that expires tomorrow on limit sells for relatively extreme moves, 8-10% on things like GOOGL, TSLA, and PCLN. I have some other ones for next week or the VIX 21s are for July 6, so I might keep those for a while unless that big quick bottom happens. Oh, I have them set because there is a good chance most of us won't be able to login tomorrow for the first 15 minutes.
Speaking of login lol.. WTF is up with that Shi* these days?? Takes forever to log in as if they do not want you to log in to make a trade. I have a perfect internet connection and when I go to log in or even trade I get that damn spinning circle crap
How FittinG opk First DayOnThe Nasdaq Is Today On A Huge Gap Down, What kind Of PaiN Should I Expect? 10%? 15%? Either Way Im Glad I WillGetAnother ShOt At Finally Being Able To Buy More Without Violating My Cost BasiS Hopefully. I Need Below 8.50
