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Posted on 9/16/22 at 6:00 pm to Trader82
quote:
I have been doing this long enough to know: Being wrong in the short-term is of little consequence, as I will likely be right in the long term.
Full time personal account(s) or are you with a prop shop? Don’t mean to pry. Just curious.
Posted on 9/16/22 at 7:33 pm to Jag_Warrior
quote:
down 7% was plausible Monday.
Good lord i hope not but it is Sept so anything is possible.
Posted on 9/17/22 at 9:06 am to Trader82
quote:
I'm wrong, then I'm okay with it. A rally would be welcome as I would be happy to add to my position.
Yeah, I'm good with being wrong, too. The circuit breaker comment just caught me off guard.
Do you have an example of what would trigger it? That would be an amazing profit opportunity if you're able to predict a move like that. It's technically possible to gap down to 3620 area, but it would have to be unexpected news causing it, imo.
Posted on 9/17/22 at 10:44 am to FLObserver
quote:
Good lord i hope not but it is Sept so anything is possible.
I don't think that big of a single-day drop happens unless we get signals from the Fed that more than a full point increase is possible for Thursday (especially if we continue getting businesses revising Q3 projections downward).
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