Do you think this bear market will continue through the end of 2022 or not? Let me know what you think! :) 🔥 START YOUR FREE 7 DAY TRIAL WITH MY DISCORD HERE 🔥 * Watch my video about the Discord here: kzbin.info/www/bejne/m3-bkIV4oNOboM0 * Sign up for your FREE trial here: launchpass.com/options-trading-with-scott/discord-member -------------------------------------------------- 🔥 START YOUR FREE 30 DAY TRIAL WITH OPTION ALPHA 🔥 * Watch my video overview of the Option Alpha platform here: kzbin.info/www/bejne/i4OngIZ4gMR3mKM * Begin your FREE trial here: optionalpha.grsm.io/y1pqhikwh1lg
@dedysetiadi28512 жыл бұрын
I agree with your analysis. Looking for this bounce to go as high as 407 @38.2% fibb level drawing from ath to recent June lows. Let’s see what Mr. market does
@scottreesetradinginvesting79362 жыл бұрын
Looks like Mr. Market has bounced indeed haha. I think equities will try to push a bit higher on Monday, but I'm definitely looking for a reversal very soon.
@enricosaccheggiani31922 жыл бұрын
Great video- compliments Scott, great contents
@billklein52252 жыл бұрын
Scott, would like to see a video on Ways to reduce risk of a portfolio. For instance, it strikes me that a portfolio made of strictly technology stocks would be much more open to interest rate risk than a portfolio that also included banking and gold stocks. How do we devise a set of underlines that keeps us from experiencing an inordinate amount of this type of risk.
@scottreesetradinginvesting79362 жыл бұрын
I'll keep this video idea in mind, but you may want to check out this video of mine... kzbin.info/www/bejne/eJvTdJKBgMuJfs0 The best way to create a well-balanced portfolio in my opinion is to keep your beta-weighted deltas balanced. By using a mix of bullish, bearish, and neutral strategies, you can create a portfolio that can withstand some pretty major market moves.
@BOGsaHtrade2 жыл бұрын
Thanks again Scott, and I agree that macro headwinds here and around the world will continue a bear market with high probability. If SPY breaks below that 390 line, I’m hoping for 345, minimum.
@michaelheyn24842 жыл бұрын
Down $7k on my 1 ES short, and intend on scaling in with 2 but I'll stop this one out. I thought this might be a good bounce week, and thought about going long, but instead went short fearing I'd miss a further downturn. Definitely hard to make decisions on this here. I'm still bearish, but I'm wondering whether or not I should even hold 1 short until ES hits 4000 or 4100. hard to let go of this loser though, wouldn't want to miss out on the good downside. The current plan is probably to handle the account drawdown up to 4000 or 4100, and then when scaling into 2 shorts set a stop for 200 points once I believe a reversal is imminent, limiting to 1 trade per day to "average out" my peak guesswork
@michaelheyn24842 жыл бұрын
playing with fire and getting burnt ha
@scottreesetradinginvesting79362 жыл бұрын
@@michaelheyn2484 You definitely have a much higher risk tolerance than me haha. Best of luck on these trades :)
@cknight34572 жыл бұрын
Today was a good day. Made $60 swing trading ACI and $70 on a short call position on CWH. You're correct. There's more pain on the way. Getting ready to sell call credit spreads next.