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Stock Market/Investing/Day Trading/Speculative Trading Thread

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Stock Market/Investing/Day Trading/Speculative Trading Thread

For anyone that trades ES futures, 5300 seems like a huge level of support and resistance for the entire market. I went short yesterday and liquidated at 5200 to avoid the circuit breaker. If you’re in ES or MES do you think 5300 holds? (530 if you’re in SPY). Or will we erase yesterday’s gains by this time tomorrow? I’m leaning towards the latter (unless we get a Trump bump tweet)
 
For anyone that trades ES futures, 5300 seems like a huge level of support and resistance for the entire market. I went short yesterday and liquidated at 5200 to avoid the circuit breaker. If you’re in ES or MES do you think 5300 holds? (530 if you’re in SPY). Or will we erase yesterday’s gains by this time tomorrow? I’m leaning towards the latter (unless we get a Trump bump tweet)
Futures trading is not for the faint of heart. ♥️ that you’re able to do this and be successful.
 
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I know some people that do very well with it. I don’t have the balls to do it…and I’m ok with that.
Don’t trade futures without using a sim account for at least a year (ideally during a bear market, trading daily). I’m somewhat lucky. I started a commodities fund in college and turned it into a hedge fund career in NYC for 12 years. I wouldn’t trade futures without some experience!..
That being said, holy shit what an amazing trading environment these past two days!!!
 
Yeah GIF



Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’​


Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’
As President Donald Trump’s back-and-forth on trade policies creates chaos in the financial markets, some fund managers are questioning the rationality of his decisions.

“In the last few days, we have had many conversations with macro fund managers,” Tom Lee, the head of research at the financial analysis firm FSInsights, wrote on Wednesday morning, before Trump backed down from most of his tariffs on U.S. trading partners.

“And their concern is that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology,” he added. “A few have quietly wondered if the President might be insane.”

Lee’s comments were highlighted by The New Republic.

He blamed Trump for the economic consequences, adding that “multiple officials have stated they do not want nor expect a recession. And there are enough economy-savvy advisors that they are aware of this. Moreover, the two-to-three percent fiscal stimulus needed to reverse a recession would negate any promised cuts to government spending.”
 
Yeah GIF



Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’​


Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’
As President Donald Trump’s back-and-forth on trade policies creates chaos in the financial markets, some fund managers are questioning the rationality of his decisions.

“In the last few days, we have had many conversations with macro fund managers,” Tom Lee, the head of research at the financial analysis firm FSInsights, wrote on Wednesday morning, before Trump backed down from most of his tariffs on U.S. trading partners.

“And their concern is that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology,” he added. “A few have quietly wondered if the President might be insane.”

Lee’s comments were highlighted by The New Republic.

He blamed Trump for the economic consequences, adding that “multiple officials have stated they do not want nor expect a recession. And there are enough economy-savvy advisors that they are aware of this. Moreover, the two-to-three percent fiscal stimulus needed to reverse a recession would negate any promised cuts to government spending.”
Imagine thinking a recession would be good.
 
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