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I agree "all or nothing" has too much at stake. I live in the gray areas when it comes to investing, or as it's formally called, "allocation according to my time horizon and risk profile." No one has ever showed me a better way or accurately been able to tell me exactly which day I need to sell all (or buy all). Anyone close to or within a year or 2 of retirement should take stock (pun intended) to make sure they have an allocation for "short term monies needed." 1 yr in cash and 2 or 3 more years in less risky investments that won't sink them for a decade is the aim as retirement is reached. Obviously if someone is 5 years away, forget what I just wrote and let 'er rip.
Yep, pretty much. I'm 8 or 9 years from retirement, but I may semi retire sooner. It's tricky. I want to have something in bonds/stable value, but not too much.
Went short again @ 22043 (Dow mini futures). We'll see. Not believing this rally.
Best thing is not to engage in these kind of threads if you are trying to trade. If the thread is negative on the market, it attracts people who rush to defend the stock market whenever they feel threatened. You end up in a situation where people just harden their positions just to be contrary and drop any objectivity. Also, you didn't present any background information for your opinion so it comes off as an attack to some people.
2474 gap fill would be the target to place a short. It is almost there, but it is not the kind of "end of bull market" trade you initially posted unless you're changing from buy-and-hold for bull market to a swing trader in a bear market.
The symbol for the Dow mini futures is YM. Probably a bluff. Remember in the original post he seemed to regret not shorting the Nasdaq over the Dow because it was the most overpriced of the two. He claimed to have done the same thing again. Also, why sell your whole portfolio to just sell index futures? It is an entirely different vehicle.
For those of us who don't know exactly how this works, what did you do to "short the market?" Pretend you're explaining this to a child.
It's the opposite of buy low/sell high, it is sell high/buy low. In this instance it is selling now and buying later when they are banking on it being lower. I'm not exactly sure how it works but you sell now, then at a pre-determined date you are required to purchase. Again the idea is your sell price will be higher than the buy price down the road, OP is betting on a market drop.
It's the opposite of buy low/sell high, it is sell high/buy low. In this instance it is selling now and buying later when they are banking on it being lower. I'm not exactly sure how it works but you sell now, then at a pre-determined date you are required to purchase. Again the idea is your sell price will be higher than the buy price down the road, OP is betting on a market drop.
You can also buy puts on the market. There are kinds of puts out there, especially for QQQ.
For those of us who don't know exactly how this works, what did you do to "short the market?" Pretend you're explaining this to a child.
Let's say you think the S&P 500 is going to crash like the OP of this thread thought. You could short sell SPY and you would make money if SPY goes down OR you could buy an inverse S&P 500 ticker such as SH, which will increase in share price if the S&P 500 goes down.
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