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lunsmoke

05/05/2020 20:38

$ProShares UltraPro Short QQQ algo lost this one too, -10% from Friday's close would be 11.36, and the intra day low was 11.34. Just by a hair. Doh. 12 W and 5 L. Two losses in a row: TVIX, SQQQ.

SPXU, PSQ, SH undetermined.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(2)

Easy Rider05/05/2020 21:23
They shake it well to trigger all stop losses. If you don't have conviction, you'll be losing.
I hope it'll open green tomorrow. It didn't reach my entry point by 20 cents today.

bankNOsquare05/05/2020 21:32

i used to feel the same, but if you look at the indexes and thier exposure to different market sectors you see Tech doesnt just have an out of proportion stake, but it also comprises a large number of the largest companies out there...maybe im the naivete one haha i dunno

lunsmoke05/05/2020 21:26

Lots of people believe this. I think the market is too big for anyone or any group to do this sort of manipulation. Maybe I'm just naive, which could be.

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bankNOsquare05/05/2020 21:06
Big Tech flexin on the markets haha...they weaken daily tho...just a matter of ⏳⏲🕡

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Remember to repent forgive and pray for the world and the president.
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