No explanation put prediction

6 Jun

as the header says; The market is likely to decline down to yesterday's low starting from right now

6 Jun

Catatan

its not that i don't have the time to explain; rather a choice I am actively making since this is what my algorithm is predicting in some capacity while also being a relatively cheap hedge for long holders

6 Jun

Catatan

posted this since there is visibility on my account but also cause it might be someones lucky day idk

6 Jun

Catatan

they're at 8 cents now, mannnnn this is gonna be interesting

6 Jun

Catatan

algorithmically speaking, this is as good as it gets for short holders w/o stops; but time is of the essence. For those who enjoy learning about HFT; this is what you call momentum ignition; made to pop people out of their positions because of fear, while also turning off algorithms that have certain prices that they must reach

6 Jun

Catatan

my exit is just above 592.50

6 Jun

Catatan

for those risk adverse, 597.70 is a safe exit

6 Jun

Catatan

597.86~ at 3:09 is another play for an exit

6 Jun

Catatan

SPY is sitting at 599.95 rn and i'm stressing; but i know this is the feeling that causes ppl to exit and lose out

6 Jun

Catatan

if the SPY doesn't dip below 597.70 by 3:30 then i will be exiting and eating the loss/risk of it actually playing out

6 Jun

Catatan

it is not looking good, moving my exit to sub 587 too

6 Jun

Catatan

SPY at 599.73 rn, this is not looking possible whatsoever (im holding an it is not promising)

6 Jun

Catatan

im holding and i know the risks associated. i have lost a lot of money this way, do not think holding is ideal, when people start losing hope on a dip, a rally can occur

6 Jun

Catatan

being early is as bad as being too late; 0.03 premiums now

6 Jun

Catatan

i'd exit out, no hope

6 Jun

Catatan

SPY reached 599.71, this has to be a loss cause

6 Jun

Catatan

premiums at 0.01, this is dead

6 Jun

Catatan

at best 597.70 at close could make them sellable

6 Jun

Catatan

I am now on the same boat that many other traders here are also on, the SS 'sunk my account' lol