Monday, March 9, 2020

Struggling to find anything

  • Having a hard time looking for some long setups.
  • Market sentiment has been bearish across the board: Philippines, Hong Kong, Japan, London...all red. 
  • I'm pretty sure that the overall market in the US will be weak and that my pullback setups probably won't be working that much. So I'm quite glad that I don't have any right now.
  • I could of course try to short but I already know that this will be a losing proposition for me. First, I don't have experience shorting. Second, there will be a HUGE buying once this COVID thing subsides (who knows when) and I do NOT want to get caught on the wrong side of that (downside is UNLIMITED).

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