Mike
16.9K posts

Mike
@MarketMike
I find the signals Wall Street hopes you miss. Trader. Risk manager. USIC Verified. Coco's human. #1 Dad. YouTube: Figuring Out Money
Katılım Mayıs 2009
555 Takip Edilen42.5K Takipçiler
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@MarketMike I had oral surgery that day, and first thought I would cancel.
But then I realized it would be far better to be on anesthesia and laughing gas for the rest of the day. 😂
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Turn your volume up for this one.
This is real audio from the S&P 500 futures pit at the CME during the Flash Crash of 2010. On May 6, 2010, markets were already having a rough day, down over 300 points on worries about the Greece debt crisis. Later, the bottom fell out. The Dow dropped another 600 points in about 5 minutes. Nearly 1,000 points gone on the day. About 9%, kaboom.
Then 20 minutes later, most of it came right back.
This clip never gets old.
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Watch this and remember it of things get hairy in the next month or so.
A generation of traders have never seen or experienced a market experiencing truly fast market conditions.
Once you have seen it you’ll never forget.
Mike@MarketMike
Turn your volume up for this one. This is real audio from the S&P 500 futures pit at the CME during the Flash Crash of 2010. On May 6, 2010, markets were already having a rough day, down over 300 points on worries about the Greece debt crisis. Later, the bottom fell out. The Dow dropped another 600 points in about 5 minutes. Nearly 1,000 points gone on the day. About 9%, kaboom. Then 20 minutes later, most of it came right back. This clip never gets old.
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This is why I don't just watch the index.
$XLE Energy has been grinding higher all year. A big part of that? Oil spiking on geopolitical risk. That's been the fuel.
$XLF Financials, the opposite. Broke its trendline, selling off hard, sitting near the lows.
The question worth asking: when this oil spike runs its course, does money rotate back into financials? Because that's the kind of sector rotation trade most people don't see coming until it's already happened.

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@MarketMike I was at my desk. Saw everything start gapping down. I remember pulling up some boring stock just for a gut check. Think it was PG. Down. 6%. I watched. 8%, 15%…got up and walked 100 ft to my assoc. “You seeing this??” Bid at like $3 by time I got there.
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@MarketMike WTF! Sounds like a sporting event broadcasting
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How is it possible people are still ignoring the weekly expected moves? Just look at these stats.
11 weeks into 2026. $SPY has been incredibly efficient at pricing in risk each week.
Closes inside: 90.9%
Closes outside: 9.1%
Total tags: 45.45%
Upper tags: 0%
Lower tags: 45.45%
Not one upper tag since week 1 (which is kinda crazy).
Conclusion: If you want to take calculated risks in this market, you need to be calculating risk.

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@TheFlowHorse My trading objective: Make the most amount of money, in the shortest amount of time, with the least amount of risk.
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🧵 Maybe this post can help some of you.
There are a few reasons why I prefer shorter duration trades, and my style gears toward that rather than longer holding periods.
This is not to say that I do not hold trades for long periods of time, there are many instances where I do, but they simply do not represent the majority.
As a caveat, I should start by saying I was trained this way early on and the people trading around me had a very similar approach.
1st - Personality, and this is important, because a lot of you will end up choosing a style based on what you think is cool. The first thing you should do is find what "fits." I like to be close to both the action and the feedback loop, and I get bored easily. Believe it or not, misalignment here is one of the reasons traders struggle initially, and this actually comes in handy for my last point (5) at the end.
2nd - My belief is that mid-frequency trading is probably the most difficult. Over very long periods the market is honest, and over very short periods it can be wildly distorted and create a significant amount of opportunity. The middle ground is where the danger exists. It is also probably the most competitive timeframe, and the hardest one to build a durable edge in.

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@MarketMike is there a stat or streak for prolonged non-touches? (to the upside in this case).
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1 of 2 🧵Credit to @MarketMike who's video today made me look at $DXY market correlation over the longerterm. it really has channeled beautifully since the GFC lows. Coming off the low of the channel, just breaking that micro range now.
If history is any guide... (see next post)

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So you're saying there's a chance. $DE

Market Rebellion@RebellioMarket
“Buy the first pullback after a new high, sell the first rally after a new low.” Linda Raschke:
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@MarketMike Oil rises hurt airlines, so patience pays. The real opportunity comes once oil tops out
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