Nonbinary_Tea

Nonbinary_Tea t1_ja6pl62 wrote

Honestly TA is basically astrology and has a very bad reputation around here. You would be better off asking this in r/daytrading where they drink that kind of kool-aid.

This isn't about trading here its about betting and entertainment around...certain types of.. trading

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Nonbinary_Tea t1_iyeb2wc wrote

It's really hard to say if there will be x or y in a market as volatile and unpredictable. Many think for sure based on x to be true, y must happen. Like today when rates go up, generally equities go down. But many puts just got liquidated..or are about to. You really never know.

So if I knew for sure a recession were coming id make bets based on that hypothesis and wait for confirmation in whatever way I could to justify that position.

If recessions happen you may want to look at calls on staples- idk about India but in usa that'd be consumer defensive plays.

If war is coming you naturally look at defense stocks

If recession is coming you stay clear of banks, or you may want to put some bets that banks will decline (they typically do).

You'd be looking for whatever trends you can find from previous recession to give you an idea where to bet what.

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Nonbinary_Tea t1_ixtfomm wrote

Reply to comment by S-U_2 in It was nice knowing you guys. by cyuvlol

Iron condors are built for what you just generally described. However these are bets and high risk high reward which are highly regarded. You wouldn't likely make 5 fig on an ic of spy for that time frame and it wouldn't get as many up votes

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Nonbinary_Tea t1_ixtfbml wrote

Crystal Ball says it'll be red Monday. Almost half of the week was green for no apparent reason. I'm up 100% on psny there's definitely a profit taking coming Monday

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