Rates are crashing and fuel to the moon!
Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.
Page 353 of 1040
-
Chieftains, Siinman, supergreatguy and 1 other person Thank this.
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
D.Tibbitt, Midwest Trucker and Siinman Thank this.
-
HaulinConestoga and Siinman Thank this.
-
Entered SPX 3900p (puts which means betting market drops) 10 contracts for $3,700.
Sold 10 3900p for 5.90 ($5900)
so $5900 - $3700 = $2,200 profit in that move. Total time of holding those contracts was 11 minutes. $2.2k in 11 minutes. (1 of 3 trades for the day)
So my BUY was at the top circle, which correlates with the TTM squeeze indicator (bottom screen, you can see the blue go to yellow which means buyers are stepping OUT and SELLERS are stepping in) that showed me that the momentum is reserving so I entered. When I sold, I used the same indicator to see that buyers are stepping back in. Again, my position was betting the price DROPS.
hope that helps? HahaEldiablo, Midwest Trucker, dwells40 and 3 others Thank this. -
LoneRanger and HaulinConestoga Thank this.
-
SL3406, PoleCrusher, Eldiablo and 3 others Thank this.
-
PoleCrusher Thanks this.
-
Anytime size and weight increase come up OOIDA cries about safety. Really it should come down to if you don’t want to run 97k gross on 6 axles then you should leave the industry. Speed limiters aren’t safe according to them, but really they should step out of the discussion. If you don’t want speed limiters you should just leave the industry. That’s basically what you’re saying, right? Since you say that if someone doesn’t want to run a 2 mile long train all by themselves with no other crew they should just find another job.tiddlytanker Thanks this. -
dwells40 and HaulinConestoga Thank this.
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 353 of 1040