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How many shorts have to lose their money before they accept we're back in a bull market cycle? I tried to short the breakdown below 990 the other day and you know what happened. Do yourself a favor and at least wait for some committed selling activity. Better yet, use the next pull back...

jjftw is right - that's how they work - they are VERY short term trading plays, not buy and holds.

Since SEPTEMBER, I have been watching CNBC analysts and "experts" say repeatedly that "everyone is bearish, now is the time to be bullish." So you go right ahead and start buying. I am in cash and staying there until we get some solid evidence that this bear market has run it's course.

I seriously wonder about the people on this site. I have been watching Brian Shannon's vidoes for months and find them very helpful. Those videos are 100% free. Free isn't good enough for you? You want him to pay you to watch his videos? I also bought his book and found it to be...

Thank you all for your responses. I am sure my question probably seemed amaturish, but then again, I am an amature who is new to this. I appreciate your willingness to help. I do notice that much of the advice conflicts with what I read in Elder and Murphy's books, though the breakout idea...

I am new to the world of trading and new to this forum too. I have been studying up on trend trading, because it seems like a good way to get solid returns when timed correctly. My current plan is to trade the intermediate trends, holding positions days to weeks (maybe months if they just...

By the way, I did some math. At your current rate of return, you'll be worth $590 million in 10 years.

retire45, let me see if I understand this. I read this whole thread and you spend most of the time complaining about your poor trades, but you have taken a $30,000 initial equity and turned it into $90,000+ in less than ONE YEAR?? First, learn to think more positiveity, your results are...