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Don't throw your keyboard after a bad trade, it won't work anymore. George Soros

I'm going to go out on a limb and say most hedge fund traders are total hacks.....

I'm 99% sure he uses price drivers.

WHOA BRO!!! YOU'RE SHORTING???? Surf says long is a must. He also has a mysterious catalyst that he can't divulge just yet! You're going to fade that?!?!?!?!?

Don't eat oranges while trading. Your fingers will get sticky. Paul Tudor Jones.

I think I just demonstrated why it is a decent indicator. It isn't what I use to make my trades however. I was simply making the point that S&P is mean reverting. Which is why buying the S&P right now is trading without any grasp of probabilities. Nothing usually happens to make a "trend"...

Yeah can we stop the thinly veiled personal attacks. I agree with ammo.

You're still not listening to what I'm saying. I never said that markets can't continue to move in one direction for a sustained period of time. What I am saying is that after 4 or more up days market returns over a 3 to 5 day period diminish greatly. I'm not going to run the numbers right...

I've pulled up the charts. You can back test it. That's true, "some" runs are very strong but it still doesn't change the overall mean reverting action of the market. The last 18 months have been an anomaly. Are you telling me that you are objectively looking at the market buy simply...

That's why ammo is still here and why I can remember him posting years ago. Unlike many in here who are flashes in the pan. Most good traders buy dips and sell rallies. Also funny how hot and bothered all the bulls are right now. I got a feeling the market will dish some pain in the next...

It's completely relevant. Short term, within 3 to 5 days, returns diminish greatly after several days of rallying. It means nothing for the long term however.

ROLL TIDE JOHNNY!!!

It doesn't take long to notice that the people who gloat don't last too long. I don't think Pinkie has ever really been to much of a gloater/bragger.

Lol, the gloating never ends in this thread. Bears or bulls, it doesn't matter.

Ermmm........ LOL:confused:

You're down 45k.... I'm not going to do the math but I have to imagine that margin call has been hit already.

No reason to be a dick.

Lol. Yo stock, why you so mad bro?

I love Pinkman, aka el presidente, but I can say with a fair amount of certainty his strategy is not viable in the long term. There are plenty of people here who make money. It just looks like only certain people are making money because the last 18 months have really only fit one strategy...

What's the other exposure to VIX in your account?