I love that one: "Stick to your losers, sell your winners" is a recipe for wealth building right lol?
Ever heard of two guys' work on the "Disposition effect". Check it out: Daniel Kahneman and Amos Tversky.
Google it, you'll be glad you did. Thank me later.
Didn't expect the action to be this wild today though.
Looks like shorties were running for cover.
Burry, Druckenmiller, Tudor Jones, all of them inflationistas luminaries may have spoken a little too soon lol.
Win some, lose some, c'est la vie...
Each trade is an opportunity to screw it up. At least for little ol' me. So my guiding principle is "cut losses. let winners run". Therefore I kill my losing trades early and let the winning ones stay on. Forever. Or almost.
Works for me.
Guy has a way of taking something complicated and making it totally unintelligible lol. Conflating two totally different issues: 3 month Tbills yields turning negative because dearth of collateral (Mostly because Treasury is running down its account at the Fed rather than issuing Tbills) and 10...
How's that trade workin' out for ya, buddy? "Little price risk" lol.
Go ahead and double down: if it was good to short the US 10Y at 1.75%, it's even better to short it at 1.30%.
Or maybe your broker stopped you out?
Remember the short Japanese bond trade. They called it the widow maker for a...
Who's with me loading up on ZB and TMF?
Make some noise! $$$!
'member ole Warren? "Be greedy when others are fearful". Now's the time!
P.S. Lawyerese BS: Not an investment advice, I'm not an RIA, Don't try this at home. Ask your mom/social worker about it.
Why do I get so much bull crap anytime I'm asking Elite traders? Definitely is an oxymoron.Stay on topic. And if you don't know, refrain from comments or say you don't know.
Never buy below 200DMA is a rightful tenet.
What if there's a discrepancy between 200 DMA/day and 200 DMA/week? Case of TLT at the time of this posting.