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Why don't you believe it? It happened, happens and will happen. If many lost a lot of money the 24th of August, sure few won a lot of money. Makes sense. Remember, Paul Tudor Jones was up +9% during black monday when everyone was down -25%. So everything is possible with markets. CM

Sorry but I didn't know we have a former winner posting here? I know David Ryan, Mark Cook and Minervini. They are all top traders but Marty Schwarz was the only one to win 9 times this championship ! CM

Dan Zanger? Man, be serious, in 1998/1999, the less risk management you applied, the more money you made. This guy was a gambler, not a trader. Moreover a marketer, everyone should know his "fantastic performances", thanks to Guinness Record ! If he was so good, he would be billionaire like Paul...

Being wrong is normal when you are a trader/investor. You can make lots of money and being wrong half of time. The greatest made enormous mistakes : Soros, Druckenmiller, Robertson etc. But that was their good reaction to bad trades / luck etc. that explain why they are still rich. If you don't...

Sorry, but I trade derivatives & trackers, not stocks. Anyway, for "intellectual purpose", I will buy Telecoms stocks : Verizon, T Mobile or Sprint if possible (floating is low). CM

Good question, specially yesterday when majority of S&P stocks is at least minus 2 percent . It seems we are in a bear market or at least a big 2011 correction. So one major position for managers will be cash. Yes cash. Then maybe they will switch for big "defensive" stocks. (or rather what they...

Of course it is technical ! Why is Apple down 4% today? Any news? Nope. Institutionals are selling like hell, because Apple is overweight in their portfolio. Why was Apple down 45% in 2012/start of 2013 ? Because of fundamentals? Of course not. Institutionals were selling like hell, because...

why are? were not too price sensitive. Well you've been trading this stock since 2005, so you remember the -45% drawdown of 2012? Why not this time? I am curious. Maybe Apple is a BUY @ 75 dollars, but @110 dollars it is a STRONG SELL. CM

Phill Twist, one week ago, you said short, it was better to be long, with a target 115/120. 114.6 yesterday. Now it is time to be bear ST : target 90/92 and bear MT : target 60/80. CM

You can make small (microscopic) bets and repeat again and again same mistakes until your account equals zero. And you can make leveraged bets and increase regularly your account if you trade futures and/or mega cap with solid money management and discipline. Obviously, this guy is not Kerviel...

Okay for the PE, but this is not because every institution / fund pension is invested in your company that you will not ultimately crash. This is trust/confidence for the future of the company that drives price. Imagine one disappointing quarter for Apple? Do you think institutional investors...

Amazing ! But now we know his secret for good trading : drink Romanee Conti. CM

Totally wrong. Microsoft was the heaviest weighted stock in the Nasdaq/S&P plus one of the higher priced stocks in the Dow in 2000. -66% in less than one year. And there are multiple other examples of this kind during market history. CM

Well, this is not a correct answer. You need to know what time frame you are talking about. "Short" means nothing. For example, as of today: Apple long ST : target 115/120, short MT : target 90/92, short LT : target 60/80. CM

Could you tell us if you are long or short now? To do the opposite trade. Every time you call for a buy, it is a nice sell and vice-versa. August the 12th : Apple is bear for you @ 112. Rebound to 116 dollars. August the 20th : You consider Apple is a "strong" buy at 110 dollars. Plunge to 92...

Ironchief, it looks awfully awful, period. Take your losses. Why ? S&P and Nasdaq are ready for more downside. At least 10 percent. And BABA is not a contrarian play, this is the contrary. BABA is now in unknown territories. Zero support. BABA could go rapidly to 40 dollars, even lower, who...

yes we don't have same risk/return, for sure. I prefer low risk high return trades rather than the contrary. Why do you want to keep a 60% adverse position rather than getting out fast and coming back later with a better price? Because you got zero money management. You gamble, you don't trade...

Because it is "virtual", you imagine you can handle a 60% decrease of your position before a +70%. Well, try to short now SID with real money, and see if you are enough strong. Or maybe just be patient, and short after a pullback (whatever your timeframe). CM

At least someone reads your posts! You should be happy. And with your "clairvoyance" and "nice" tips, you will reach rapidly 4k messages and 5 likes, and still 0.0 dollars in your virtual account. Bravo. Or maybe you will change your behavior and try to understand what pros look at to make...

Well, you just forgot to mention a +60% rebound when you praised for a sell mid-April. Shorting at a bottom with a diverging positive RSI was silly, is silly and will be silly. Story was quite different 3 weeks later. SID failed to break his daily 200 MA at USD2.9 (cf graph). When you short...