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I am glad there's some people here with some sanity. The thing some of you guys don't get is that even if you do catch the bottom, the probabilities that the rally holds without retracing a large part of the move and given what could be more of a proper entry is extremely low. You're trying...

You're trying to call tops and bottoms, yet magically you didn't trade the last one, but this one you traded "because you liked it". So, are you trading on feelings or actual probabilities? and if you're not trading on feelings, why did you make a post about a bottom previously, but not...

Geez, I am just having some fun. If you can't even handle these forums how do you handle the markets?

We really need to get more serious about finding the exact tops and exact bottoms. Maybe even an entire sub section dedicated to that. I was thinking about focusing more on what it takes to be profitable and consistent every day in and out, but honestly that seems boring.

Ok, understood. thank you for clarifying.

And everyone was saying the corona virus was a bad thing, checks in the mail baby, who has egg on their face now?

Maybe he is going to wait until S&P is trading at 335 before he reveals the secrets.

Maybe I am misunderstanding here, so if I am please let me know. But isn't Larry saying it's about time to buy, and you're saying it's not time to buy yet. At the same time you agree with him and he's one of your favorite traders?

#1 Fed been fighting deflation for decades and it's attempting to show it's self #2 Low oil prices in actual and a leading indicator that puts pressure on equities prices #3 Pandemic fears (regardless of how bad or not bad it gets) #4 Markets were overbought, so any change in dynamic that isn't...

Market down a lot! let me say it might be the bottom and if I am right, than I can sell products and services to the masses for years and they will all point to my one call and overlook what it actually takes to be consistent day in and day out.

It isn't about respect, people put too much faith and effort into following market legends. Be honest how much can they seriously help you be a consistent long term day trader? I am not saying they don't have any good advice and if you're just investing only, I won't comment or fight...

He did use the words "faith" and "hope" that's not really inspiring enough for me to load up long here, but if you follow him hope it works out.

Sure, only this isn't panic selling this is very intentional and consistent selling because of a multitude of factors with not enough exits for everyone.

I understand... was just trying to use some humor to lighten the situation, but seems like I fell short.

Hey do not knock it, at the rate the markets are going down just think of how many shares you will be able to buy with that $1000.00.

lol it makes you laugh and cry at the same time.

Oh touche, my friend.

We think exactly alike. Another issue was the range today it was just too small to trade as well, only like a 463 point NQ range from hi to low. We only did 75% of daily atr today... not to mention no circuit breakers, only limit up last night.

Premarket = limit down 5% and limit up 5%

Well I can speak for myself only, I don't know what or how you trade. But I started to take a lot more short trades once I realized what was going on(which was roughly 2 weeks ago). For me my larger charts are just as bearish now, as they were bullish months ago. Which means for me short...