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It's not a rule but it's a good assumption that those that risk more than they shoot for end up losing money so don't do it.

I can't daytrade

I don't like IPOs, it's like 99% of them are for fools and hard to short them too because the short squeezes are intense. I rather wait for market pullbacks and buy proven high quality stuff like IBM, AAPL, etc. IPOs just too risky unless you into buying puts.

You nailed it, market did those pesky breakout failures RedTank likes to talk about. It seems market likes to fake a breakout more than breakingout itself. Fascinating.

If it was everyone would be doing it, there's not easy way to make money in the markets. You can't explain profitable trading in two sentences, sorry.

With all due respect we both know it's not that easy particularly on intraday bull flags.

Same as always, if it get's too low, Bernanke initiates a stimulus.

That's exactly right, I don't get too lost on technicals, the fed is the biggest player in town, when they force you to buy, you got to buy, that's right force you, they are forcing the american people to buy to stimulate the economy with those ridiculous nearly perpetual low rates, and what...

Obviously you are entitled to your opinion but the weekly is a bull flag and this downtrend is only but the pennant of a much bigger formation. The only way this is a top for Apple is if the indices made a top themselves, and in electoral year, I highly doubt it, particularly with a Fed...

We all know the outcome, it's just a matter of withstanding the retracement. I'm a buyer between the gap fill and the 500 level for a break of current highs.

The direction of the positions are the same, he could have added to his trade using separate stops and targets. Don't think its absolute anything.

Sure has been, plus a high quality stock. Time will tell.

Killed my aapl at 586 area at the close from my 582 buy area. Will not gamble at the 50 MA, standing on the sidelines to join the clear winner of this area.

I got the moron on ignore but you guys keep quoting him, please don't.

Depending on todays close I will determine how to proceed going forward. Today price has been going up and down my entry, no major concern for now on the position.

Bought AAPL in afterhours 582.55.

:eek:

I recall below 590 wasnt going to happen before earnings. If you want to claim expertise you could start by accepting that ANYTHING CAN HAPPEN!

Lag and steal concentration so imo crap.

For having 100 million he sure goes out with ugly girls hehe