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Your afternoon trade was again entered at the area of the top (of your inverse ETF). It is like shorting a bottom, which you did in your first post. So in summary: two trades, all entered at the top (shorting a market local-bottom). -4% on SMN, and -1% EEV. Why did you not fade yourself?:D

Good luck to all! Got to go.

Are you saying you did not respond to the post below? Where is position sizing in there? You can trying the change the tune, but you cannot because there is history saved on the thread. Your answer was:

Yes they can. Proof: your indicator got you in at the top, on the long side though. What do you think the reverse of your indicator did to opposite direction of your trade? In addition, not all good tools are created equal. There are subpar, par, and above par tools like anything else.

You responded to a post about market timing and forecasting, not to a post about "correct position sizing". You can not change the question your responded to, which was: "Are there any courageous ET members who can tell us what they think the market would do? "

It means your indicators are hindsight, and useless for timing. If they were useful, they would not have gotten you in at the top.

SMN at 22.52. Why did you enter close to the top (23.50 area)? Now you need 3.37% rise just to break even (not including commission). I wish you well (no sarcasm).

What is the profit target? PS: what happened to your position of long QQQ at 57.55?

Market does not reward those who do not think --- in fact it punishes (and I bet it does that a lot) even the top notch thinkers. Of course thinking and being right is not enough, since the human is part of the trading system. In fact, I believe that the hardest chain to deal with is the...

Thanks to all those who answer, and showed theheir opinions. It does not matter whether you are right or wrong, the important thing is that you are a brave, and you share. Also notice those who posted on this thread, and did not dare make an opinion. I guess you know why they do not dare to...

Forgot to mention that those guys who were bulllish/bullcrappers/etc might appear in this thread and others later on, and say they are/were short, after the fact and after saying the opposite just last two to three days ago. Remember this: they were bearish at the latest bottom, and then...

QQQ below 56. You see it was an easy short back then, but "one one wanted it". People were not only bullish, but ready to insult who ever says bearish, particularly if someone says "easy short". The insiders who did not see it coming either, engineered the fake fake on Tuesday to take the...

Did they give the proof in form of a video? Otherwise, why should I believe what a farter says?

Thanks shortie! I was trying to also get the hindsighters, the bullicrappers, the trolls, and others such those who fail (on purpose?) to correctly subtract a price from another price, to get to the plate. I hope they will not use shortie's answer as a cover for not answering.

Are there any courageous ET members who can tell us what they think the market would do? PS: I am not asking what the market has done, but what it will do.

My sites.

The days when trend traders get kicked hard? Could you give examples of such days which maybe fresh in your memory (or better yet with some fresh scares)? Also tell us: who you think got you (The market makers, the trading desks, the stop hunters, etc)? and how to avoid such bad days.

You have been quoted here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=228647&perpage=6&pagenumber=32

LOL! Credit is due to stock777, an ET member.

Could the answer be found in this?