And the DOW is in the GREEN! HAHAHA

failed_trad3r · May 23, 2013

http://www.zerohedge.com/news/2013-...g-has-come-shorts-covered-rather-longs-bought

10% drop COMING SOON

100% succes rate.

Nine_Ender · May 23, 2013

Quote from bluematrix:

it really is time to be short now.

pretty clear fed's no 1 enemy are short speculators.

the only way to stay short in this market is to do a Nitro - go on short and stay short forever. only that you might become insolvent if the rally continues. but I guess that's the only risk and it's probably worth it. ask Nitro.

I took a look at his trades today, as follows. I'm not sure why on earth you think this kind of trading is worthwhile or worth emulating.

Nitro's first series of shorts :

Quote from GTS:

With SPX at 1321
<table border="1"><tr><th>Date</th><th>Action</th><th>Price</th><th>Units</th><th>PnL</th></tr><tr><td>Dec 20, 2011</td><td>Sell to Open SPX</td><td>1229.89</td><td>2</td><td>-184</td></tr><td>Jan 11, 2012</td><td>Sell to Open SPX</td><td>1288.60</td><td>1</td><td>-33</td></tr><td>Jan 25, 2012</td><td>Sell to Open SPX</td><td>1321.20</td><td>1</td><td>0</td></tr></table>

More recently :

Quote from nonlinear5:

So, you are now short 1@1572, 1@1567, 2@1629, and 1@1642. Right?
S&P is at 1650 at the moment, which means that you are 211 points in the red. Do you have a stop in mind?

So at 1650, his net profit / loss on his continued position ( no stated sell at any point on here ) is :

Short 9 units at a total loss of 1652. Break even of entire trade is SPX hits 1478. Seems even doable on a fantasy level. However, making this trade with any meaningful base capital has to trigger significant margin calls. I don't trade SPX so I can't confirm this, and Nitro has never confirmed how much money he's put in ( I suspect zero ).

Lastly, and perhaps more importantly, the opportunity cost of simply not going long the market lingers. Even if one can meet the margin, and somehow by repeatably adding to your losing position you break even, the risk you took seems large.

BlueTurtle · May 23, 2013

Quote from brokerboy:

again jerk off my screen name is 10 years old i don't make a fool of myself and than change my name. you know nothing what the market will do and you will come up with a new name when your wrong like everybody else. i don't tell people what to do with there money this is not a game. i have conversations and share my personal view. also i was in around 97 too and you should not open your big mouth because you don't know who i am or what i own. you are a fool on a computer people with real money don't post buy buy buy and laugh like a little girl.

you know NOTHING. you likely have a high school degree, maybe, borrowed 1k from mommy and blew up 10 years ago. now you cry like a girl and get all mad you have NO IDEA about any market at all..

now super size my order and go wash the bathroom.

oh yea, mommy is on line 1....Clean your room!!!!

S2007S · May 23, 2013

If you bought premarket you made risk free money again...did anyone believe the Dow would have posted triple digit losses. Nope

brokerboy · May 23, 2013

hey why don't we both put 5k in an escrow maybe someone will help us with it even big mouth. i will show you just one account with 50k i don't need to get anymore personal than that. do you have money to back up your big mouth?

Quote from BlueTurtle:

you know NOTHING. you likely have a high school degree, maybe, borrowed 1k from mommy and blew up 10 years ago. now you cry like a girl and get all mad you have NO IDEA about any market at all..

now super size my order and go wash the bathroom.

oh yea, mommy is on line 1....Clean your room!!!!

BlueTurtle · May 23, 2013

Quote from brokerboy:

hey why don't we both put 5k in an escrow maybe someone will help us with it even big mouth. i will show you just one account with 50k i don't need to get anymore personal than that. do you have money to back up your big mouth?

5k is NOTHING

50k is NOTHING

I show 100k in bank account, house paid off (over 350k)

then we go to trading account(s)

you really want to play with the big boys?

get some real money....this is the MINIMUM.

brokerboy · May 23, 2013

if you don't think i got 50k make the bet i don't want to get anymore personal than that on here. i am in a short fund for low risk its not a margin trade even. you wanted to call me out so i am giving you a shot.

Quote from BlueTurtle:

5k is NOTHING

50k is NOTHING

I show 100k in bank account, house paid off (over 350k)

then we go to trading account(s)

you really want to play with the big boys?

get some real money....this is the MINIMUM.

SimpleTrades · May 23, 2013

Quote from brokerboy:

if you don't think i got 50k make the bet i don't want to get anymore personal than that on here. i am in a short fund for low risk its not a margin trade even. you wanted to call me out so i am giving you a shot.

Come on you two. Let me settle this. Not only is my dick twice as big as both of you, but my IQ raises our combined average by over 100 points.

brokerboy · May 23, 2013

i don't know about the first but your long stock so your smarter than me right off the bat. i always have next month though haha

Quote from SimpleTrades:

Come on you two. Let me settle this. Not only is my dick twice as big as both of you, but my IQ raises our combined average by over 100 points.

SimpleTrades · May 23, 2013

Quote from brokerboy:

i don't know about the first but your long stock so your smarter than me right off the bat. i always have next month though haha

Its best to have a long stock to avoid being called marginal.