I think some people don't understand everybody has a different lifestyle and not everybody is trading for a small profitable day. i respect anyone making money daily day trading this market itâs much harder than it was 10 or 15 years ago. This position on the short side is a longer term trade. I don't know when it will prove I am right but itâs not my life savings and itâs not a margin trade. I don't know why people make this so personal. I am open to the fact I could be wrong and lose money and have no problem with that.
But financial banks who offer opinions are in the trade already and it only works if you believe in it too. The fed with all the money printing in the economy is only creating $9 jobs and companies have no sales growth but only growth from cost cutting. If you live in the suburbs you see them building malls or new stores but that's minimum wage jobs. Wal-Mart is the real economy without the government playing with the numbers. Wal-Mart is costing prices and reducing outlook that's a real world answer. i know people like to talk about new car sales too but remember people put off buying for years and now are buying new or used cars with 72 months of payments. Thatâs insane. I don't see where the economy is healthy and that's my trade.
But financial banks who offer opinions are in the trade already and it only works if you believe in it too. The fed with all the money printing in the economy is only creating $9 jobs and companies have no sales growth but only growth from cost cutting. If you live in the suburbs you see them building malls or new stores but that's minimum wage jobs. Wal-Mart is the real economy without the government playing with the numbers. Wal-Mart is costing prices and reducing outlook that's a real world answer. i know people like to talk about new car sales too but remember people put off buying for years and now are buying new or used cars with 72 months of payments. Thatâs insane. I don't see where the economy is healthy and that's my trade.
