Correction coming, or crash?
- Thread starter KCalhoun
- Start date
LOL, yup. ChipShotTrader is old school - he doesn't realize that these days stonks only go up! Keep that money printing machine going bbbbbrrrrrrr Fed!!!
I believe I later explained myself (after the original comment you are referring to), and way before the run up. I am a trader, and not an investor, so Economic Numbers, even News, are not relevant, and I should not be involved in predicting the future. I should be focused on trading.
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Nah, I am a short-term trader, focused on weekly performance. Some serious printing going on...
Old School, I guess. Highly experienced, and flexible, for fucking sure. It's called TRADING...
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Love it! May it never stop, smash the hopes and dreams of the next generation at our expense!!!
The only thought that came to my mind while trading today was: that 4238 high in the S&P 500 Futures just a few days ago, well, you are not going to see that again for a while (like years).
I have been involved in the markets since 1997, and professionally, straight out of college, since 1998. Today was true, and painful selling. I enjoyed it
Correction, what you meant to say was - well, you are not going to see that again for a while ( like weeks ). Could have saved poster "Relentless" some money.
Again, I explained myself like 2 weeks ago, and I have been trading the very nice range, back and forth. Actually one of the nicest ranges in a while (like weeks). I am a short-term futures trader, and NOT really the type to pat myself on the back for being down 1% for the week, and celebrating that feat!
HERE, LET ME REFRESH YOUR MEMORY:
PS. I made money...
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My performance on my account since October 31st has been massive ( +67%, on the entire account. no leverage required ). When one swing trades some highly volatile stocks, one of the main attributes to successful performance is limiting the downside along the way. This is important in trading and investing, maintaining perspective. It's not a small account; I incorporate significant risk tolerance into my approach.
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