Doomsday is Coming
- Thread starter emg
- Start date
I miss emg.
And S2007S is there to support the calls almost every single time. Most just let their account end they were so horribly wrong and in some cases extremely aggressive and arrogant about their opinions.
Talk about a self-destructive negative feedback loop right there. Getting insanely anxious and neurotic about something he has zero control over.
Dude, that was a shitty bump with no socially redeeming value. Nearly 5 year-old thread? Why? Pffht!
My prediction is that SP goes to 1. There. Done. The doomsday call shit is over, I win with the best prediction ever.
I started posting and actively following/trading ES around 2010. I remember multiple individuals who'd just keep shorting a rising market again and again. One particular individual I think must have either blown up or given up. I'm sure there must be several. Couldn't even get a retrace to get out in that period.
It seems like a lot of people have a predilection for the system to break down and the world to end.
A curious thing I've noticed myself is that I was a bit of a bear myself when I first started out and loved to short. Not really sure why. Maybe as traders we are by default a bit contrarians and want to bet against the herd?
Fast foward today - I find it much easier to play the long side.
I heard a very famous and successful Bond Pit trader named Chip Kenyon give a talk in Chicago in the late '90's. He talked about how his trading really took off when he stopped "fighting" every market move.
In fact, towards the end of his presentation - he called "adding" against the market a disease.
In fact, towards the end of his presentation - he called "adding" against the market a disease.
