yes I am... people are fcking morons, that's what I am tilted about.
ES bid @ 2498 for 5.3k
- Thread starter athlonmank8
- Start date
yes I am... people are fcking morons, that's what I am tilted about.
Have you bought more on the way down?
only a little.... will have more funds by EoM, will buy more.... no brainer.
but to me nothing matters no more.... like this drop it hit the portfolio well into the 7 digits but nothing really matters... quality of life aint' gonna change if give or take couple of mil.... once I went all in 2016, in addition to all the stuff accumulated before then, it's game over in terms of making enough dough.... I still pay attention to the game because it is fcking interesting... it's the ultimate game.. nothing close to it.
proof of losses?
proof of purchases?
loser stop focusing on winners.
The measures taken will have a dent on the economy, that's why the market falls. Add to that the uncertainty premium of the virus. Yes, we think this is temporary and seasonal for a probablity of 90% but what if it's not ? It's the what if's that matter now. People care about the money they have locked up and that's mostly because the majority is playing with capital they can't afford to lose. Cause if you were playing with money you COULD afford to lose then noone would be selling. But then again, if you only used marginal amount of capital (from your net worth) in the financial markets then you would never make any reasonable amount of money in the first place. Investing is a dead end for most because of lack of capital. There's a modeled maximum that you can get as a return for the long term, 99.99% of investors are unable to generate alfa. And how could they ? That's not their profession.
the dent is only part of the fall.. and it's measureable to a degree of certainty.. china Q1 numbers already out. guestimate 5% drag on the year GDP... call it 3% for the US worst case scenario where does the 30% down come from... I am telling you it's a massive shake up operation my boyz are doing.
more like 100% certainty - it can't survive hot climate. and summer will come with 100% certainty. India Africa South America have no spreads other than some imports... and even for the worst case places like Wuhan and South Korea they are already way past the peaks...and Italy on its way.
the what-if is a moot point... life and market is full of what-if's thats' why quantification is so important... which is the entire point of comparing to traffic and cardiovascular.
At the moment it's the only point. I'm not saying it's rational. It's not supposed to be. The problem right now is that everyone is afraid to lose all their money because of the reasons i outlined. I'm afraid you didn't read everything i wrote.
It's all about the capital you cannot afford to lose. Period. None of those guys care about valuation and they never did. That's why there are market "euphorias" and "end of the worlds".
I did read.. it's the same every time the market drops like this.