Get Out Now!

Quote from Vulcan Trader:

I WAS WRONG:cool:

I DONT MIND BEING WRONG AS LONG AS I CAN STILL MAKE A PROFIT. THATS WHAT I LOVE ABOUT TRADING. IT ALLOWS YOU TO BE QUICK TO CHANGE DIRECTIONS TO FLOW WITH THE MARKETS.
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You little fk you told retail investors to liquidate everything or they'd go bankrupt.
 
How much as the Fed made from quantitative easing? It seems that they are the best hedge fund out there, being long treasuries before the downgrade...
 
Quote from Vulcan Trader:

NQ FUTURES JUST TOOK OUT THE OVERNIGHT LOWS.
SELLING PRESSURE IS PICKING UP. COULD TAKE OUT THE LOWS BY THE END OF NEXT WEEK.
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I can't tell if you are being sarcastic or paranoid. Why all CAPS?

Do you have a position in (short) futures? What is your position?
 
Quote from Vulcan Trader:

NQ FUTURES JUST TOOK OUT THE OVERNIGHT LOWS.
SELLING PRESSURE IS PICKING UP. COULD TAKE OUT THE LOWS BY THE END OF NEXT WEEK.
More...

Dude the thread starts with a call to sell on 8/11 at 11:02 am. ES was trading at 1125.25 within 6 seconds of that minute....
This is a 5.532% loss. I don't know what you were looking for, but it's pretty obvious we moved higher and though I was short a day prior I'm sure the move down precipitated your bear call. It looks like we're going higher and I don't expect to see those washed out lows for several months.

Have you thought about posting your performance summaries of your backtests? These are always a good starting point to build credibility from. Not sure what your tolerance for being wrong is, but anything much more than a 5.5% draw is a tad too risky.
 
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