Great Traders Have no Morals

Quote from Mvic:

Now that you mention it wierd did look a bit weird :D

The funny thing about it is I just posted weird as wierd in another thread, and said "that doesn't look right", and quickly changed it.

Then I come here, and see wierd again.:D It made me go check the damn dictionary.
 
Quote from retire45:

Yes it is wierd Mvic..

Wow .. you guys are on egde!? The point was the 90% traders losing Money are probably trading what they believe against the 10% that know how Wall Street Works... Some poor soul bought CALM at $40 yesterday on Great earnings from someone else... They think they've been swindled..

It's like going to Washington with intentions of changing the place, but sooner or later...

And I did fine today.. Long.

First of all it’s the internet so it’s assumed you did well today and every day. Secondly it’s the internet so it’s assumed you retired at 45 or earlier. There is no reason to state those ehh hemm facts or put it in a screen name except for the amusement of others.


Next: Just because you trade some dog shit home builder when its way to early to step in and buy it for an investment does not mean you are some how undermining the morals of the market. There are a lot of different players in the field all in different games.

Next: You have no idea who bought those shares of CALM or why they bought them. Maybe they were buying to cover a short. Maybe they were buying vs. puts they owned. Maybe it was part of a pair’s trade. For a guy that wants to imply he knows how “Wall St works” you’ve not demonstrated much understanding.

Finally who the heck are you to judge what the moral playing field is?
 
Oh Boy...

Quite a few here assumed I was some short in despair.. That's the assumption every time someone makes any counter-market comments..

As of my handle.. that's a goal of mine.. period. And there are several definitions for retirement..

Slowly getting to know this ET village.

Bedtime here..
 
We practically have a gun to our heads now.. Short and you're dead! even though it is the right thing to do today.... This morning a prime example. As brazen as things get!

In the long run this could set a VERY negative precedent if "they" succeed.
 
Quote from retire45:

In order to consistently do well you can't be a person of principle, doing the right thing all the time. One of principle would have been shorting all day today and will keep doing so until he/she is proved right.

By making money long Today you were part of a crime and are no different from those crooks on Wall Street.

Now if you can trade with Charts ONLY (like I do?), completely oblivious to everything else, then by ignorance you are ok..

HUH ? jibberish :D :D :D
 
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