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.
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..
