I never said that. I have no firm opinion on indexes, other then that the probability of another crash through end of year is negligible. The main positions I have right now are long miners ( gold, silver, copper ). Very little money in anything else except one green energy play and a few energy plays that are mostly trades. Thursday was my most profitable day since August. Huge day, Gold broke resistance and two of my miners had strong Q3 earnings.
How I'm Trading the Volatility: Live trades (Jan)
- Thread starter KCalhoun
- Start date
I never said that. I have no firm opinion on indexes, other then that the probability of another crash through end of year is negligible. The main positions I have right now are long miners ( gold, silver, copper ). Very little money in anything else except one green energy play and a few energy plays that are mostly trades. Thursday was my most profitable day since August. Huge day, Gold broke resistance and two of my miners had strong Q3 earnings.
Good point re gold, GDX strong recently, haven't checked AUY HL GOLD.... smart to follow strong sectors now
If you want to improve your trading I'd suggest you write one.
There you go, if you had a plan you wouldn't be worrying about what anyone says you would be paying attention to what the market is telling you.
Here is the thing with writing shit down; you are more likely to do it if you put it on paper. Also in the heat of the moment you know what to do because you have planned for it.
Just suggestions. It helped me, it might help someone else.
Nah, he 'ready 'xplained writing shit down takes too long.
Good. I like weekly charts/mo charts/5 hour charts.
I'm a bit concerned about my spxs greater than 5.33% loss last week now.
Buts its looking good from >5.777% loss.As a % of last week profits/fine.
NOT a prediction======== I plan on making a profit by tues/wed or cut a stinking loss if I have to; dont want A 7% LOSS\ unless I think I could make 21%or24%, for 8% loss for the week...…………………………………………………………………………………………………………………………..
I was paying attention to what the market was telling me. But I'm still new at this. How the hell am I supposed to "make a plan", with rigid and concrete guidelines, when I'm still learning what those guidelines actually need to be, via day by day experience in the actual market? How does that make any sense at all? That's exactly the sort of thing a Gentile would do. But I'm not a Gentile. I'm not like you.
The only reason I listened to that one idiot's sarcastic comment is because it was my first trade ever. This was the first time I had ever taken this high level understanding and attempted to translate into real world day to day trades. So I was pretty sure, but not 100% sure. It's a momentous time in history, for fuck's sake, with nobody here to help me think or refine my theories, so the fact that I even got it right at all should be astounding. So listening to that guy taught me an immediate lesson, which indeed, my entire life should have already taught me--don't listen to people and their opinions about things.
I didn't listen to the next people's advice, even thought they meant well, and I avoided falling into the hole they fell into that week. And now I'm damn skeptical right here in this thread of people, trying to tell me I don't know what the hell I'm doing. The fact is, I've been right on most of the macro moves so far, including in the election skit which is driving all this. That's playing out pretty much exactly as I imagined it would.
You want to make the easiest money in the world? Get on PredictIt.org and buy Trump shares. Last I checked he was trading at 5 cents and falling. Now it's up to 12 cents. Oops, probably missed that boat, if you wanted a 20x gain for no work at all. Doesn't matter though, because most of the folks in this thread don't really seem like the type to take investment advice from a noob, right?
Ah, and now we arrived at the basic point of this curious ritual. The laziness and sloth of the typical Gentile is once again attributed to me, also. Right? The most serious fucker in the universe, you are telling to get serious. I must be just as undisciplined as the common idiot is, so I also need to write things down in order to succeed. Otherwise I will fail, guaranteed, just like all the Gentiles do.
Do you see now why it feels so offensive, to be told I must do things a certain way in order to succeed, and being judged negatively for not doing said thing?
Remember what I told you about not taking notes in school, and why I never wasted my time on such? You know how much flak I got from all the people who were Really Quite Sure I Absolutely Must do that, like they did, also, because reasons?
I remember also getting in trouble because the teacher had everyone reading one paragraph at a time from the book, and when it was my turn, I didn't know my place--because I was three chapters ahead of everyone else. What a terrible student I am.
My entire life has been a battle, every day that I breathe. A battle for simple existence. A Hebrew in the midst of Gentiles, who have a completely different way of thinking, and Just Don't Get Me. That's why I live in a cave and avoid interacting with the general public, even on message boards anymore. It's too much of a hassle. Always a hassle.
Heat of the moment? Why in the world would I ever allow emotion to interfere with anything so critical as a trade?? Or are you saying writing the only form of planning? If I have to make a trade that instant to get the right price, what good does it do to have to consult notes???
I get it, and thank you for your suggestion. Seriously. It's just that others do things that way, and I simply don't. I keep the plan in my head, where it is under constant upgrade and improvement every waking moment of the day. The only thing I save to disk are the gigabytes of related details.
Now if you'll excuse me, I'd like to be alone with my computer for the rest of the evening.
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Perfect example of what I'm talking about. Eat shit.
Just write stuff down, do what your're told and STFU.
%%
WELL its your business,DB;
no thanks on your penny stock tip/ but good%% gain.
NOT sure why being a jew or gentile has anything to do with a written plan??
Actually most Jewish or Christian or Judeo/Christian men or women have a written plan.
You must not have had a Judeo/Christian banker Dad like mine who said ''always get it in writing/ son''
And that helped me also\\my banker dad washing my dirty moUth out with strong soap.