How will YOU determine that we have bottomed?

[wildchild]

Are you new to the markets? This is what is called a bear market bounce. This exact scenario happened twice already over the past 3 months.

View attachment 287610

The red arrow marks the peak of first bear-market bounce.

The green arrow marks the peak of the second bear-market bounce.

The blue arrow? This marks what you are calling, in all your genius analysis, the market bottom. If you really believe it, go long with all your bluster, mister.

Revisit this post in 5 weeks.

Morthole, I make a lot of money in the markets? Do you?

Your ideas and reality are not correlated.

 

[Overnight]

Morthole, I make a lot of money in the markets? Do you?...

No, I do not make a lot of money in the markets. In fact, I lose money in the markets.

But at least I post my progress in the markets. Do you?

https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/

And stop calling me a morthole. I think I have figured out why you do that. You are a newbie on a smartphone where the word "asshole" is not allowed, or you are too young or too stupid to realize that it is a valid word in the Merriam-Webster dictionary.

Will you please just call me an asshole for once? Pop your cherry? Yes, I KNOW this is the trading forum, but I got yelled at by the mods only for using the F word. Asshole is allowed here.

 

[wildchild]

No, I do not make a lot of money in the markets. In fact, I lose money in the markets.

But at least I post my progress in the markets. Do you?

https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/

You are an idiot. Get lost.

 

[Overnight]

You are an idiot. Get lost.

At least I am a real idiot, and not an unreal dumbass.

 

[wildchild]

At least I am a real idiot, and not an unreal dumbass.

Wildchild = Positive Cashflow

 

[KGTrader4]

 

[Overnight]

Wildchild = Positive Cashflow

Prove it. Because now you are talking a business, not trading. Otherwise you are just another cockroach.

 

[Overnight]

Still waiting for that bottom, Wildchild. You claim it is here. Have you gone long like I have? No? Why not? Wimpy wussy lala?

 

[SunTrader]

The bottom ......... is out there.

 

[wildchild]

Still waiting for that bottom, Wildchild. You claim it is here. Have you gone long like I have? No? Why not? Wimpy wussy lala?

I never claimed the bottom was here. All I know is the anti-Overnight indicator is pretty good. The market had its lowest close of the year on Jun 16. On Jun 16, Overnight claimed that the only thing that saved the market from tanking in 2018 was the Fed and until QE was implemented, it would keep on tanking. Of course, it went up from there.

By calling for a continued market tank, you might have called the bottom.

it is sort of like when you attacked Paul Tudor Jones for going long Bitcoin. You made this statement with Bitcoin at 19K. It rallied to 63k. Not exactly a good call on your part and a great one by PTJ.

How much money did you lose on these trades?

You are a bad trader with a bad attitude. One could have a lucrative trading career simply by doing the opposite of what you recommend.