I am massively short the USD.

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I gotta say destriero, I am a bit disappointed. As someone who has always tried to seek the truth in trading, you really dropped the ball here with GRULSTMRNN. The way you described your USD short in no way reflects how you traded it. You went into it with a big thesis, but almost treated it like a day trade. I know that you know your shit, but why you can't admit some of what GRULSTMRNN is saying I don't understand. It couldn't be any more black and white that you original post does not reflect what you in fact did.
 
I know that you know your shit, but why you can't admit some of what GRULSTMRNN is saying I don't understand.

Isn't it obvious?

The OP clearly wants recognition and gets a kick out of getting his ego stroked by his little fanclub on ET who hangs on his every word and believes everything coming out of his mouth, although it's clear that a lot of it is BS.

He has me on ignore, but I know he will log out and read what the people he's ignoring says, so he will probably respond by asking about my blotter or some other predictable response as his anger and ego is triggered. LOL. :)

Thank you, @GRULSTMRNN.
 
The simplest approach to such posers is to put them on ignore. I respect people who have skills and know what they are doing, but I respect honest people even more. I am sometimes crude in how I word things, I can be abrasive, I can even offend some. But what I NEVER do is lie. I do not recall once I ever lied on this site. Someone who lies in my book loses all credibility and I do not want to hear from them again. Hence the ignore.

Isn't it obvious?

The OP clearly wants recognition and gets a kick out of getting his ego stroked by his little fanclub on ET who hangs on his every word and believes everything coming out of his mouth, although it's clear that a lot of it is BS.

He has me on ignore, but I know he will log out and read what the people he's ignoring says, so he will probably respond by asking about my blotter or some other predictable response as his anger and ego is triggered. LOL. :)

Thank you, @GRULSTMRNN.
 
I gotta say destriero, I am a bit disappointed. As someone who has always tried to seek the truth in trading, you really dropped the ball here with GRULSTMRNN. The way you described your USD short in no way reflects how you traded it. You went into it with a big thesis, but almost treated it like a day trade. I know that you know your shit, but why you can't admit some of what GRULSTMRNN is saying I don't understand. It couldn't be any more black and white that you original post does not reflect what you in fact did.

The OP put on a random position without much (if any) logic and exposed to random risks, then some random events happen which seemingly turned into a profit on the opposite leg, then he started bragging about it. if that is not amateur, i don't know what is. less than someone bragging about winning at a lot machine
 
Every Japanese stays far away from those places and so do I. But should Chinese tour groups dare to try other places I have often witnessed that they are made felt very poorly by Japanese,and that for good reason.
7. They don't have the forced politeness of the Japanese. They basically have no filter that alerts them when they are being rude/disrespectful at times and say whatever or treat you in whatever way. the language also is more direct and abrupt then SPanish or Japanese (i have studied all 3) and it conveys in the manner they interact with people. (This does not apply to the 3 billion all living there but a growing part of the popualtion).

I have mixed feelings as someone who shared both chinese (hk-side) and japanese backgrounds and lived/worked in both regions (again hk) but grew up overseas. It is hard to conceal that I am anti-china, but after many years in japan i have become rather sick of japanese both the language and people as things are too indirect (indirect subject + indirect verb on indirect object and ultra long sentences with no message), superficially polite without any meaning (like otsukaresama to any random jerk), everything is inside-the-box, and too many old people all looking the same. any average joe talks like a politician in that you don't know what the heck he is saying after a 10-min speech. people find me rude as i knowingly don't use any keigo (i find it lame) and omit any meaningless greetings which generally comprise 50%+ of a sentence. Having said that, still more fond of japan than china. Will escape to quebec once my french reaches intermediate level
 
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I have mixed feelings as someone who shared both chinese (hk-side) and japanese backgrounds and lived/worked in both regions (again hk) but grew up overseas. It is hard to conceal that I am anti-china, but after many years in japan i have become rather sick of japanese both the language and people as things are too indirect (indirect subject + indirect verb on indirect object and ultra long sentences with no message), superficially polite without any meaning (like otsukaresama to any random jerk), everything is inside-the-box, and too many old people all looking the same. any average joe talks like a politician in that you don't know what the heck he is saying after a 10-min speech. people find me rude as i knowingly don't use any keigo (i find it lame) and omit any meaningless greetings which generally comprise 50%+ of a sentence. Having said that, still more fond of japan than china. Will escape to quebec once my french reaches intermediate level

Judging from your previous post to me,who you never knew, you were really rude and sound lack of basic education.
 
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I can understand your frustrations in Japan. Things are very indirect and unless you make real friends it's hard to get honest opinions out of Japanese. My wife is Japanese and I myself have permanent residence, and we always say how we will go back to Japan once we are 65 or older. It's an awesome country for old people imho, nothing beats Japan in that age. But the country and culture can seem daunting for younger people simply because it caters to age. Having said that it still beats most places in the world hands down for any age group.

I have mixed feelings as someone who shared both chinese (hk-side) and japanese backgrounds and lived/worked in both regions (again hk) but grew up overseas. It is hard to conceal that I am anti-china, but after many years in japan i have become rather sick of japanese both the language and people as things are too indirect (indirect subject + indirect verb on indirect object and ultra long sentences with no message), superficially polite without any meaning (like otsukaresama to any random jerk), everything is inside-the-box, and too many old people all looking the same. any average joe talks like a politician in that you don't know what the heck he is saying after a 10-min speech. people find me rude as i knowingly don't use any keigo (i find it lame) and omit any meaningless greetings which generally comprise 50%+ of a sentence. Having said that, still more fond of japan than china. Will escape to quebec once my french reaches intermediate level
 
From risk and reward, there are tons of options that are better than shorting USD.
Besides, it is not that USD will be down in the futures so I will short it. This is a loser's way of thinking. If you short it, and it goes up, will you stop? Where is your stop? Soros shorted equity when nasdaq was at 3000, and he had to cut loss later since nasdaq run to 5000. he was right that nasdaq would be down later but he was still doing a losing trade.
So it doesn't matter whether USD will be down in the future. What makes your trade winning or losing is whether it go up first or go down first, and if it go against you, can you survive it?
So it is not future market direction that matter, it is the path of future market direction that matter.
An experienced trader will never short something even if he knows it will be down in the future. He will short it only if he knows it will be ALL THE WAY down from here .



See my trade yesterday at ES 2943.5, and now ES is 20 points higher.
This is how to choose an "all the way up" entry.

https://www.elitetrader.com/et/threads/position-trading-calls-and-ideas.335664/#post-4921465
 
Ohh, I have very clear long-term view of the equities, and that is UP! NORTH! To the moon. I cannot maintain that view for now because of the tariff nonsense that has been a hangnail on the markets for over a year, which have ramped up since May 5th.

Why has my long-term view become shaky and unstable? Because of the Twitter freak who is making the markets shaky and unstable, because HE is shaky and unstable. I am trying to roll with the flow and not get bull-dozed.

Perhaps Des is taking the same tack.
:rolleyes:
 
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