you are full of it. even in your apology post, you are still boasting and gloating with unfounded shit. if you truly meant it you could have been helping those folks you crying for by buy groceries for them online or order the stuff they need through amazon instead of posting an apology on a trading forum.
I wiffed on this one big time.
- Thread starter Max E.
- Start date
You're having a hissy bc you stated that buying locked limit was retarded. Well, we traded 230 higher intraday. Just own it and move on.
I think you were short at the bottom, dude. Nothing about your previous statements tells me you were short from Friday. Nothing.
What you are implying is literally impossible, i would have had to have my trading account open, five minutes before the futures open cause it printed twice and it was locked limit down.
If your implication is that i lost money today, yup i did. Lost 15k on the SPY's but i didnt short them till after the fed announcement and i was just early, what made me nervous was the thought of stimulus after that. Eventually if i would have held on I would have been proven right but thats trading.
I made back most of it being long GLD so it didnt turn out to bad.
Finished the day down 3300. First negative day in a couple weeks. I got what i deserved today, ive been an aggressive short seller on everything, but im not dumb enough to chase lock limit down and short the bottom, the same reason im not dumb enough to buy it.
FWIW the other stock that cooked me today was BA, i shorted it aggressively into the parabolic move because airlines have been dead money, shorted it around 110, took it off around 112, it didnt work out. Shorts have been paying out, what can i say i was wrong, bad timing, had i held that it would have been in the money too... Thats life, thats trading.
Because my friends dont post ignorant shit about me all the time, and question my ability to make money so i dont post this kind of stuff on there...... ET feeds into the desire to be a pompous ass because everyone here is constantly questioning other peoples intelligence, so when you get it right you feel the need to gloat.
Anyways, like i said earlier i had no business being an ass, Congrats on the monster day today looks like you did well.
Wasnt short at that point swear on my life, and I have no reason to lie, Im not carrying anything overnight in this environment, what i was gloating about was the fact that the market was lock limit down once again, I didnt have a way to short it, because it was already locked before i could who knows if it had dragged out and taken a while i might have gotten caught up in that and it would have been a disaster. But i wouldnt short into lock limit down for the same reason i wouldnt buy into it, its just a gamble at that point.
Its different if you have breathing room based on that number, like if it was 2-3% away from lock limit down i might short into it, but i wouldnt stand 5 ticks infront of the lock and just short the first move up.
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Christ Max, you shorted Boeing a around $100?!
Come on Max.... wtf were you thinking?
Don't get crazy. Scale it down a bit huh.
$15K days can go either way.
Slow and steady wins the race Max. You damn well know that.
Slow down kid, scale back. Vol is not going away anytime soon.
Jeeeezuz.
