I'm shorting AAPL and GOOG

Quote from Div_Arb:

...For the future, never short a strong stock in a strong sector. You need to be shorting weak stocks in weak sectors...
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And vice versa - long strongest stocks in strong sectors. Stock trading 101. C'mon.
 
Are you done telling us about your losing trading bullshit? Look at the price of AAPL and GOOG now, falling.

Instead of sitting there and preaching to us about how to trade, how about you place up a screenshot of your p&l? You cant, you wont, because your methods dont work and you dont trade.

So take your bullshit and shove it up your ass.

Quote from lindq:

Congratulations. You've managed to break not just one, but four rules at once for successfully trading shorts.

1. NEVER SHORT A DULL MARKET. This old adage holds a lot of truth. And there is seldom a duller market than during the holidays.

2. NEVER DOUBLE DOWN. Unless you have a proven system that specifically calls for it. But you don't.

3. NEVER SHORT JUST BECAUSE YOU THINK SOMETHING IS HIGH. That alone is a sure route to disaster. In the specific case of GOOG and AAPL, you are fighting some solid fundamental reasons to be buying them, which is supported by huge institutional money positioning for the new year.

4. KNOW WHEN TO ADMIT YOU ARE WRONG AND CUT YOUR LOSSES. If you can't, you will NEVER last in the trading business.

You might want to try actually trading for a few years before jumping into a chat room and embarrassing yourself with such lame predictions.
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What do you know about trading? Nothing. I took the liberty go back through some of your posts over the years and if we followed them then we would be wiped out.

Go ahead, post your strategies. Post up your bullshit, but I noticed you did not post one thing, a P&L. So lets hear it out of your mouth how to trade hotshot. Its all bullshit so shut the fuck up.

Quote from Div_Arb:

Pathetic trades to say the least. Next time, just give your money to charity.

As the previous poster pointed out, never NEVER short something because "it has been going higher". As a result of your naive analysis, you have managed to be short the two strongest stocks on the strongest index in the US. Fundamentals, technicals, price action - there is absolutely no reason whatsoever for you to be short these two stocks.

Be a man and take your losses and learn from your mistakes. Trust me, you'll be glad you did. For the future, never short a strong stock in a strong sector. You need to be shorting weak stocks in weak sectors. How much did this lesson cost you, BTW??
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Ahhhh. Its good to be short AAPL and GOOG right now. Look at it drop along with the S&P. I knew it would fall when the divarb character came out and started to preach. Usually when that guy comes out with trading book, then we all know to take the other side of the trade.

So lets hear it traders, your foolish rules and strategies. However, most of you sit in your workplace working the nuclear reactor or whatever you do and manning et telling me, a professional trader, how to do it. Shut the fuck up.
 
Quote from retaildaytrader:

You are the trashy fucker posting bullshit that makes people lose their cash.
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Back to the gutter where you came from.

Welcome to my ignore list. A nice feature of E.T.
 
looks like a long consolidation pattern on the daily. The thing to watch out for on the short side is the itablet. If they announce this is January as rumored you are gonna be in a world of hurt. Looks like its going higher I would love to get back in under $200. Good trading.
 

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Quote from kinggyppo:

looks like a long consolidation pattern on the daily. The thing to watch out for on the short side is the itablet.
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Yep, this is one of the things the OP is unaware of. I actually wish you hadn't brought it up in this thread. Of course he'll claim he knew all about it. Techcrunch has it codenamed Slate or iSlate and if it hits, AAPL will have a nice run.

Christ, just looked at that chart you posted. You look in the dictionary under 'Don't short this stock!!" and you'll find a picture of this chart. Unbelievable that anyone would think this is a high percentage short, for about 3 or 4 separate, unrelated reasons.
 
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