Im up a ton today. LOVE these down days. Thanks for all the liquidity longs

Quote from stock_trad3r:

Looks like we hit a intraday double bottom

dow easily rebound 120 points from here

Shorting now is suicide. A lot of big shot shorts here never hold overnight. They cover at the upticks, re-enter, and take losses. No one has the balls to take out a long term short position because we're going much higher. When? Within a few months we hit all time highs again or sooner.
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LOL

Did you mean we lose another lose another 140?

Shorting is suicide? Ha - Shorting is/was very profitable -- and anyone who has any understanding of trading knows it.

Go play a football game and only pass the ball -- forget the ground game. You SEVERELY limit your offensive potential. Same with trading.
 
Agree. I would especially like to thank the total retard who sold the 1525 Oct puts today for 2 points per contract. How can someone risk a 20-30 points loss on expiration day for a 2 point ($100 per contract) reward?? That to me is total stupidity.
 
Quote from Cutten:

Agree. I would especially like to thank the total retard who sold the 1525 Oct puts today for 2 points per contract. How can someone risk a 20-30 points loss on expiration day for a 2 point ($100 per contract) reward?? That to me is total stupidity.
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Easy.
They sell the cash index and/or futures against it.
Duh.
 
Quote from stock_trad3r:

I was wrong about today. Markets kept tanking, but it will easily rebound in the next month or so

great time 2 buy ewz and fxi calls
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instead of blabbing about this or that, perhaps just look at the chart and see why the market tanked so much?

it's actually fairly easy to see... the FOMC wide spread bar from some time ago created a vacuum. There just isn't any support in there, and today we filled back that gap. Nothing special about it.

Except ofcourse we are official in a bear market now :D
 
Quote from stock_trad3r:

I was wrong about today. Markets kept tanking, but it will easily rebound in the next month or so

great time 2 buy ewz and fxi calls
More...
Ok, good of you to admit that.

But honestly, what is your point? What is the use of 'buying the dips' when you never sell? When did you profit when did u loose? Where is the reference?

What do you tell all those that bought the dips at 14100? They lost 600 points!

How do you define 'trading'?

Ursa..
 
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