A taste of what KNOWLEDGE does to the soul, its sooo staggering so refreshing, comes in handy sooo much ............. at ET in a mere 3 weeks of participation I have come to the clear conclusion that the level of knowledge is abysmal
Is the Bear market that began January 2022 over?
- Thread starter margin_gamble
- Start date
So eventually, regardless of draw-down, you'll be proven right. I'd rather make money than be right.
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Collecting interest/ SH[short SPY] exits help.
I have done UPRO + spxs,spxu, sds buys 2022\ and those did better than fewer SPXL.
I dont regret putting 2022 year $ in account , in JULY.
I could have bought SPXL @ JAN $150 top area, but it pays such a small dividend yield/LOLDown SPY Jan = 88% chance of down year; even though 2009 + 1987 were exceptions
Nicely done. God bless you.
What friggin drawdown, amigo?
I don't got no drawdown. I had one, remember. Its clearly documented. Yeah, it was yuge. But I rode it out. I have no net losses for the bend in the trend. Nothing to write home about either. But no nett losses.Is there anyone here who can read before they come up to challenge? Its a bad sign, guys
Every man has a right to his opinion, but no man has a right to be wrong in his facts.
Bernard Baruch
F%$%%# Hell I might have taken a wrong Interstate turn and landed up in LalaLand where the elitists hang out.
In the 3 weeks I've been here I have only encountered about 2 or 3 individuals who can take out a burger out of a take out stand.
What will the 4th -8th week bring?
Good odds that by the end of this today's session, Dow Jones should be dropping a sausage as he gives up the gains. Just a hunch. Just my 2 centavos.
Pour it on Deadbeat Central! God, do I love this place they call ET.
Pour it on Deadbeat Central!
God, do I love this place they call ET. Chief, just to make things clear, I am not a fan of drawdown. No sir, defo NO. You are abs correct, a drawdown does not justify doodly squat.
I abhor a drawdown. But I am terribly sorry to say that I got cott up in one in QQQ as shown here in my thread along with the concommitant suffering and humiliation. I do not approve of drawdowns.
I will try not to let it happen again.
Thanks for your pointer. It is sound. Much appreciated
Dow forming topping tail as cannot close above 61.8%
The most beautiful thing for yours truly is to go up against thousands of no-skin-in-the-game coffeeshop losers who come in for their pound of flesh of yours truly. Nothing pleases me more.
Its verification of a BEAR market.
Heck, very often they send 3 professional gunfighters to take me out but thus far none has succeeded. Why? Because I am self-educated and have street smarts. Only experience is lacking
TA suggests he must decrease the separation of the 3 fighters because the nanoseconds spent to moving the barrel from one to the other would be the cause of losing. He therefore had to bring them close together. The 3 dummies of course had no idea of such smarts of TA.
Then came the psychological ploy, "you brought two too many" this rattled them and gave him the EDGE.
Its verification of a BEAR market.
Heck, very often they send 3 professional gunfighters to take me out but thus far none has succeeded. Why? Because I am self-educated and have street smarts. Only experience is lacking
TA suggests he must decrease the separation of the 3 fighters because the nanoseconds spent to moving the barrel from one to the other would be the cause of losing. He therefore had to bring them close together. The 3 dummies of course had no idea of such smarts of TA.
Then came the psychological ploy, "you brought two too many" this rattled them and gave him the EDGE.
The NO votes are climbing. 1 more in the last few minutes.
21 fellas at ET. I would love to meet their tailors. These boys are men of substance.
God bless 'em
21 fellas at ET. I would love to meet their tailors. These boys are men of substance.
God bless 'em
The NO votes are climbing. 1 more in the last few minutes.
21 fellas at ET. I would love to meet their tailors. These boys are men of substance.
God bless 'em
Bear market factoids about the magnificent courageous ET traders who voted NO
If they were to show themselves in public here they would suffer the same fate as I. Ostracism. You see the Mob/crowd has a warm and cuddly feeling and offers security and protection if part of it. Stray from it and you lose all of that. But what the members of the crowd never realize is that they sold thesselves to the Devil to be in the crowd. They lost their individuality. YUGE price to pay.
There are severe penalties for going against the crowd. Donald Trump found out the hard way.