Small Bicycle- Still haven't loss all your money in your SIM account?
This thread really my daily must read joke
Market Outlook
- Thread starter GrandSupercycle
- Start date
Small Bicycle- Still haven't loss all your money in your SIM account?
This thread really my daily must read joke
Following his advice has just about destroyed (and may still destroy) me.
His advice from last weekend was that the market was bearish. So on Monday when it was at 1257, I decided to follow his advice and traded SPX 1290-1295 Decwk2 bear call spreads for $.8 each. However the market rallied instead of going down and it threated by bear call spreads.
Tuesday evening he said we were still in a rally so on Wed when it was at 1263, I decided to follow his advice and traded SPX 1235-1240 wk2 bull put spreads for $1.00 each. However the market tanked instead of rallying like he said and yesterday it ended up going down right through my bull put spreads ending at 1234.
Last night his advice was that the market was bearish now so I was preparing to close out the farm this morning and find a bridge to live under. Now, and luckily, (so far anyway), the market has rallied contrary to his advise from last night. We'll see what the market close brings.
Guess I'll revert back to my original strategy of coin flipping as it has worked so far.
His advice from last weekend was that the market was bearish. So on Monday when it was at 1257, I decided to follow his advice and traded SPX 1290-1295 Decwk2 bear call spreads for $.8 each. However the market rallied instead of going down and it threated by bear call spreads.
Tuesday evening he said we were still in a rally so on Wed when it was at 1263, I decided to follow his advice and traded SPX 1235-1240 wk2 bull put spreads for $1.00 each. However the market tanked instead of rallying like he said and yesterday it ended up going down right through my bull put spreads ending at 1234.
Last night his advice was that the market was bearish now so I was preparing to close out the farm this morning and find a bridge to live under. Now, and luckily, (so far anyway), the market has rallied contrary to his advise from last night. We'll see what the market close brings.
Guess I'll revert back to my original strategy of coin flipping as it has worked so far.
Followup. Well, ended up with a 9.81% ROI based upon those trades made following his advice which was luck because of the rally today. The down side would have been a minus fifty percent.
Trades from my strategy gave me 10.89% ROI today. Total for week is 20.70% ROI and 50.15% ROI for the 2 months I've been trading my little 3241 buck account. On to next week and keeping wity my own strategy.
Trades from my strategy gave me 10.89% ROI today. Total for week is 20.70% ROI and 50.15% ROI for the 2 months I've been trading my little 3241 buck account. On to next week and keeping wity my own strategy.
TIME TO END THIS FRAUD.
I have had 70 clients who are also ET Members. Every client is able to contact existing clients on their own accord to seek an independent opinion about my value. Of course they make money. And if somehow I was not very effective at what I do, surely it would be communicated on the internet. I take great pride in my integrity in terms of how I treat paying clients and the effectiveness of my deliverable.
In any event, my morning BM has more lucidity and definition than your market posts or calls or whatever you choose to label your proclamations. Do you seriously believe that your posts are a positive for you ?
My long term indicators have continued to warn of USD strength and EURO weakness and these signals have increased since 2009. The overdue dollar rally should be substantial. Unfortunately the next major equity crash will be worse than 2008.
Unless the markets rally three handles. Then the Xmas rally is back on.