No Such Thing As A Down Equities Market

Quote from makloda:

However, myminitrading makes an important point -> In this market, you don't need to learn how to trade. You just buy the dip and hold. No teachers required.


i see the humor, but you know if a buddy jokes with you a little; it's funny, then when he doesn't stop it the fun wears off fast.

also, as someone with deep market experience, you know even now you cannot set it and forget it. no need to further explain as you know.

furthermore, even though he is trying to make a point; this type of humor has worn thin on some good guys who bring a lot of substance to the table. next thing you know, you are left with very inexperienced people. i for one would like to appeal to those who are hurting the community to stop their ridiculous posts.
 
A lot of the so called 'experts' dont post anything useful for most people anyway. When I make a blunt statement like "buy the dip" "or subprime is no big deal" thats clear cut info you can use to make money. Posting a bunch of vague gibberish, as a lot of the respected experts tend to do usually isnt helpful.
 
Quote from stock_trad3r:

A lot of the so called 'experts' dont post anything useful for most people anyway. When I make a blunt statement like "buy the dip" "or subprime is no big deal" thats clear cut info you can use to make money. Posting a bunch of vague gibberish, as a lot of the respected experts tend to do usually isnt helpful.

What about "sell the spike" ? Your repertoire ending with "buy the dip" ? :D
 
BUY now

and just sit back and wait 4 the rebound

we still have plenty of upside to go

fortuneteley for me I dont panic when market goes down because I dont have highly leveraged short term investments.

I am also working on an options algorithm that will tell you when to place calls and for how much money to invest based on two probability mass functions.
stay tuned for that

werd
 
you can't average down if you are on 90% margin

and over 90% of volume is speculation so averaging is not for traders.

average down is for amateurs or pension funds but they are tiny part of the market and wouldn't touch a lot of the market.

Quote from myminitrading:

It would seem no amount of bad news can keep the market down. If it ain't the fed propping up the market its something else.

Just buy any dip in the indexes and hold on. It may go against you but it always comes back.

What frustrates most traders is getting stopped out and not having enough nerve to re enter, just to watch the market climb up and over you entry point.

I have learned over the years aside from the tech bubble, to just hang on and average down, it always pays off.
 
Uh or markets rebounding shorties

nasdaq moving higher

if you look at the 5 day chart you can see we retested last thurdays close and bounced off it very sharply

Great time to buy now for a quick daytrade or long term hold
 
Mymini, and other trader friends that believe in Santa Claus, my I suggest just one simple thing to you. Why not put a regression line on the market of your choice just every now and then. Not everyday by any means, just once in awhile to see what you can see. And i would suggest using some reasonably long time frame like at least a month at the minimum. Then maybe report back to us from time to time on whether the slope of the regression line is positive or negative, and whether the slope is changing at all one way or the other :)
 
Back
Top