I take it you have never played Russian Roulette or aren't married.
If you can't be consistently profitable, your brain will fester on you for a variety of reasons.
Only I can pick the top: Short 1049 ES
- Thread starter TheBestGuruEver
- Start date
I take it you have never played Russian Roulette or aren't married.
If you can't be consistently profitable, your brain will fester on you for a variety of reasons.
Well, since we just hit 1071.75, I guess the OP is now stopped out. This is why you never short into the face of an uptrend - you wait for the trend energy to die out, for a range to form, and then for price to start accelerating to the downside. But in general, making a swing trade short call in the middle of a 6 month uptrend is pretty much always a bad idea, especially in a juiced market like this one.
from your lips to et ears
Quote from deaddog:
Are you not supposed to call the coin toss when it's in the air?
I'm missing the point most likely but if your trading isn't any more accurate than a coin toss you have larger things to worry about. Calling a short as this market was currently making new highs and strength still straight up was foolhearty.
As an independent trader we each find a personal level of consistency based on whatever method works for US. The one thing I have found is that taking the time to learn to read a chart has been priceless. Guessing is not something I can live off. I have to earn a profit each day. The key word is EARN.
I thought I read that he only trade 2-3 times month. And he only tries the major reversal every 1-3 months.
you know him so well how?
I wan't making a live call just responding to it. Mine was just a snide response.
Though profitable, I didn't make my trade based on the Guru's pick. It was hilarious though that it worked out as a nice fade.
