Planet Earth's ultimate Short side game began Nov 2021

destriero said:
lol you shorted the low. Fiction has to make sense. 285 to 322 dot shot on QQQ. Nearly 13% face ripping rally. Is Kevorkian still alive?
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:D :) yeah I sure did but almost all shorts are untriggered - will fire on the way down.

That was the strategy - to place shorts under the wave lows and ride the bear rally until the topmost short triggered and then all the lower ones would trigger one after another. But I screwed up yesterday and today and got cott in the shorts. Did not follow my Plan.


:)


Prefer the hanging judge to Kevorkian


 
margin_gamble said:
When this thing is over I'm going to review thoroughly. In a week to 2 weeks this should be behind us.
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When what is behind us. The bear market rally? Um, you do know there is a fed meeting in September, and before that there are meeting minutes, CPI, two NFP, a ton of PMI, China Caixin, etc etc etc, You really need to consider what you are up against. Use caution, man.
 
deaddog said:
You get to choose when it's over. All you have to do is hit the close position button.
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Agreed. All I have to do is hit the close button and end it. :)

Thank you.

My decision is to continue as-is and ride the reversal tomorrow or very soon and have the loser shorts go green, stay green and all the other untriggered shorts from day 1 to get triggered and ride ride ride the downwave to take out the June 16th low.

No disrespect intended. :)
 
margin_gamble said:
Agreed. All I have to do is hit the close button and end it. :)

Thank you.

My decision is to continue as-is and ride the reversal tomorrow or very soon and have the loser shorts go green...
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Well, of course, there is a song for that...

 
Overnight said:
When what is behind us. The bear market rally? Um, you do know there is a fed meeting in September, and before that there are meeting minutes, CPI, two NFP, a ton of PMI, China Caixin, etc etc etc, You really need to consider what you are up against. Use caution, man.
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Thank you kindly. What hurts me more than my loss is that by not taking ET advice it could be construed as disrespecting sage traders. This is most certainly not the case.

I just gotta do what I am doing, Overnight. Sorry.

I just did a quick review of teh 5-min., the 60-min., and it is loud and clear that had I stuck to my plan which was going reasonably well of placing the shorts under wave lows that would be there to be triggered on the way down I would do OK. I broke my resolve yesterday and today and screwed up by violating this Plan.
 
margin_gamble said:
...What hurts me more than my loss is that by not taking ET advice it could be construed as disrespecting sage traders...
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You are probably the funniest poster ever.

Dude...Not taking trading advice from ET's sage traders is not disrespectful. The fack a "sage trader" is on ET, I do not know. But every trader in the universe makes bad calls. Nobody here can ever prove otherwise. Nobody in the universe of the markets is 100% correct. You just separate the wheat from the chaff.

You pick the bits of wisdom from each poster and make it work in your system, and you can call it a victory.
 
Overnight said:
When what is behind us. The bear market rally? Um, you do know there is a fed meeting in September, and before that there are meeting minutes, CPI, two NFP, a ton of PMI, China Caixin, etc etc etc, You really need to consider what you are up against. Use caution, man.
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Yes, when the bear market rally is behind us .......... meaning that the bear market rally will be over soon. Thanks, I will use the utmost caution to the best of my ability.

The bear market rally is very very close to being OVER. The very next leg down will be soooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo profitable that by the time June 16 low is taken out I will be up masssssssssive %.

I promise you this as opposed to my DEATH on this trade

:)
 
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