Remain calm...

cashmoney69 · May 10, 2007

Quote from stock_trad3r:

I also recommended many good stocks

What are your calls for the weeks ahead?

cm

S2007S · May 10, 2007

as the dow breaks intraday lows. This is volatility......

down 150!!!!!!

windwallker · May 10, 2007

Amen brother

Quote from Longhorns:

That's all you ever say!!!

If you are investing for your retirement 30 years from now, then by all means buy.

However, this is a trading website. Buying on the first minor dip after a massive 2 month runup is just terrible advice.

windwallker · May 10, 2007

This is why you are a losing trader, you're asking for advice from a complete mook.

Quote from cashmoney69:

What are your calls for the weeks ahead?

cm

cashmoney69 · May 10, 2007

Quote from windwallker:

This is why you are a losing trader, you asking advice from a complete mook.

I'm not a losing trader. check my journal. I've never taken stock tips from ET, I asked because I wanted to follow them and see for myself.

windwallker · May 10, 2007

You said you are looking for a job, that tells me you are a losing trader. If you cannot support yourself trading fulltime (and trading is all you do), that says a lot.

Quote from cashmoney69:

I'm not a losing trader. check my journal. I've never taken stock tips from ET, I asked because I wanted to follow them and see for myself.

cashmoney69 · May 10, 2007

Quote from windwallker:

You said you are looking for a job, that tells me you are a losing trader. If you cannot support yourself trading fulltime (and trading is all you do), that says a lot.

agree to disagree.

atticus · May 10, 2007

Well that's great, that's just fuckin' great man. Now what the fuck are we supposed to do? We're in some real pretty shit now man... That's it man, game over man, game over! What the fuck are we gonna do now? What are we gonna do?

JSL_Capital · May 10, 2007

Yes remain calm. If you missed out this morning, we'll probably have a decent bounce to short into again until the options expiry with the 1480s target area on ES.

michaelscott · May 10, 2007

There are plenty of traders who work for hedge funds and large mutual fund companies that lose money all the time. One guy at Fidelity caused billions of dollars in losses on one fund alone. Then there is that guy who lost 6 billion dollars and then now has a new gig some months later. Yet there are plenty of non-pro traders with detailed logs of their trade and who can prove it with account statements who actively look for trade jobs, but cant find.

Wall Street confuses me.

Quote from windwallker:

You said you are looking for a job, that tells me you are a losing trader. If you cannot support yourself trading fulltime (and trading is all you do), that says a lot.