Stcoktrader3 or whatever his name is took some really stupid long positions last Apr and was in the red pretty bad and then he got the rally he needed to bail himself out. He never covers, down big on some trades, he just holds. My point is, the mkt wont bail him out everytime and eventually buying every dip blindly like he does will get him crushed.
There is nothing wrong with being long in a bull mkt of course, but this guy is so biased that eventually he'll get smoked. It happens to everyone. Just take a look at the so called experts back in Jan 2000, they almost all saw huge upside ahead. We all saw what happened shortly after.
There is nothing wrong with being long in a bull mkt of course, but this guy is so biased that eventually he'll get smoked. It happens to everyone. Just take a look at the so called experts back in Jan 2000, they almost all saw huge upside ahead. We all saw what happened shortly after.
