Sell Into The Rallies

Quote from makloda:

Of course, it seems you trade based on beliefs of what the market should do rather than on reacting to the market.
More...

Excellent quote.
Sounds very similar to this one:

Quote from Ivansaloser:

Slaves predict

Kings react
More...

:cool:
 
Quote from Landis82:

What does it matter to people that TRADE FOR A LIVING???

For those that TRADE, and simply react to price . . . this market is absolute HEAVEN!

You act as if everyone on ET ( and in this Trading Forum ) is some sort of an INVESTOR . . . and is investing in their IRA and 401k accounts.

With all due respect, I suggest that you take your posts that are directed to "investors" and post somewhere else.

I have read your posts for well over a year now and you always seem to be BIASED in a specific direction, rather than "listening" to what the market is doing and REACTING accordingly.

THIS IS THE TRADING FORUM.
Period.
More...

I never said anyone was an investor, im simply stating an opinion.

Did you sell the 300+ point rally this morning or are you still holding out for this new bull market and DOW 14k.

No need for you to continue to think you know what you are talking about when you dont even post anything worth reading, I at least post my opinions and what stocks to buy, did you see what happened to the stocks I averaged into, as you and makolda think that averaging into losers is just a losing game you are WAY WAY WAY WRONG.
 
Quote from S2007S:did you see what happened to the stocks I averaged into, as you and makolda think that averaging into losers is just a losing game you are WAY WAY WAY WRONG.
More...
Haha. Turning losers into winners by averaging into the position works great... until it doesn't! Let me guess, you never had a 'near blowup experience' with your averaging down strategy?

You will. Sooner or later. We all have to learn our lessons.
 
Quote from S2007S:

I never said anyone was an investor, im simply stating an opinion.

Did you sell the 300+ point rally this morning or are you still holding out for this new bull market and DOW 14k.

No need for you to continue to think you know what you are talking about when you dont even post anything worth reading, I at least post my opinions and what stocks to buy, did you see what happened to the stocks I averaged into, as you and makolda think that averaging into losers is just a losing game you are WAY WAY WAY WRONG.
More...

You have stated on more than several occasions that you DO NOT USE STOPS and that you continually "average-down" into positions even though those positions are completely underwater to the tune of double-digit losses.

Again, this is not a successful strategy employed by TRADERS. In fact, I don't know of any TRADERS that average down and do not use any kind of risk management techniques, such as using stop-losses.

I would suggest that you please take your posts out of the TRADING forum.
Your "opinions" are devoid of any application to the real TRADING world.
 
Quote from makloda:


Of course, it seems you trade based on beliefs of what the market should do rather than on reacting to the market.
More...



Actually what I predicted has happened.
 
Quote from S2007S:

you and makolda think that averaging into losers is just a losing game you are WAY WAY WAY WRONG.
More...

That's what Long Term Capital Management thought until they blew up.:cool:

The only thing you get from picking bottoms is a dirty finger.
 
Quote from goldenarm:

That's what Long Term Capital Management thought until they blew up.:cool:
More...

Exactly.
They kept "averaging" at 1, 2, and 3 standard deviations and it never came back their way.
They got CRUSHED. That's what happens when you are biased into your "prediction" and "stops" aren't used.
 
You must log in or register to reply here.
Back
Top