Short AAPL $632 I got 'em

Quote from Uncle_Ho:

I'm still selling those bondos surdo man!!! :) How you been over the years?

He can admit that I am a true trader.
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This has got to be a hoax. You two are in on it together right?
Or perhaps Uncle Ho is a schizophrenic, and one of his critics in this thread is his other half?
It's not me, by the way....
:p
 
Quote from rulebase:

I think it's one of the most common mistakes that people try to call a top/bottom. They could try to short the up trend and be right once after 9 wrongs. It's better to buy on dips and follow the big trend and be right 9 times before failed once.
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I agree with this 100%. I know, because I used to do it all the time. Lost lots of $.....
:(
 
Quote from cactiman:

This has got to be a hoax. You two are in on it together right?
Or perhaps Uncle Ho is a schizophrenic, and one of his critics in this thread is his other half?
It's not me, by the way....
:p
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Surdo has been a prop-trader for more than a decade. WTF are you?
 
Quote from rockefehler:

I don't like the trend is your friend, most trends are stopped short. You must trade movement, whether it is in trend, range or chop. The movement is caused by several factors: imbalance, momentum ... etc.
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I guess it also depends on the time scale you trade in.
If you "bought and held" AAPL for the last 3 years, and added on all the dips and breakouts, its Trend would have been your Best Friend indeed.
If you got in January 2011 and sold in late June 2011, you'd have lost money.
If you do swing trades, you could have scored big by just shorting all the dips.
Day traders did well regardless of the long term trend, like you did yesterday.
 

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Quote from Uncle_Ho:

I'm still selling those bondos surdo man!!! :) How you been over the years?

He can admit that I am a true trader.
More...

true trader or not you got more balls then me to go directional thru earning.
 
Quote from atticus:

Surdo has been a prop-trader for more than a decade. WTF are you?
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Now Atticus, don't get all excited. I wasn't trying to insult Surdo. I'm just trying figure out if Uncle Ho is for real.
I guess Surdo has confirmed Uncle Ho really exists, and you've now confirmed Surdo really exists.
So I guess my suspicions were wrong. Fine by me.

Anyway, Uncle Ho, are you still Short AAPL?
 
Quote from rockefehler:

Looks like Uncle Ho's puts are getting profitable after all ... I wouldn't be too greedy if I were him.
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Yes, AAPL at 629. The headlines are blaming all this deep red on Europe.
This is the rumored correction happening I guess. This is when Trend Traders start to reexamine their faith....
I hope Uncle Ho sold his Puts on the dip!
 
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