The S&P 500 has topped at 2430 on 6/1/17

[propwarrior]

So we can fade your a$$ and make bank






All kidding aside buy1 is just calling out your posting because normally on et one post their trade before the fact, instead of claiming position after the move has materialized.

only on ET that place where all the winning traders hang out. i post up actual fills and then says they don't count as they could be photoshopped. Nah I have been around the block mate, happy with the amount of cash I have made in the last 2 weeks been a comfortable ride to new ATHs.

 

[propwarrior]

Added 2469.25

so you have added to a short loser twice and the market is at a new all time high, literally jammed right up there lol it's an incredibly bad trade mate. I would be amazed if you have real money at stake here, post up your fills and show us this isn't a wind up.

 

[Gotcha]

@propwarrior

For someone who is so keen on calling this nothing but a bull market, you sure seemed to have gotten in very late, and also took just a small little slice of the move.

You talk as if you're a god that has been around forever, yet your current alias is less than a year old, and your first call on the markets crashing from Trump and gold soaring was utterly wrong.

I thought that the experience would humble you a little, but clearly not. Had you actually taken positions in that major crash you were calling, I do wonder how much you lost there, and especially in comparison to this little 1500 pound profit you are gloating about.

 

[Nine_Ender]

To those on here trying to say his shorts were somehow smart and there was any logic to them at all, stop. The reality is since he declared a short on the SPX around 2380, SPX is up almost 4%. Meanwhile, almost every international index is down around 3-5% the last month.

He declared a "top" in a slow trending bull market up with no catalyst to drive it down beyond the idea that eventually the market may reverse. His target returns weren't big enough to justify his trades. The fact that he laughed at a poster that had the right idea, that a short trade at this point you should aim for a bigger return ( e.g. a true top suggests a significant correction ) mainly supports the idea that he is playing games on here or simply doesn't have a clue what he is doing. If he said I think the market is fundamentally overvalued, it's the summer, and I smell a large correction I wish to guess will occur, I could buy that more then the theory he's selling at the moment.

 

[volente_00]

Shorted 2467
Stop 2477

objectives are
2458.5
2453.5
2448.5


Will add to 2471.5
Added 2468

Added 2470.5

 

[propwarrior]

@propwarrior
For someone who is so keen on calling this nothing but a bull market, you sure seemed to have gotten in very late, and also took just a small little slice of the move.

hahaha. I love these straw man arguments. I have been warning people not to short all over these 'the top is in this time' threads. Now it has made another huge new ATH I am getting all the hate. I am now getting people saying a statement I posted could be faked and now you saying I seemed to have got in late lol. Not one of these pikers has said 'yeah with hindsight being short was pretty dumb'. I was wrong about calling short on a trump victory, I wasn't the only one and I owned up to it. Losses are part of the business but making really really dumb trades are not.

 

[theapprentice]

Nah, I remember vol from the ES journal. He DOES have some skills. If I could find a broker who didn't allow shorting and opened an account for someone else to trade, he'd be one of the traders here who i'd trust my money with! He'd get in at the lows, cover at the highs - rinse and repeat

But i'm not sure whether these shorts are for some sort of ego play. There's no shame in LOSING continuously on short trades on the SPX, because obviously it will always go up over time., It has too. Higher numbers are literally guaranteed, so you're picking up coins on the railway. But there is shame in TAKING shorts in the first place, maybe

there's no excuse to be losing money in this market when my dog walker opened an account about a year ago with zero education, and has tripled his yearly wage from spreadbetting the DOW!

 

[Gotcha]

hahaha. I love these straw man arguments. I have been warning people not to short all over these 'the top is in this time' threads. Now it has made another huge new ATH I am getting all the hate. I am now getting people saying a statement I posted could be faked and now you saying I seemed to have got in late lol. Not one of these pikers has said 'yeah with hindsight being short was pretty dumb'. I was wrong about calling short on a trump victory, I wasn't the only one and I owned up to it. Losses are part of the business but making really really dumb trades are not.

Listen, only @volente_00 knows how much he is losing on his bad trades, and how much he made on those few he got right. But so far, you only showed the profit from a tiny up move, a small slice, so even though you're been all into this bull run, you don't have much to show for it. Do you want to take a long position here right at ES 2470? Oh wait... before we even start this, are you the guy who said you would be comfortable with an 85 point stop? Or way that someone else... sorry, don't recall.

 

[propwarrior]

Added 2470.5

I know you have been trading a long time mate, this call aside here is what i don't get. All the guys who have been in the game for a long time will understand this. When you get a trade or two wrong it is absolutely critical to keep a cool head and not quickly dive in to try and arm wrestle the market the way you want it to go. The skill of handling your own emotions and walking away after one or two losses and not jumping right back in takes a long time to master. I have noticed that when you do take a loss you tend to jump straight back in, you don't walk away and take a break and reassess things the following day. This is a big warning sign flashing for me. just sayin.

 

[volente_00]

so you have added to a short loser twice and the market is at a new all time high, literally jammed right up there lol it's an incredibly bad trade mate. I would be amazed if you have real money at stake here, post up your fills and show us this isn't a wind up.

You also told me my other short trades over the last 5 months were bad because we were at all time highs then and the majority turned into large winners from anywhere to 40-70 points. I've posted my winning and losing trades and what you see is what you get yet the pessimist in you focuses on my small losing trade while ignoring the larger winners.

My number was 2471.5 to short
I started building at 2467
As I stated earlier this week my range is 245-247 spy for the week.
I was posting actual 5 figure pnl pictures, not screenshots from my dom back in 2006.
What is my incentive to post them again ?
If you don't think I even trade it makes no difference to me.