Do the same with SQQQ to see why I'm long in it
200 sma on the hourly:
The Wall of Shame
- Thread starter Wide Tailz
- Start date
200 sma on the hourly:
%%Do the same with SQQQ to see why I'm long in it
Good points/
+ my points are like good 200 dma =lagging.I see your yesterday points \profits/good thing i took a late , laggggggggging luNch. todayLOL
Smart guys think cutting losses is a sign of being dumb, but in the real market, we're all dumb!
Dumb are those who don't cut losses - absolutely.
Most not all. Don't include me ... and others.
Stops, just like traffic stop lights, are there for a reason.
California real estate has been a stupid good investment all these years. But I think we're nearing the top, because investors are buying properties now just to sit on them like raw land.
Here's one.....
Yeah, CA properties were a great investment from 2009 til 2021, when it topped. Now much less so. I'd wait at least through 2024 and a clean up before considering it again.
%%
ARE you saying that 50 week moving average is right+ some times patterns may repeat in the future??
I agree.
Some OCTobers are bear killers\ but good points on 50 wma
I have so much practice protecting my money from my own lack trading ability that I see these simple signs after enough repetition.
Take my advice, any other losing traders. If you just cut losses you can stay in the casino a lot longer....
Take my advice, any other losing traders. If you just cut losses you can stay in the casino a lot longer....
What happens if they cut losses at the bottom, and they turned into winners if they had not cut?
Just a bit of bad luck, or was it prudent risk management?
No that's just plain dumb also. Losses should be cut once they reach a pre-planned threshold, why by bother well after.
Everyone has a profit target in mind putting on a trade, not many a loss "target" they can live with ... until they no longer have a choice in the matter.
Choice is good.