There is NO MORE RISK in the stock market...!

[Nine_Ender]

New record highs
It pays to be a permabull

Anyone playing long or short indexes right now is underperforming. Are you really going to post this shit every time the SPX is up 0.4% ?

 

[sandy_s]

I remember reading on Elite Trader that markets couldn't possibly go up any higher, at least a thousand times. Vast majority of times market went higher. Just think how silly it is you posted this in a thread involving an OP who asked who was crazy enough to buy the Nasdaq in August 2020. Yes, he called the market top in August 2020 .

Buy do continue with the hysteria after all, SPX was up 0.5% yesterday that's 'parabolic" right ?

Get the joke sonny...

I am neither a bull nor a bear...I am a day trader...and it is not silly to post in any OP’s thread..

 

[Nine_Ender]

Get the joke sonny...

I am neither a bull nor a bear...I am a day trader...and it is not silly to post in any OP’s thread..

Then you'll be glad I pointed out OP called Nasdaq a crazy top in August 2020. Going long was the play then. Let's call it balanced reporting. A real estate agent vs a lawyer they were both wrong what are the odds .

 

[tomorton]

Keep calm and carry on trading.

When prices are rising, be long. When prices are rising and your risk is falling, buy more. If prices are falling, be in cash.

 

[KCalhoun]

saaweet! loving my uvxy today

 

[traider]

saaweet! loving my uvxy today

View attachment 270656

What happened? Just noticed you aren't a sponsor anymore. Does this mean you have switched to full time trading

 

[ph1l]

What happened? Just noticed you aren't a sponsor anymore. Does this mean you have switched to full time trading

A poster he disagreed with didn't get banned fast enough.

 

[SoyUnGanador]

Well, the 7% pull back last month of 1000 points in NQ would have been a 10% pullback from just a couple years ago, which is the classical definition of a correction.

We don't need the classical definitions to define a medium or long-term pullback. The higher they go, they harder they fall when the time comes.

The point being, all that financial stimulus did not prevent September from happening. And it will not prevent the next major pullback.

So wait, no 10% pullback?

 

[Overnight]

So wait, no 10% pullback?

If you want a correction in the ES, yer gonna' need a minimum ~460 point drop as of this timestamp. So there you have it.

 

[Nobert]

I wonder how many crypto gurus from 2017 made a comeback in 2020-21? To be fair, stock and option traders are just as bad as crypto traders now. There are young "gurus" all over Youtube and Twitter teaching people how to trade stocks and buy/sell options with the assumption that buy-the-dip always works. The way stocks recovered in 2020 (from a 30%+ drop to new highs in like 4 or 5 months) has given many a false sense of security. When I warn them of prolonged bear markets, they say "if you're afraid of stocks you probably shouldn't trade." As if they're the experienced traders and I'm just some scared newbie. They never traded through the dot.com crash or 2008, nor have they backtested their strategies through those times.

Yes. Was giving a look to the past perfomance of certain names during the prolonged bear markets.
On a surface level only, nothing too deep. There were good & strong names that didn't correlate too much, with the overall market & recovered much faster.

But, yup, especially the F.I.R.E movement, they're using DCA, while very few of em or none, have ever faced such market. ( 2 - 3 years of bear market )

What to say if someone does so in Japan and history decides to repeat itself.

Mood/enthusiam would vanish away like that portfolio.