This Market Sucks!!!
- Thread starter retire45
- Start date
SHORTING IS DANGEROUS. Did you lean your lesson On FRIDAY? How much did you lose? Perhaps a margin call waiting for you on Monday?
I see lots of angry posts. My kind of a day! Shorts burning in hell! Friday taught these greedy bastards a lesson.
Whoever instituted that last 1/2 buy program on their asses I salute Thee!!!! Good job. May you do it again and keep these misfits in their cages...
May you do it again please.... ?
Regrets, regrets, regrets. Money lost is money gone.
It never comes back, its gone forever. Try making it back.. How many of you lost money on Friday? Give us some indication please.
I hope these buy programs happen again after 3.30 PM. Whoever is doing it should be awarded a medal of honor..
I read ET as a study in investor psychology.
Quite interesting for you to state that there are alot of angry posts on ET and then you make this statement, "shorts burn in hell" .
As a professional profitable trader(If that is what you are actually striving for) you should not have any qualms about how you can make money in the financial markets and whether it is made by long positions or short positions. Whenever I see a statment such as yours, "Shorts burn in hELL" I see an example of a young twenty something newbie trader to the financial markets.
Quite interesting for you to state that there are alot of angry posts on ET and then you make this statement, "shorts burn in hell" .
As a professional profitable trader(If that is what you are actually striving for) you should not have any qualms about how you can make money in the financial markets and whether it is made by long positions or short positions. Whenever I see a statment such as yours, "Shorts burn in hELL" I see an example of a young twenty something newbie trader to the financial markets.
YOU are wrong again. You don't know a damn thing about me.
I am the guy who makes 5-10% monthly returns in Options trading. Something which you cannot even parallel in shorting equities.
So shut up and donot tell me how money is made. Real money is made when markets are bullish and sky is the limit, how high something can go. Very little and fewer amounts are made when stocks are beaten down and shorted. Shorting is very dangerous as you have seen on Friday Feb 22nd 2008.
These idiots always want to take something down whenever they can. Serves them right.
Lets just hope these buy programs hit again and again and killing these shorts. Margins calls anyone please?
Fair enough, I do not know your TA in this case. Dont assume you know ME and how I trade though. Trying to classify ME as a reactor is false, I have posted probably about 50 posts or so about how anticipation is key. I have been trading for 10 years everyday and the kind of price action that we saw friday probably happens less than 1% of the time. Being that there is also news that certainly came into play, I'd say that the combination of fridays events makes fridays action even more rare.
Congrats if you bought close to the low and held on for a big gain. I bought once we printed 34.75 and caught 6 pts. Not that great but on 6 lots thats a decent gain for me.
Congrats if you bought close to the low and held on for a big gain. I bought once we printed 34.75 and caught 6 pts. Not that great but on 6 lots thats a decent gain for me.
Quote from JSSPMK:
What is a gamble to you, may not necessarily be so to another person. To assume something you do not fully understand as being a gamble IS naive. You, Sir, are a reactor, I class myself as an anticipator. There is no way you can make judgmental statements based solely on your own research. Could you be wrong? No?
P.S. I assumed you are a Sir
Real Money is made on both sides of the market.
The previous poster point out that your failure to note such a basic tennent of markets provides all one need know about your abilities.
Those that trade Intra-day move both long and short depending on market conditions. A world famous options trader should know this.
- Spydertrader