TOTAL HONESTY: how much did you lose today?

I did not lose today, but I am no genius, I got lucky. I use ToS. I heard the gong go off in my software and noticed the FED had announced the rate cut. I checked the DOW and saw a red candle growing larger and larger so I purchased 100 shares of TWM. When it was up a $1, I put in a $1 trailing stop. The rest was history. I was on the sidelines otherwise. Market to volatile for me and I can't watch my account as much as I'd like to.
 
Im sure the fuck nut that was busting my balls about getting out of my longs, which I held since Nov's second dip, on Friday lost a shit load.

I will not post the Idiots handel, he knows who he is.

So, hey fuck nut! Hope you got long and strong. I do not have a crystal ball but the S&P double top, the rally before the Feds decision were two key signals....900 point rally in the INDU before a fed decision is telling..

IDIOT!
 
Quote from atticus:

This thread is loaded with hindsight edge.
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This thread is loaded with newbies and amateurs with rinky dink accounts and short term short profits. A serious trader, a real trader working with numbers, big numbers like me, lost today. You just can't get out quick enough.

I have been trading for over 20 years. Made 13-14% in the past couple of weeks, gave back 0.5% today. Almost all cash now and on the hunt. Gonna kick ass and clean out some of these newbies.
 
Quote from Bogan7:

Finished well in profit again so I am happy why work harder than you have too? There is more to life especially for me.

Cheers
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That doesn't fool anyone, you are not profitable
 
Quote from EMRGLOBAL:

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Yup, you nailed it Super D.J.! :)


Quote from EMRGLOBAL:

(From Dec 9th)

Yes, the writting is on the wall.

I bought heavy into the dip of about 10 days ago..or so, Financials/Banks and some blue chips.

After watching the S&P on friday, all day and having the run up before the Feds, I sold out of all my positions...IMHO the Xmas rally is over...
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A .25 point cut was clearly priced in already, in fact most people were trading with the assumption of a .5 cut. I knew a .25 cut would result in a sell-off although not this big, yikes.
 
i broke even - in the personal account i held a bunch of fxi 200 calls which lost about 1.50/contract today, in the office account i made back shorting what i lost in the personal so came out even.
 
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