Traders make pennies, Investors make dollars

[sunggong]

Quote from wareco:

Sure he can. All he has to do is make a post around oh, say 7:19 p.m. each day saying he made a 49% return without providing any evidence of same. You know, kind of like what you did.

 

[athlonmank8]

Quote from jhithers:

lol. Did you have a bad day.

me? no lol.

But I honestly can't believe my eyes here. I'm sorry to say it, but a lot of this market is sentiment. Not technicals.

Hell, I hate to bring this up, but after all these responses.....

Paul Tudor Jones was quoted as saying he made half his money from fundamentals and half from technicals.

 

[athlonmank8]

Quote from Joab:

You may want to post this in EliteInvestor forums.

This forum is for real men !

For every AAPL there are 3000 wanna bee's

AAPL is only AAPL after the fact.

And just for your information I made 490,000 pennies today with a 10k account can you do 49% returns each day ?

First, I'm not talking to you lol. I know you know what you're doing.

Second, you trade options......that speaks for itself.

Third, Im almost certain you did it in a way most traders on here can't.

 

[athlonmank8]

Quote from NoProblem:

Sure, Enron, C, TMA, CHTR, FNM, FRE, WLP, AIG the list keeps on going!

Wonder who would buy RIMM, APPL etc now for an "investment"?

Those were all technically washed up before the shit hit the fan. BSC same thing.

Value investing isn't the way to go unless you're warren buffet or someone who knows what real value looks like.

RIMM and APPL yes....but I didn't say chase the fuckin things. I'd wait for a pull-back

 

[QQQShort]

Quote from athlonmank8:

I'm sorry to say it, but a lot of this market is sentiment. Not technicals.

Technical and sentiment are not mutually exclusive.

 

[RiceRocket]

If you were an investor this year, you would have missed 4 huge money making opportunities trading the bottoms and tops of the volatile moves. Speaking of AAPL you could have sold at 199 in December and re-entered at 120 a couple months later, to ride it back to 190. And you can now ride it back down from 187 to 160 short.

 

[athlonmank8]

Quote from QQQShort:

Technical and sentiment are not mutually exclusive.

True. There are exceptions to everything That's what traders are for.

(yes I use technicals BTW) Couldn't live without them.

 

[athlonmank8]

Quote from RiceRocket:

If you were an investor this year, you would have missed 4 huge money making opportunities trading the bottoms and tops of the volatile moves. Speaking of AAPL you could have sold at 199 in December and re-entered at 120 a couple months later, to ride it back to 190. And you can now ride it back down from 187 to 160 short.

The longs yes. The short on AAPL I'm going to have to disagree. Short 140ish if it ever gets down there.

Shorting the tops is like buying falling knives.

 

[ctarmor-et]

Quote from RiceRocket:

If you were an investor this year, you would have missed 4 huge money making opportunities trading the bottoms and tops of the volatile moves. Speaking of AAPL you could have sold at 199 in December and re-entered at 120 a couple months later, to ride it back to 190. And you can now ride it back down from 187 to 160 short.

I like how anyone can read the left side of the charts. Lets see if your chart-to-right reading works out .. AAPL closed @ $186.26

 

[lindq]

It's a good idea to have dollars in both longer term 'investments', and short term speculation (trading.)

They can be mutually supportive, especially during periods of low volatility uptrends when trading gets tough but holds are showing profits.

Each has its value, and its time in the sun.