Trading is easy

[volpri]

again that's why 'bulls and bears' view is useless.... it's really more like a poker game... when them boys bluff, do you have the skills and the guts to call them bluff.... that's what the game is all about.

How can you deny the bearish pressure? And say bearish pressure is useless? It isn’t a poker game. It is REAL bearish institutions driving this down. Bulls have capitulated.

 

[imjohn]

intraday makes sense only when you are so certain on the direction and you can just pile on and make a killing...forget trading 1 contract and sizing up gradually... I am talking about when you smell blood you put on 10-100 contracts and make your year in a few days... that's what intraday is for.

Smell of blood in the air... but I'm guessing master dozu hasn't been putting on 10-100 contracts intraday short this week.

Just keep hitting that buy button.

no I haven't... not my style... but when due time comes I will.

vix climbing to 40+, due time

 

[dozu888]

70% Htf and algos. We peanut traders aren’t interesting to them. It is the bearish institutions winning over the bullish with the bears applying more pressure while bulls are backing off or standing aside. They aren’t interested in running stops on us. We are just a bag of peanuts to them. They are after each other. Bullish vs bearish institutions. Bearish are winning. Chart shows that clearly. Why go against them?
But dozzy.....margin calls???

no margin calls, will have some cash coming in... BUY MORE!

 

[notagain]

missing the ole bull

 

[ironchef]

no margin calls, will have some cash coming in... BUY MORE!

You just got a second mortgage?

 

[dozu888]

70% Htf and algos. We peanut traders aren’t interesting to them. It is the bearish institutions winning over the bullish with the bears applying more pressure while bulls are backing off or standing aside. They aren’t interested in running stops on us. We are just a bag of peanuts to them. They are after each other. Bullish vs bearish institutions. Bearish are winning. Chart shows that clearly. Why go against them?
But dozzy.....margin calls???

can't really separate peanut traders from institutions, who get subscriptions from small accounts.

for the closed-end funds, say you have bulls and bears trying to kill each other, and assuming they have equally smart people, then it's a zero sum game for them right..... so where is the dumb money, it's the open-ended subscriptions and individual peanut traders.... that's where the smart guys taking money away from the dumb.

sure you can go momentum with the bull winning/bear winning view.... that's one way to make money, I am saying that's not the easiest way.

 

[dozu888]

You just got a second mortgage?

why not.

 

[volpri]

no margin calls, will have some cash coming in... BUY MORE!

Sooner or later it will head back up but the average little trader can’t hold through the drawdown nor wait for that. It can even take years to get it back. Good luck.

 

[volpri]

no I haven't... not my style... but when due time comes I will.

Once the market bottoms (quits selling off because of every bad news headlines) and turns back up we will probably see bulls come out swinging and see some spectacular rallies. There is no real fundamental reason yet for this selloff. It is all fear...and headlines. This said I short the declines and will go long once it bottoms and turns. But since it is such a forceful decline I won’t be buying and averaging down on that side. I been mostly selling and scaling in on the short side. Stops have to be wide. Volatility. As of now it is just mostly institutional selling on fears of fundamental disruptions in the economies. Depending on what happens Those fears may subside or get worse if supply chains get seriously disrupted. I really don’t see this as the bulls hammering it down to create a buying opportunity. This is more like bulls capitulating ....exiting positions and joining the bears.

 

[dozu888]

Once the market bottoms (quits selling off because of every bad news headlines) and turns back up we will probably see bulls come out swinging and see some spectacular rallies. There is no real fundamental reason yet for this selloff. It is all fear...and headlines. This said I short the declines and will go long once it bottoms and turns. But since it is such a forceful decline I won’t be buying and averaging down on that side. I been mostly selling and scaling in on the short side. Stops have to be wide. Volatility. As of now it is just mostly institutional selling on fears of fundamental disruptions in the economies. Depending on what happens Those fears may subside or get worse if supply chains get seriously disrupted. I really don’t see this as the bulls hammering it down to create a buying opportunity. This is more like bulls capitulating ....exiting positions and joining the bears.

yeah that's good... I used to be short term as well....

for me I need to have the fundamentals lined up so shorting the 2000 bubble had more conviction.... right I am just accumulating more... no brainer.