Weekly Poll: Last Chance To Show Off Your Prediction Skills In 2010!
- Thread starter shortie
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Buddy, reading your posts, you are definately an amateur who understands very little about stock markets and trading. This is not open to debate it is very clear and obvious.
You don't seem to understand the "flash crash" it had almost no effect on most swing traders. If anything, it was an opportunity for day traders to make a lot of money.
What seems to have gone way over your head is my point. That is, stock market crashes tend to be spaced out by 7+++ years. We had a crash that ended in March 2009. That was very recent. Stock markets just don't crash because a market is up 14% in one year. People don't panic sell their investments over such minor swings in equity valuations.
The fact, it is only to readers of this forum that it SEEMS like 7 years since the last crash, because we have to see weekly predictions of imminent market crashes from morons like you.
It was definitely an opportunity for day traders to make a lot of money, but I read one account after another about position traders getting stops triggered, slippaged out of positions at ridiculous prices when the bids dried up, only to see the price bounce back significantly afterwards. There were many losses endured for no reason other than big players pulling out of the market for a period of time (no major news event).
Ok, smart guy, I can tell you right now I lost ZERO dollars on the flash crash. Tell me how your paranoid short bias made you money on the event. Be specific I'm eager to know how you profit from this fear. Traders know that someone shorting that drop was almost as much at risk of a large loss as someone long equities before the drop. But do tell us what you shorted during that quick drop it might make for a good war story.
I don't categorize the "flash crash" as a stock market crash at all.
A real crash has a lasting effect on overall market valuation for longer then two hours. If you choose to fear such events well by all means live by that fear.
no, you go first and explain how you did not lose any money during the flash crash. raging bull like yourself surely would have used some leverage during march-april runup.
how much are you leveraged now going Long? you seem very convinced that nothing will stop this bull, there won't be another flash crash, etc.
how much are you leveraged now going Long? you seem very convinced that nothing will stop this bull, there won't be another flash crash, etc.
