When Russia invades, go ALL IN...

Millionaire said:
It wasnt that great a call, as soon as Russia invaded the Dow fell almost 1000 points in the overnight session.

So you would have to have taken almost 1000 point heat on the trade.

The OP didnt say wait until the next days regular market open to buy (which was a much better entry), he explicitly said buy the minute Russia attacks (see his opening post on this thread)

And you might say 1000 points heat isnt much, but when you are 'ALL IN', it is going to be a lot of $$$$$$, with a high chance that you might panic sell near the bottom because your dollar loss is so big.
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You're right. Good points.

But to be fair, a solid trader would have been stopped out a few times before catching the bottom, rather than riding the loss down to the bottom. (Of course, one couldn't be all in.) So the total heat would have been much less than a thousand points.
 
SoyUnPerdedor said:
I never CLAIMED to make a bunch of money in my post. It was merely a post to tell everyone what I was feeling and to help everyone make money on it. Get it? Let me recap this thread:

Me: Hey guys, when Russia invades you should go all in because the market will go up in short order and you will make lots of money!

Me: Hey guys, see the market did go up just like I told you so, hope you all made some money off my recommendation!

New York City Rat: You are a lying piece of shit unless you made a trade on this and made money on it.

Me: WTF? I just posted it to help you guys out, not to brag that I had made money. Why attack me like that?!?! But, now that you ask, I did in fact make money on it for what it is worth.

New York City Rat: Then post your screen shots or you are a scum bag liar!!

Me: You know what, you want me to do some extra work for your dumb ass when all I was doing was trying to help the forum, then I'll do some extra work, but not without you doing some extra work and me getting $100 out of it for my time wasted.

New York City Rate: See I knew you were full of shit!!!!

Neverupatnight: Yea you should post screen shots to prove yourself!!!

Truly unbelievable.

So, in short, you guys can go FUCK YOURSELVES. Get me my $100 and then I will post screen shots. Until then kindly stick to eating dicks.
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Though it wasn't perfect, I appreciate the public call.

I was curious as to how you arrived at your prediction, if you don't mind sharing. Thanks.
 
The call wasn't that original either.

"the time to buy is when there's blood in the streets."

Said by Baron Rothschild, in the 18th-century

Many traders are aware of this saying as it applied during both Gulf Wars.

I remember it well from 2003, i was short SPY in march 2003 and they rallied the markets as soon as the invasion started.
 
userque said:
You're right. Good points.

But to be fair, a solid trader would have been stopped out a few times before catching the bottom, rather than riding the loss down to the bottom. (Of course, one couldn't be all in.) So the total heat would have been much less than a thousand points.
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The main problem with the call was the generic buy QQQ idea. QQQ was never a reliable way to play it imo. If one insists on trading US indexes, the SPX behaved rather well and the buying seemed to always occur from the same floor. But certainly it was a far better call then all the guys on trying to short the bottom at the time. I used the SPX as a rough indicator this year when we may see a wave of big buyers come in on everything. If I'm going long on a reversal trade I'm not going to go long the weakest sector. But OP can be congratulated for going against the crowd when negative sentiment was huge and many quality stocks got oversold.
 
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