Wait till the end of Q1 before you commit to the short side. They got to get it up a bit more so 401kers dont all commite sucide when they open the ststements.
Who's stupid enough to be shorting these levels?
- Thread starter athlonmank8
- Start date
My broker and I had a VERY long conversation today about the emini sp, he advised me to go short at 818. He is a bit expensive but when this trade pays off big, it will be well worth his comission and fees and data fees. I called my brother, he is geting short too, but he uses a discount house. Those places make me nervous.
March 25, 2009
Tried to be smart and went long - trade failed - lost money
Turned stupid and went short - made money
So the question - Do I want to be smart and broke, or stupid and profitable?
NOTE: Every day the mkt goes down - I think of this thread - and laugh
I believe I've made my point now - I'm done
Redneck
Personally here we are short and will be the nq until amzn, rimm, goog, aapl retrace at least 30-40 percent.
we are short es, cl and will maintain our position as long as gold is above 850 area.
Traders who only go long miss out on 50 percent of the trades.
What is at these level is the opportunity to sell puts on many stocks and be paid to take a long position on stocks and then sell otm calls and us the call strike price as your exit.
long and short always
w
we are short es, cl and will maintain our position as long as gold is above 850 area.
Traders who only go long miss out on 50 percent of the trades.
What is at these level is the opportunity to sell puts on many stocks and be paid to take a long position on stocks and then sell otm calls and us the call strike price as your exit.
long and short always
w
I was reading your posts for the past few months and you struck me as a pretty big blowhard, someone who probably doesn't trade at all, given how likely you were to call others 'idiots' etc. Not one of the successful traders on here who I know ever post in the manner you do, insulting people left and right and telling everyone how great they are.
However, I see that you have the decency to admit that you were wrong. Maybe you're not just a run-of-the-mill troll after all.
Thanks. That's alright. I appreciate the apology. 1st i've ever gotten haha
Best wishes.