Why is this market incapable of crashing??

Quote from spanish89:

Ok 1stly how many of your foolish incompetent idiots have generated over 2,500% return net profit each and every year for the last 3years???!...The fact is that anyone who says phrases like ''trade what you see'' is still a total newbie trader in the very beginning stages of learning,
and so i guess we shouldn't be too harsh on your for being newbies.


However heres a quick, direct, and easy to understand lesson for you about how the stockmarket works-

''Its physically impossible to 'trade what you see',
as the ONLY thing you can see is what has ALREADY HAPPENED IN THE PAST,
so you cannot and have not ever made any money from what you see as you didnt have a trade on back then''!! :D...

LOL...
Really?
Good luck bigtime.
Nobody knows what the market is going to do, therefore, one should trade what they see, not what they think.
In other words, don't have a predetermined notion of what Mr. Market is going to do.
 
Quote from spanish89:

Everyday no matter how horrific, dangerous, extremely volatile, (and on the brink of dwarfing the non-event of lehmans admitting they were too crap as traders) news/events/data comes out,
this market just physically cannot crash!

Every single time it tries to even it simply cannot get below 1% down intraday max,
before it then starts a slow ridiculously elongated and drawnout sideways move upwards non-stop for the following 6hours!! :confused:


Seriously now, what the fuck is causing this ridiculous disgrace??

Don't

Fight

The

FED


The FED is "all in". They will keep "raising' the market until they win. They have all the $.
 
From March to June, trading has been super easy. Only in may you could have done something wrong, but directional trading was extremely profitable and easy. Even now it is easy to guess the market.:cool:

I love markets where oversold means market goes up and overbought means market goes down!
 
Quote from spanish89:

Everyday no matter how horrific, dangerous, extremely volatile, (and on the brink of dwarfing the non-event of lehmans admitting they were too crap as traders) news/events/data comes out,
this market just physically cannot crash!

Every single time it tries to even it simply cannot get below 1% down intraday max,
before it then starts a slow ridiculously elongated and drawnout sideways move upwards non-stop for the following 6hours!! :confused:


Seriously now, what the fuck is causing this ridiculous disgrace??

Hey guy, this is trading, not common sense. Go with the flow and be happy.
 
Quote from StarDust9182:

Since you sound very smart, you probably started with at least 10,000 dollars. So after three years you have at least 156,250,000 dollars. This year you will grow that to around 3,906,250,000 dollars. That is a pretty good return. (Much better than mine I will add!).
that's a good one StarDust, you crack me up

there's always one Sherlock Holmes type that makes me wonder just how much of life I am missing due to nothing more than complete lack of observation
 
Quote from Cdntrader:

Don't

Fight

The

FED


The FED is "all in". They will keep "raising' the market until they win. They have all the $.

That "works" until it doesn't. Heavy cuts and other Fed activity did nothing in 2008 and the major indices still haven't eclipsed their 2007 highs.

Where are all the bulls today, anyway?
 
Quote from wonereheb:


jsp, regarding ramp up end of day, there's old saying that amatuers open the market, professionals close it.

So the "pros" are buying in this final hour once again? Just like they did on July 3rd before hitting the fireworks stand? Seriously?
 
Thats not really correct...

The last hour is where you find out how many daytraders are positioned the wrong direction vs the core trend.
 
Everyday, same thing at close! :cool: :p


I genuinely wouldnt be surprised in the slightest to see dow at 16,500+ level by year end due to how extremely positive this market is,
as there literally is no fear anymore. :)
 
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