OMFG! THE HOUSE DROPS IN VALUE 10 YEARS AFTER I BOUGHT IT! I HAVE A 30 YEAR MORTGAGE! THAT IS IT, I AM DOOMED! SELL THE HOUSE AT A LOSS. (20 years later, the elderly couple living in the homelessness shelter look at the value of their home on Zillow, or Centurty 21, or wherever, and the home is worth 1.2 million. The elderly couple have heart attacks and die.) What is the moral of this story? Nothing is a loss untill you sell it at a loss. I am done with you on this issue schizo. I will be looking forward to your schizo trades in the ES and whatever next week, but on this issue about using home values to equate whether holding a stock is a good idea or not, and if it means a loss before selling? Have some music, dude. You need it.
Was the following statement too difficult to understand? I already knew you had some problem with reading comprehension but, geez, I didn't know it was this serious.
No, it is not as it demonstrates how professionals look at "value" if the loss is MTM but not realized yet. These people are far smarter than you and me. If they use MTM we should use it too.
I don't need any recognition. But I dislike people who lie or try to ridiculize others by making statements that are irrelevant or even really fake. What I posted I can proof with screenshots from ET. And the reaction is then about hypothetical things, insinuations, changing subjects or even straight lies. I understand why ET is not anymore what it was in 2004 when I joined. I also reduced very much what I posted. I even don't post anything interesting anymore. When I posted the two signals I wanted to wake up/help up Baron. I did not insist too much as I know that he has a huge ego. But even careful telling him was wrong was a bad idea in hindsight. I just stay on ET to kill time while waiting to close my intraday trades. I sometimes have the problem that I cannot ignore what some people post on ET, and then I react. I should work on that and just not react anymore. The crypto scam is for me a difficult one to ignore.
It was not my intention to give you recognition, the intention was, you were receiving lots of flak for damn good calls and humans seem to want to take sides. I checked carefully back on your posts and the charts to ensure you weren't cheating, if you had been it would have been a different tune.
There are three camps on et re crypto, bulls, bears and no interest. My position, I try to keep an open mind but the amount of hype re crypto makes me believe it will never again be spectacular, there are too many people watching it now, it will become more efficient, (difficult to find an edge), every rally will be knocked back down.
I'm also attentive to virtusa's posts because his predictions are often accurate and I could see from his sparring with whomever that he only means to be helpful. However, much of the guidance is lost because of the way it is presented, often dismissive and without humility or effort to explain the reasoning for a trade position. You can be accurate but unheard if you limit yourself to 5 words, then spend the next 6 months chiding those who failed to heed your advice. It would be absolutely foolish for any trader to follow a buy/sell advice simply because you said to. My 2 cents.
Yah, virtusa makes good calls but gives nothing away. The reason he gives nothing away is because he's been attacked/criticized too frequently he says. It becomes a vicious circle.
I cannot explain more then what I post. The basic secret is that I have an entirely different approach then what I see on ET. I hear or see never anything that approaches the way I trade. If I want to give more information I should give away my approach. And that is something I cannot do. Worked too hard, too long and spent too much money to give everything away. The main reason why I post sometimes is to proof that the trolls are wrong about me. I got a lot of garbage over me since 2004 so I just want to expose these fake insinuations and disrespectful comments. I got triggered by some unacceptable comments from Baron, so I decided to go follow up the thread and post during one year already what I saw as signal and how he was wrong for 12 consecutive months. I repeated many times the 23 consecutive losing trades (that are still open but with huge losses). And I demonstrated that I do know something about trading. He many times tries to ridiculize the opponent in an unfair way, trying to make him look like an idiot. Bit with irrelevant arguments. Things like "That's the dumbest post I ever saw" not long ago, not to me but to another ET member. The way is was treated by some trolls removed all humility that I had as response to their insults and fake insinuations. They were chiding me all the time, so I copied their tactics. O never gave advice what to do. I just mention what my personal opinion was about the situation. It was up to the trader to use it or dismiss it. I never said: you have to do this or that. I said what I would do. To understand how I experienced my stay on ET, you should read over 10,000 posts that I wrote under at least 6 different aliases. These aliases were never used simultaneously. Twice I got banned and had to make a new alias and the other changes were to shake of the trolls from my back. Believe me, if you would read all what I had to read, you would see things in another perspective and maybe understand me better. I started as a very helpful person, but the way I was treated changed my behavior on ET. Some of my friends asked me in past to trade for some time an account for them. I refused but I helped them financially by just using part of my profits and not disclosing anything about my trading. People who threat me like a b*tch, will get a b*tch as opponent.
Virtusa didn't call a short on anything. All he said was that he wouldn't buy at that level. He never identified that level as a short call on his own and then posted that call in advance in this thread. It took me saying that I was going to buy at that level and actually executing that trade before he came out and verbalized the opposite opinion. He didn't call a short. He said he disagreed. Big difference.