Buckle up Guys its starting

Discussion in 'Trading' started by propwarrior, Sep 9, 2016.

  1. #101     Sep 12, 2016
  2. Surprisingly boring day today so far. Neither the bears nor the bulls on Elitetrader called Monday correctly. At least, my positions in apple and TQQQ are enjoying a bit of a recovery.
     
    #102     Sep 12, 2016
  3. vanzandt

    vanzandt

    You better sell that Apple. Its gonna tank. For real.
     
    #103     Sep 12, 2016
  4. I have such a small position in it ( 50 shares), and a bunch of cash and margin on reserve to deal with a crashing market. I think I'll just hold for now.
     
    #104     Sep 12, 2016
  5. vanzandt

    vanzandt

    Thats cool. Just keep an eye on it though, it could drop fast. No sense in losing money, even if its a little bit. G/L
     
    #105     Sep 12, 2016
  6. Actually, the timing of Friday's crash was rather amusing in my case. I had a bunch more cash sitting on the sidelines, and on Thursday, I finally decided to jump into a few ETFs and a couple of stocks, tired of watching it going up while I sat on the sidelines. Murphy's law. Boom! Down she goes.

    You can sit on the sidelines forever, and never make any money. You can jump in quickly and lose money. There is no perfect solution. However, these are long term investments I am talking about now, so ....
     
    #106     Sep 12, 2016
    vanzandt likes this.
  7. lovethetrade

    lovethetrade Guest

    Get ready, we're going south again.
     
    #107     Sep 12, 2016
  8. chido

    chido

    Like clockwork, it happened again. 100% long with a 19000 target today in YM with stops locking in fat profitos.
     
    #108     Sep 12, 2016
  9. lovethetrade

    lovethetrade Guest

    You really think so with this low volume?
     
    #109     Sep 12, 2016
    chido likes this.
  10. chido

    chido

    Eventually, but not yet. You see, the machines are programmed to buy buy buy in an non obvious manner after EVERY sell off. To beat the machines, you need to know the machines. Chido knows the machines.
     
    #110     Sep 12, 2016
    vanzandt and lovethetrade like this.