And if a bullfrog had wings he wouldn't bump his ass so much. Good god, I can't beleiev some of the shit you guys post. Face it, you got bitch slapped by the market. Learn and move on.
I don't think the theme of the thread was getting sympathy from anyone. The point is if a person got mugged, you can't say "that's business" OR it's not thievery because "everyone knows you don't go to that neighborhood"
Wishful thinking. As someone once said, in this business amateurs hope, professionals steal... It's the nature of the business. case in point.... MotherRock LP. Talk to me about a smoke out ! <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1161150>
I think a wiser perspective to have is to notice a tendency to attribute unexpected volatility and movement to collusion or manipulation. This removes your own responsibility from the equation, and is something that might allow you to hold onto losers in the future.
Just when I start to think that 95% of traders can't be losing money along come this thread......., LOL I think maybe 95% is too low.... Silly silly SteveD
???????????????????????????????????????????????????????????????????????????????????????????????????? A mugging is an "in-voluntary" opening of your wallet.....placing a trade is a "voluntary" opening of your wallet. No one is ever forcing you to make the trades you are making, and those voluntary selections are all your choice......end of discussion!
seriously the suggestion of conspiracy theory is silly. and even if you lose on this trade (as I did), its an acceptable risk to take for a possibly great quick return. thats what stops and system are for. think of if the market took a parabolic ascent up instead, unhindered. there would've been the same transfer of wealth from seller to buyer. think of the *conspiracy* of losses that sellers who exited and didn't participate would have to argue for!!
The market is fair turf once you know the rules. To know the rules means getting burnt first. Also there is always fresh blood who don't know the rules and are not forewarned.