Flips's a pure octane Junkie . I'm sure there's a ton of trades in there he doesn't post. In 31 yrs never seen anyone make money trading like that over time . In 90% of mkt's you get grinded to death trading like that
I've seen perma-bears getting chopped shorting bull markets for years, perma-bulls (ahem, ahem, I'm not looking at anyone) getting their a@@ handed to them with the markets falling 5% every other day and A-type scalpers that would lose money playing ping-pong against themselves. And the complete opposite. Optimists making money in bear markets, misanthropes benefiting from bull markets and people raking it in trading ranges while everybody else was getting chopped to pieces. Schizo has written a couple of times - if I'm not mistaken - that he thinks mid-term we're going down, but then trades what he sees, not what he hopes/fears/anticipates. I have no doubt he's doing much better than 99% of the many hyper-opinionated people here (I don't mean you or anyone in particular).
We are now above 2600 again on cash. In 14 pts we'll be at Friday's high. Let's get past there.---Ish
Wow, that's pretty cool to be able to say that. Those guys went through a lot of bs in their day. They were not well liked by certain elements. He died in '76, but his swag lived on in a 'big' way.