No, but nor did it "explode" up. There was no "massive up-move". I pointed out last month that the options pretty much have it range-bound for the next 12 months at least and like I said, those guys don't give away money. Most of the time at least. Not that it matters B1, but I think by definition "trades" are short term. If you think xlf is one for the IRA and not to be touched for the next 10 years, you should designate it as such. But to say something like: "The massive upmove in financials that had it's beginnings last week is now afoot and is ready for an absolute explosion upwards." ... and 2 months later it hasn't budged.... in this case, you were wrong and I was right... as I told you from the start it was going anywhere, up or down. We're traders here. If I make a stock pick for granny, I designate it as such when I write it. This was a trade, and it never came to fruition. Own it B1, you were wrong. You've made some good calls, but this one wasn't one.
I did read the book which was great, but I don't remember the mention of the 5 minute bar length. I do remember the average win rate of 52% though.
Have you seen the # of new members that have been signing up in the last month or so?! "The massive upmove in the idiotfest that had it's beginnings last month is now afoot and is ready for an absolute explosion upwards."
You’re making a silly argument and call people idiots when your naive reasoning is questioned. It really says a lot about your character and these last few posts of yours show you have a lot to learn still.
B1... That's like saying the record cold winter in California Has begun. Don't be a dummy. XLF won't see a 25% move up from here until mid to late 2021. Case closed.