Quit being a tard. Everyone knows this is a public forum, not some trading competition. I made a good chunk of money today. I even posted the trade in real time. So by posting these trades, does that make me feel ANY MORE LEGIT than anyone else or make others look less important? NO. I don't need to post any trades. Nobody has a gun to my head. I just like posting them for entertainment (yeah, some bragging rights too) just like you can't stop posting them Youtube porn. But in the end, it's to have fun while being here. And I'm sure that's the same with everyone else. So now go fck yourself. https://www.elitetrader.com/et/threads/es-journal-2023-2024.371508/page-930#post-5994386
I blocked overnight but he has a point. It’s easy to throw out calls and HODL for 80 points because 95% of the time the people making those calls don’t actually have a position. They are making calls in futures while invested in their retirement account. It was a good call but I’d bet it wasn’t taken. There is zero utility because nobody is going to follow it. No exit criteria just a post made after the cover. B1S2 is the prototype. His calls were audited and he lost something like 600 points basis a one lot, but something like 40% of the opening calls were not covered. They blew up and were ignored. The performance was a loss of 600 excluding the positions never covered.
Anybody can be an idiot and make money and its a good thing. Look at Biden blowing up Arabs to smithereens, Biden sleeps well at night and that's what fund managers and Biden have in common, fuck the little man, throw in a handful of bullshit and get rich. Everyone would do it given the opportunity and impunity.
Core PCE to be released today along GDP Price Index. Expect a nasty rally on the "good news". BTW: the most brazen market yesterday were US 10s. Nasdaq tanks -3,6%, S&P -2,3% and the government bond clowns were SELLING paper....They must LOVE the Trump re-inflation trade! Especially in a week in which crude oil´s Brent benchmark tanked over 5%...
Lower daily at 5465.50 already touched. CTA´s buying the DIP. Don´t be surprised to read today about RATE CUT headlines.
beware the upside reversal, if not today... very soon. I dunno though,,,, sure feels like today. But that would be too easy. Hmmm. The chart says 5393 will be the bottom this time, but every part of me is saying we reverse today. There's no way though, too easy. Go with the chart and be safe. But still.....
When it comes to statistics, I trust you more than I trust myself. But Schizo said "more than 2%" 21st February 2023 SP500 fell *exactly* 2%. https://www.forbes.com/sites/dereks...22-as-magnificent-7-sheds-almost-800-billion/ Then of course, it depends if you're looking at the ES, NQ, YM, cash vs. futures, etc. Sorry for intruding in your domain