thats why I know you all had it! most here on et have made at least 100k in the last 10 days, we know that. some have made 1mm. we have threads here that say , "I know the market is going up , but Im getting short anyway" gotstoluvit
Funny, that's what everybody on here said back in 2008. About a year later, I noticed those happened to be their last posts. i.e. most of ET blew out in 2008-09. I guarantee it.
The rally in 2008 last for more than 3-4 months, if you are decent smart, you should make ton of money to ride it up, and ride it down after that. The worst part of trading is that you know you are in wrong side, but become defensive and keep on holding the loser.
Should is the operative word, but everyone is full of "woulda, coulda, shoulda's". If you were trading it, you would know that there were many, many whipsaw moves based on rumors and innuendo. Sharp "flagpole rallies" like we've seen this week, only to be followed by 6-8% down days. Oil collapsed from $147 to $38 in a matter of months and all I saw were guys going long the entire way lower. I stand by what I said above. There is a reason why ET is a shell of its former self and that's because the vast majority of its readers never made it thru 2009.
WARNING!!!!!!!!!!! Be careful of those that say how easy it it, but dont post actual entries and direction.
make all the jokes you like. my record here is documented and certified. I know you are all ....,,' the market here, and will be ..;,, ,,.. by the eod. too many watching for my next entry with a 95% hit rate, only those who have obtained the magik reader can actually see my calls for the forseeable future. you all made a killing on the ones I let you see, so you wont mind.