Yes but I made just as much money on the way down as I'm making on the way up... how stupid are you guys not to get that? The market will always let you know what side to be on... why would you only accept half the money the market is offering you?
Why fight the tape, I don't get it. I just see green across the monitors the market is telling me the only way is up!!!!!!!!!!!
if everything falls into place perfectly, by tomorrow night the DOW will be at another FRESH high...12621!!!
Current Session Tally: ER short 797.20 = out 796.20 Short again = par Long = Par Long 798.50 = out 800.50 What trend? Trading these days is a lotta work, either direction... and we see both directions darn near every day. Godspeed the next real, lasting directional push... up or down. P.S. - y'all sure seem bored to tears, trolling the same mantra day after day after day. Why don't we all quit trading for the day, get together and have a couple of beers? Bulls are buying, T28 & I don't want any cheapie domestic brews, either!
Here's what I don't get... you are all watching it go down so you can buy the dip... sitting there passively watching it fall... why wouldn't you go short and make money then flip where you were going to buy the dip anyway?????????? This makes me think you cant really trade and once the bull run has ended the market will flush you as it always does with one sided bulls
Many of them can't trade. They're investors who buy and hold. Any real trader plays both sides of the market. Buy & hold types just post on message boards all day.
because shorting = risk... and that is something I dont want.. buying dips = ZERO risk not saying you cant make money shorting.... I am saying risk vs reward is better on the long side and so that is where I will play... with no risk....