Bro I think we're in a new economy with a lot of growth and stability and cruising up for another 3-4 years... 100-120% up room to go easily in the indexes.
Nope no risk, market will bail you out every single time have no fear, just grit your teeth and hang on. I know that sounds completely opposite of what they teach you in the books, but if were that easy as what they say in the books why do so many fail. Seems like the ones who do just the opposite of what the trading books say make the most, well wada you no about that.
so why is it no matter how many time we all teach the permabears that there is ZERO risk.. they say that there IS risk and pop their heads out when market pullsback .0005% and quickly get their heads chopped right back off buy the ZERO RISK FREE MONEY dipsters? I dont get it?
I am talking about cost averaging loosers, no stops. Just make sure you are trading in the direction of the trend. For instance lets buy one dow mini contract right here, yes even after this run 12847 in now watch.
I will ride this up for a free 50 points easy. If it drops just add to it, like taking candy from Ben bernanke's, thanks uncle Ben, Gentle Ben.
Just add double size at lower cost. 50 Points down, add double again! Down 50 Points add double size again! Finally the bears will get squeezed and you're gonna be up 200 points on a total of 100 contracts it's a thing of beauty
Some of the best gains come from overbought conditions like right now, traders are looking to establish shorts on the fist sign of weakness, wittiness this morning, easy pickings. OH MY GOSH I AM DOWN 10 POINTS, ADDING ONE HERE THANK YOU VERY MUCH. Total position 2 average cost 12842, NO FEAR!!!!!!!!
100 CONTRACTS WOW! my little account would suffer. I can go no more than 40 and thats pushing it in YM. Ready to add more if I get the chance.