Good to see you, Ken. Don't worry, market has to rally to let off steam, then it will resume down and that 30k you spoke of will make you sing the Shamans blues
I did the unforgiveable thing and went LONG the Qs at near closing bell. I have a STOP. I am expecting a rally for the following reason - it is a main reason Vix has not been responding well. Friday's tsunami should have sent Vix much much higher. so something is holding it back. Give it time? Of course. Let's see if I can get some juice out of the LONG and of course if it is a NEW BULL-MARKET, I'm first IN
Thx.... lol experienced ancient traders we don't need squiggly lines like emas, we intrinsically use our jedi mind powers to figure stuff out..... thx good to know re 24
That's the only way to trade. Aim for greatness, go big -- or go home. If you want impotent returns, invest in an average mutual fund. But that's not to say, though, you have to be a gambling, reckless, cowboy trader....there's a fine line between being a professional hitman versus a clown, amateur, gangster. Throw out that risk 1%, 2%, of your account per trade bs. You have to release one of your biggest nuclear bombs, with precision and understanding and wisdom and trade process. Grow and compound. A trader should have millions in their mind. Not being so happy by generating 15% per year.