So far this year every jobs report the Nasdaq100 has closed positive on the day. Not by a little, it's up big. Matters not if it's a good report or bad report....it simply has not mattered. Going long into the jobs report really is the only way to play it. Here is a position I've been holding since Monday, I have added as it went higher...... Am I worried, not at all. So easy being long in this one-way market. It barely drops 1/2 percent on the down days. Going to ride it up to 15,450.
Why do ask questions you know you will never get the answer to? I have asked him questions repeatedly over the years about his losses, and nothing. There was some time last year where he "admitted" he had to "take a huge loss, but am back". But hey, the guy has no balls because he spouts one thing on multiple threads "Just buy the dip forever", but uses stops, so he really does not believe his own spouting. So he's a conflicted individual. Maybe that is why he sticks with sim, I dunno'.
One thing I've learned from being on this site for 16 years. Some folks are here to stir thing's up. Their job is to question everything you do. The reason is to keep you engaged on the site. It helps the site owners. Their contribution is ZERO. Every time I come here without logging in I'm reminded of the constant badgering from some clowns. Thank God for ignore.
This pennant formation could be good for over 300 points give or take. That's the plan ride it up. Let's see what happens.
I mostly trade options but I've been riding this Nasdaq run-up with 3 micro contracts testing the futures waters. So far so good. If it keeps going maybe I'll add another one for good measure.
Did you catch this line? "Every time I come here without logging in..." So he has me on ignore, but just cannot wait to see what I might be responding with. Why doesn't he just take me off of /ignore then?