He admittedly does not trade for a living as well as admits to using no stop-losses whatsoever . . . often averaging down into "positions" that would absolutely kill most TRADERS on a percentage basis who trade for a living. The guy has > 7600 posts on ET ( most of which are in the TRADING FORUM ) and he admittedly does not trade for a living; or trade period. Maybe he can post a "screen-shot" of his positions someday, but I doubt that will ever happen. Go figure.
If you are talking about the drop @ the end of the day, I managed to catch it using an Ultrashort. Only good trade of the day though. ~telengard
Keep at it. Stocks can do down forever, right? It's just like tech stocks, real estate and crude were "sure things" to buy on the dip since everyone knew they were ascending to heaven...
I was smart and instead sold the fuck out of oil!! Was teh only thing that actually salreadt started ullingback overnight. Made nearly 20% profit of my capital from it