Port1385 says to "double down" in your 3x inverse positions!!!

Discussion in 'ETFs' started by Port1385, Apr 15, 2009.

  1. Wow, he made the exact same mistake on the exact same price pattern twice in a row.

    That tells me that he actually believes what he is saying, and in all likelihood, is taking these trades with real money.


    They probably would be nicer if you admitted to getting slaughtered, Port1385. As it is, calling a leveraged short position while the market is making parabolic new highs is, well, it's the definition of lunacy for one thing. And will always lead to a blow-out on your trading account for another.
    #151     May 4, 2009

  2. Great point.
    #152     May 4, 2009
  3. Awful
    #153     May 4, 2009
  4. Watch out for paper cuts in your "personal account".
    #154     May 4, 2009
  5. Did you stop out, or are you taking more heat on this trade?
    #155     May 5, 2009

  6. He isn't a trader -- not in terms of actual transactions anyway. He's more of an idea trader --- a consistently awful idea trader.
    #156     May 5, 2009
  7. Dude, he said to go short on the first day in April, and reiterated his double down that would have lost the whole account. Don't take him seriously, and I would advise ignoring anything he has to say. It's obvious he doesn't trade real money, but, if he does, he doesn't have any money left.
    #157     May 5, 2009
  8. I was looking for him to man up and update his fan base with his latest move after doubling-down...

    ....but I suspect he will remain silent, while posting links of Cramer and other nonsense in other threads ...

    .... and swoop in here next week, next month (or whenever we tank) and declare "victory".
    #158     May 5, 2009
  9. Man up? LOL...the guy is a clown. At least with stock_trad3r, you know the guy is just here as comedy relief. Port actually thinks he knows what he's talking about.
    #159     May 7, 2009