Although I know that there is no actual way that posters like Port1385 and stock_trad3r have any money to trade...I like to pretend that they started with a lot of money and actually trade the calls that they make. What after all could be a worst punishment?
Heh, that would be sweet. These turd balls kinda remind me of that dude that used to post here that would buy a stock, crowing that he was gonna make 30% on it, only to have it then go DOWN 40%. And then, 9 months later when it went back up and he made his 30%, he post " bring me your finest meats and cheeses!" WTF was his handle.... At least he had some personality, and had a sense of humor. These trolls are oxygen thiefs.
I think it was Mr. Market. Judging by the accuracy of his calls, he's now employed as a mop up boy at the local gay bath house.
Im not about fighting battles on an internet web forum with people I dont know or care about. However, I am about posting up information.... Recognize what is happening on this chart? I see a nice h&s forming at the top. Busting down past the neck would put us at 765...time-frame would be a few days...
So why not wait until it ACTUALLY breaks? That's what a REAL active trader would do. Cuz by my reckoning, you're down ANOTHER 6% today. Brilliant!!
So it looks like Port finally got his break down. The point being, his initial buy of TZA was 34.40, so he's still down. The lesson here is that if you're an active trader, this is the wrong way to play it. If he could have been more nimble, and quit holding to prove he's right, he still could have made a few per cent while still holding onto his convictions. And now he could be holding a lower buy point and be up on THIS trade. I'm in FAZ at 9.49
Wait guys. The fun isnt over yet....I believe thats a head and shoulders top at the end of the uptrend.