The meltdown continues as forecast, pushing 200 plus YM points in the logged trade--- expecting continual downside puncuated with sharp short lived upside and sharper panic filled downside--- thank you, surf
I don't believe this for one second. 90% of your liquid net worth is in one directional trade when you are married and about to have a baby? You have been net negative for 10 years here on ET (according to your pal Atticus) and you are going to place almost all you have on this one trade. I do not think so. Pure fantasy, but funny nonetheless!
WHy not? have you ever been assured of something so strongly that you are willing to take a huge risk? I guess not, and you will never understand so you mock those stepping up to the plate. 90% isn't 100%, there is enough left over in the worst case to start again. Where did Atticus say this? it's false, link me or stop making stuff up. Yes, I am all in on this one, 100% convinced of total victory! The future has been written in the DJIA, IT WILL NOT GO ABOVE THE HIGHS prior to a huge decline which we are positioned to capture. surf
OK giving him the benefit of the doubt, maybe surfs liquid net worth is only a small portion of his total net worth ...Perhaps just more than enough to cover margins in a trading account. How big is this risk in terms of Total Net Worth surf?
What makes you so confident? Price drivers at -7, LOL. Seriously, it's not that I disagree with this particular trade however with your negative track record, putting 90% of your LNW into ANY of your ideas is a not bright.
So which is it, 15542 isn't taken out before 12 months have passed, or 15542 isn't taken out before a huge decline?
Telling the percentage of risk you took is private? Don't you dare tell us the percentage you made then. I'm taking the first boat off fantasy island Good Fantasies to you sir.
You "know"? Congrats, you are the first person in history that wasn't manipulating the mkt who knew with 100% certainty what is going to happen. With 100% certainty, why only 90% of you LNW. Why not lever up as much as possible?
You, of all people, should understand there is always risk== your broker could fold, the exchange could shutdown, marshall law, anything could happen, this is why you would never place 100% of anything at risk, no matter how certain of an outcome. surf