The bottom

Discussion in 'Trading' started by tradingjournals, Nov 14, 2012.

  1. smaranam

    smaranam

    Jack Hershey judgments stink almost all of the times...
     
    #81     Nov 24, 2012
  2. I love how people post these crazy complex charts full of lines and markings, as if it's so obvious, yet no explanation is given.

    It's such nonsense [​IMG]

    It's like guys, the answer to your question is easy, see?

    [​IMG]

    I will believe it when they make predictions ahead of time that end up being true. Simple predictions, not vague nonsense and after the fact rationalizations.
     
    #82     Nov 24, 2012
  3. Back on topic, so far it looks like we have have actually seen the bottom, of course we will not know for a while.

    [​IMG]
     
    #83     Nov 24, 2012
  4. But look at this! Price is hitting a down trendline right now. It might bounce back down. These would be my questions:

    1) will it bounce off the down trendline? (if yes close long positions or go short)

    2) if so, will it bounce off the up trendline? (if yes, go long when price gets there)

    3) if not, will it bounce off the price level created by the most recent low (the horizontal line)? (if yes, go long when price gets there)

    [​IMG]
     
    #84     Nov 24, 2012
  5. holy cow look at this one! I didn't even see this other line before!

    [​IMG]
     
    #85     Nov 24, 2012
  6. smaranam

    smaranam

    Ppp stop lalala boy will ya
     
    #86     Nov 24, 2012
  7. I don't even understand what you just said right there. What is lalala boy?
     
    #87     Nov 24, 2012
  8. Daring

    Daring

    I think he said place a stop, something you don't believe on as you replace stops with under leverage.
     
    #88     Nov 24, 2012
  9. do not give yourself illusions.

    anything in hindsight is just illusion.

    dont addict to this illusion, next time, you will be blind too.

    when the market closes, everyone knows "oh, why i do not see it" or by coincidence, you did something and "holy cow, why I do not all in, make a killing and retire"

    I like your courage to jump in into the drop and declare a bottom.

    but I think your intelligence is elementary first grade, sorry.

    what you found is not opportunity, just a coincindence. try to learn something from coinceinden is naive, like generalize it. that is why I do not write journal.

    opportunity is there, but you are blind

    past is there, you can see it, smell it, touch it but it is useless, and harmful since it creates illusions



     
    #89     Nov 25, 2012
  10. smaranam

    smaranam

    I mean..sha-la-la-la I looove youuu,I dooo looove youuu...
     
    #90     Nov 25, 2012