The Tao of Minimalistic Trading: $300 Daily Profit

Could there be a flash crash on a day like this? That's what my crystal ball keeps flashing.

 

Orderly selling = when noobs bail out
Panic = when institutions throw in the towel

 

Actually the opposite, this is institutional liquidation.

 

The August panic involved everyone.

 

the noobs try to pick bottoms , many have never seen a bear market.

 

Out 61.25

That was a sick bounce. Another 10+ point profit given back.

 

If this isn't the sign of a poster who is 100% transparent and honest, I don't know what is.

 

I've seen 3 bear markets during my career, and I'm still a noob.

 

I hear ya

 

Short 59.50