Hahahahahaha. . Then you should be HEAVILY short US Dow/SPX now because All of ET operates as ONE and always go with the Herd (northbound now). post the trade(s) What you wrote above is Warren Buffet’s axiom #1. Judging from what I’m seeing at ET, they scoff at Warren and do the exact opposite of what he does. Yet despite this, both are billionaires. Somethings gotta give.
Buffet does EVERYTHING the way I do. The mantra is: Buy when there is blood in the street and SELL when the masses are greedy, cheerful and very optimistic. Now apply the above to ET: The whole Herd (thousands) are all charging north full of optimism, cheer and ultra hi confidence Therefore SELL. SELL. SELL
Let me know, Overnight, when you realize that if you want to get out of nickel and dime trading like beggars and go for the big juice which was ALL OF OUR ORIGINAL intention when we got involved - to get rich in trading. You guys all settled for McDonald’s. Clear as day to observe here and see. All real-time traders with small capital too scared to climb on the horse on the daily timeframe and ride the entire trend to its natural extinction. They think a 2 dollar loss per share in a trend correction is catastrophic. Not me! I welcome the correction and nail the low for more entry. No trend violation =. Stay with her, don’t abandon her just because she got a cold