My intent is not to get rich in trading, it is to make a living wage with it. Then buy Boeing, because a couple of crashed planes is not going to kill the company! Buy Boeing NOW NOW NOW if you believe in your own mantra. Boeing's loss should be your gain, yes?
You poor fellow, it hurts just to hear you say stuff like this. Dig this: the same time/effort you put into just merely earning a moderate living could pour on the coal and parabolize the living. It’s much harder to work at McDonald’s than to shoot for the moon for the same 8-hr stretch per day. It’s very tiring to think small, Overnight. Very tiring. What you’re forgetting or perhaps never had access to is the unwritten law of the Galactic Confederation ... the galaxy ain’t got no defense against the persistent warrior. Join me and see your life, your ethics, your power and majesty skyrocket.
No Sir, you have a partial misunderstood word(s) blocking your joy on this concept. The Warren Buffet/Bernard Baruch/ Plato/Cicero/Xenu. Postulate is: buy when there’s blood in the street (as in 1932, 1974, 2003, 2009) and SELL when everybody is euphoric (as in 1929, 1966, 2000, 2007, 2018-2019) So let’s look at Boeing now and apply the above Partial Differential Equation. As in the application of Bernoulli’s Axiom, friction will be ignored for simplification in understanding level 1 You see, Boeing has been soooooooooooooooo stratospheric since 1974 in terms of The Great America that by 2017 it was considered to be God. It was just tooooooo good and solid a company to be other than Godly. That was the consensus universally. Every time Airbus heard the name Boeing they dropped a sausage. Such was the level of EUPHORIA. And pls note that it took 40+ years to achieve this lofty level of international sentiment. So applying The theorem above: SELL. SELL. SELL But WHEN to SELL? This is not covered in the theorem. As per the theorem one sells when the euphoria is LOFTY. But this plateau of loftiness needs to be defined but it cannot as we know that when a parabola gets underway every known definition is out the window. So I come-d up with the magic concept. All instruments obey the Fibonacci Sequence. Regardless. When 161.8% or 261.8% or finally 423.6% is hit AND the Fibo FIRES (as it did in Boeing, Apple, Netflix, Farcebook etc.”. You skiddadle and retreat to a cave to enjoy your spoils. You do NOT look to get back in. The odds strongly favor a violent rape of the instrument by the implant that resides in the BEAR Amen!
Reminder: Warren Buffet got hammered badly on APPLE because he violated his own RULE to sell when euphoria prevails. Apple the godly company, trillion dollar status, hahhaaahha, it was screaming at me, “get out now”. When the Fibo fired bolt like lightning When I saw Warren had bought a ton more right at that euphoric point I was saddened by this for not just his violation of the Theorem but more importantly I was extremely sad because BEAR now had Warren in a vice grip. You see, bull market icons become Bear Market pariahs. Warren will be ostracized and all his accomplishments negated. Terrible! I was and am sad for Warren. He got no chance against the Great Bear. Warren will perish. He just bought Delta. Terrible terrible terrible
Fibo_trader is the latest ET Messiah. One comes by ET every other month, they then burn out like a Guy Fawkes celebration sparkler, here one moment and gone the next. Someone should start a thread of all the fly by night and burnt out (account blow up) Messiahs we've had. The ET messiahs can be easily identified, their nick always has: '....trader'.
Millions saw the apple fall but Newton was the only one who asked why All prophets/Messiahs die or burn out here at ET because The Herd never listens. At best one or two might and that’s a big if. For example right here and now in this thread, I’ve laid out Warren Buffet’s Entire trading/investing philosophy. Its only 2 lines, but contained therein is the entire subject of “CONTRARIAN”. It’s a well known philosophy. The Herd is well aware of it, they’ve seen it countless times. Yet, they never apply it. NEVER.
2007-2008 top. ... the Herd HERE at ET was unanimously positioned to fail as usual 2009 low. ... ET was in Bear Mode till 2013 in a rip roaring bull market hahaha, evidence is all here in Search Always late they never see the turn coming because they extrapolate a trend to infinity. Fast forward to today: Unanimous positioning deafeningly LONG market bias Different year same story same outcome inevitable. Gross violation of Warren’s Law. But they look up to Warren like he is God. But they just can ‘t apply the Law. Soon, when the Bear gets underway they will ostracize Warren just like they did Jesus. Those who tamper with the Herd, die. Fibo_trader knows this but going up against death is his forte Guaranteed!