Whats with the mini crash today?

Discussion in 'Trading' started by Cuddles, Feb 20, 2020.

  1. Overnight

    Overnight

    That's just nuts.
     
    #61     Feb 20, 2020
  2. dozu888

    dozu888

    that's how you catch a super cycle... ALL IN...

    that's how you get real rich.
     
    #62     Feb 20, 2020
  3. dozu888

    dozu888

    along the way there will be corrections, some may get to 20% who knows.... but why does it even matter, 20 or 15 or 25....

    I been pounding the table that the earning yield has to CATCH DOWN to fixed income and p/e will get to 50.... and why is there NO COUNTER-ARGUMENT?

    everyone is butt hurt because they are empty handed, so they are either truly blind, or choose to bury the head in the sand like an ostrich. either way doesn't matter.... guys aint seeing shit, even though the market is showing you the cards everyday.

    call the effing bank, for the grace of god.
     
    #63     Feb 20, 2020
  4. dozu888

    dozu888

    of course it is, for a 4yo trader who looks at tick charts.... so there is no grand vision.

    such simple math, earning yield has to catch down to the treasuries....

    and DEAD SILENCE in the room, since 2016 when I said we are gonna run out of shares.
     
    #64     Feb 20, 2020
  5. Overnight

    Overnight

    Well, I am asking because if you went all in long QQQ back in spring of 2000, with eyes-wide-shut, you'd have not broken even until 16 1/2 years later, in Nov 2016. For people back then who were nearing retirement, if they did that, and they needed to take some money out 10 years later, say, they would have been in a bad place. If they survived at all.

    Likewise, it could be the same here. Go all-in blindly QQQ with yer house mortgage now? It could be years before it recovers from the next big drop. So depending on your age, it may not be a wise thing to do.
     
    #65     Feb 20, 2020
    comagnum likes this.
  6. dozu888

    dozu888

    can you come up with something new, like original? the 2000 peak entry is an idiot argument I had to debunk so many times..... I can accept you are 4 yo trader but this one disappoints me.

    the biggest difference, when you become a market master like me.... is this -

    you no longer fear corrections... you are ONE with the market, because you see all the cards....

    you know what the market wants to do..

    you know when it will do it - well not precisely to the minute but you can feel them boys have a secret meeting and decide today is the day they gonna dump a bunch of contracts to knock it down because the dumb money has come in and there are stops down below.

    and therefore....

    you appreciate the market, every move.

    if it goes up, in this case there is no surprise;
    if it goes down, it is really just doing the cleansing for me, nothing more.... it's not hurting me, it's cleansing for me, it's working for me.

    some day you might get it, finally, and feel the true mastery... but it will take time..

    what ever you do doesn't matter much... tick chart or monthly chart.... but you gotta think independently... with eyes open... head on the swivel..

    all the evidence is there... if you pay attention you will get it. it's not that complicated... but you must be willing to blaze your own path, ask the question nobody else wants to answer.

    that's when you know you got on the same page with them pro boys.
     
    #66     Feb 20, 2020
  7. Overnight

    Overnight

    Yes.
     
    #67     Feb 20, 2020
  8. I located Dozu's house on the PA-side of Trenton and posted its value here ($200K). He went dark for a week and then admitted he lived there. Posted his YT videos of him trading from a 2011-era ThinkPad with a bottle of scotch next to a ratty sofa.

    If you people think he's got any liquidity you're as nutty as he is.
     
    #68     Feb 20, 2020
  9. notagain

    notagain

    aggressive profit taking, destroying stops
    Screen Shot 2020-02-20 at 6.16.26 PM.png
     
    #69     Feb 20, 2020
    Cuddles likes this.
  10. SanMiguel

    SanMiguel

     
    #70     Feb 20, 2020