Hey kids,
Lol I am still fine. I've been trading around it. Obviously smashed in the head overall. I've been too lazy to update on the blogs. I've had a few more important things to deal with outside of trading. In any case, I'm down a fair bit as you have guessed. It is now time to see how this 1000 level plays out. I am guessing this market can go as high as 4370, anything post that and I am in a fair bit of trouble. I am guessing if overnight the US doesn't rally of manipulated consumer confidence data, I should be ok. 1000-1010 is definitely some heavy resistance. I was actually surprised for the first time during the last 3 weeks at the lack of selling last night at the 1000 level.
On a different topic, if you do want me to post here at all, I'd appreciated if my way of trading is not questioned. Firstly, I trade the way I trade because I am not afraid to lose all my money. If I am short, every day the market moves against me when the underlying situation has not changed, I only have more reason to be in that trade. Secondly, this is not a topic under Trading Strategies, in which case it would be on topic, but more so in the topic of discussing the market. I understand it would be a very happy moment for some of you to see my ideology to fail me (which is fine, I can understand that, people don't like having anything radially different, or something that they can view as stupid), but it is definitely off topic here.Lastly, the way I trade is based on my psychology. I guess I will blow up a few times in my life, and hopefully not end up with suicide as Livermore did, but at the end of the day, it is the way I want to play this game
Have fun,
Ivan
then get ya nickers in a knot when other point out what you do ain't that "professional".
today was the high for the next cupla days
Nun, i think TH meant with this:
today was the high for around 2% of the market for the next cupla days
However if you are really confident, you can leverage your status and make bigger calls. Problem is you stand to lose a lot of status without proper GM.
Come on Skyquake - although the Internet guru game is not a zero sum game, we can all be winners. Only those that truly leverage up their guru capital with top and bottom calls to the minute achieve exceptional guru wealth.
May I remind punters my call was right on give or take a few Internet minutes.
Screen shot of my days guru's trade results,
:
Do you toss and turn alot? I'd imagine the money is not very good for your back
---------------
Leverage eh? Ok Today we see the high for the next 10 trading days followed by a feeble rally, followed by some consolidation. There
Come on Skyquake - although the Internet guru game is not a zero sum game, we can all be winners. Only those that truly leverage up their guru capital with top and bottom calls to the minute achieve exceptional guru wealth.
May I remind punters my call was right on give or take a few Internet minutes.
Screen shot of my days guru's trade results,
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