if the financials breakdown worse than the level they are at now then we will exit Longs and take the Short index trade again...
we can't lay it out for you any easier
with the S&P 500 only 2points from our short entry you could have tagged along for the ride down...
we are going to cover our short here and see if the financials on the neutral-zone here will hold up or breakdown.... do not make this next race if you don't have funds to lose... we just went Long TQQQ and joined AEA
bring your taxes, we do them for free if you can beat us at trading, you can still file homestead exemption from grandma's basement
you're entitled to your view even if you are med you missed the move, you had all morning to get short with us and within 2-3 SPX points of our entry, you're being stoopid
morning update... if the financials get ugly then market can get hit hard, but if financials don't get hit hard then the market can not crash so easily
chedched, it's a lot of money, you think you will want to part with is when you are swimming in it all in your living room?
you are free to trade a free account on neutral website, but it doesn't come with instructions on how to find the cover button cuz we know you don't know where that button is on the keyboard...lol
chedched will pick the website, he be the umpire... now if we can get cheapy to actually post a cover it will be a miracle?
by funniebucket • Apr 4, 2014 2:50 PM
ya think cheapy will wimp out?... yup, we think so... we challenge the cheaper to a neutral site real time post... you all get to see how stoopid he really is live and real time
bring your trades with you, we will do your taxes for you, we will do them for free if it tunes out you beat us at trading ? maybe even find you a refund for living in grandma's basement as your homestead exemption on your FORM 1040EZ ?
much bigger problems than that... retail investors are on the pause button right now, that is not going to help the markets... we think the mood of the market will be how it settles in by mid morning is how the entire week is going to go... try to stick to shorting individual stocks rather than whipping thrashing index trades, you stand a better chance on your trade than trying to figure put the index move around fair market value P/E 15
Friday Market On Close was enough to see and exit Longs and Go Short the index... our post said it would take a lot and by closing bell it was enough to reverse us... it's was starting to look a little too obvious and all of you knew it was much uglier than you wanted it to be, you didn't need us once you saw the bounce later part of day then re- fail again to Lows of Day... but even if you didn't get exit Long and Short the index on close bell Friday, this morning is writing on the wall to go Short the index... and if you did so in premarket this morning you are not so far away from our Short-Entry point... there is plenty of game still left on this move
you don't have to get so jealous of us making tons of money, it's ok, we can teach you how to trade... as soon as you post your covered trades then we will give you the respect, but until then you are just another sore loser who lost all a his money short AAPL at 403 and long AAPL at 673, we very sorry for you, we truly are...
we have a photographic memory, we remember your Long AAPL said 2,000 shares Long from 673... painful? we wouldn't know, we don't get hurt like that, we trade our way out of it, and you can learn too, just be more honest with yourself
that position change to reverse the trade and exit Long and go Short was done at Market On Close (MOC)...
a rule we use in trading the actual execution is... if we want in or out of a trade we use market order, we don't mess around with fractions of dollars... and if we use a limit order we use MIT Market if Touched... it's smart to start your trade with the entry of the Stop-Loss before you put in the actual trade you want just in case it goes wrong fast you can actually benefit and win a lot of money if it goes bad, cuz by the time you place the trade you want and you look at the screen like a GOOG trade when the earnings came out by mistake in mid-day then you would have actually made money with that protection and you would have abandoned the trade you originally wanted and moved onto the exit strategy for the accidental good trade you entered
S&P 500 bounce at end of day Friday was too weak, the fact it was back on the Lows of the
Day we had to exit Long and go Short the index... we didn't want to go Shirt but our discipline made us do it
this week is starting out with continuation-selling