Stewie,
I am new to your service this week and I like what I see. Took the FCX, HL trades which I was obviously happy with. I realize that some trades will go bad but as long as we have stops in place we are protected. I was actually more impressed with your advice yesterday not to be aggressive going short. As the market rallied in the afternoon, this proved to be wise advice. As a relatively new trader, I am learning to overcome the urge to overtrade and your timely comments will help me to stop and carefully consider each move. In addition to saving me from losses, this will help me learn to be a better trader.
brian w.
This member started this week with me and is still on the 10 day free trial but this is the kind of feedback i have been hearing from many other members!
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I think I can safely say your VIX gut has exploded today.
ReplyDeletemy VIX prediction was off BUT how about the actual idea behind the call??
ReplyDeletethat's what the whole post was about. I hope you didn't miss this part?..."my only advise is bears have your stops ready and bulls be ready for a monster short squeeze!"
you can at least give me that! hehehehe! ;-)
The whole idea behind VIX sell off is that you will have a continuous uptrend. The whole idea behind one day gain is that you have a one day booze party; so partial credit can be given. I didn't want to miss that part as I didn't want to participate in it. It works only sometimes and I can't keep changing positions and earn profits for brokers. Keep up the good work and making gambling calls...
ReplyDeleteYou seem a little bitter but i do wish you good luck my friend.
ReplyDeleteSorry if I sounded bitter to you, although on what point exactly I don't know. Wish you all the luck too.
ReplyDeletePlease don't feel bad as you're not the only one making predictions, everyone does including myself. I am just not selling my service for it!
T. it was all in the charts bro. forget the bear cheer leaders and the green shoots cheer leaders, just look at the charts and trade accordingly.
ReplyDeletethat's why i made this post:
http://theimpatienttrader.blogspot.com/2009/05/you-be-judge.html
Did you see anything bearish there?
i think my point is made regarding this conversation. I am not sure what else to tell you.