Quote:
Originally Posted by turtletom
Ego lets trade run against him arguably outside of the noise. Doesn't want internet see him lose.
There was no reason to cover. Apple hadn't shaken out yet. You can see how massively it under performed the rest of FANG in that graph above.
Quote:
Trade turns green immediately covers. Sighs with relief, he is internet winner today.
This is a false statement. It went green two days ago. I let it run down and down. When the market was clearly turning and Apple short covering/buying on the news not being so bad, it was time to get out. And indeed, that's exactly what's happening - I recommended covering at $168.80 on the strong market buyup/relief from bad news in Apple and it's now $171.88 this morning. I love that me being correct is tilting you.
If you're so unhinged you need to straight up lie about things ("immediately" above) to try and score a point, all you've succeeded in doing is making yourself look sillier than you already do.
Quote:
Originally Posted by turtletom
Isn't this the gamblers mindset you lectured candykreep on? Shouldn't you only wait for 95% 100-baggers.?
Again you straw man because you're so butthurt. It's sad.
Like I said above, the trading has been amazing the past two months due to the high volatility. Anyone who knows what they're doing can make money quite easily, so I'm trading a lot more than normal. CandyKreep is a clown who doesn't know what he's doing.
But yes, waiting for the high probability spots is the correct way to trade. And I do. The more frequent trades are small size ($500-$5K, typically) and strongly risk managed at the higher end of that. They don't represent a meaningful amount of my end of year profits. They're a way of keeping my head in the game, although recent volatility has made them have a nice return. The rare high probability multibagger trades are $50K+ trades and most of my bankroll sits there untouched waiting for these.