Jump to content



Photo

Short SPX


  • Please log in to reply
32 replies to this topic

#1 Swiss Trader

Swiss Trader

    Member

  • Traders-Talk User
  • 1,264 posts

Posted 30 November 2017 - 01:27 PM

Again SPX 2653,10 Cash

 

Position Trade

 

Initial stop 2688


                                                             tLCTRQ5.jpg


#2 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 30 November 2017 - 01:50 PM

Ditto
"we do G.d's work" Lloyd Blankfein

#3 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 30 November 2017 - 02:00 PM

If at first you don't succeed....?

 

You might as well step in front of a runaway freight train.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#4 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 30 November 2017 - 02:24 PM

If at first you don't succeed....?
 
You might as well step in front of a runaway freight train.
 
Fib


Stop at break even.
Where is your trade?
"we do G.d's work" Lloyd Blankfein

#5 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 30 November 2017 - 02:29 PM

 

If at first you don't succeed....?
 
You might as well step in front of a runaway freight train.
 
Fib


Stop at break even.
Where is your trade?

 

 

i don't post trades on a public board unless I know the very same people who read the thread also know when I closed it.

 

It's an old brokers rule...I'm not here to impress or start pissing contests as others like to do.

 

I'm here to provide technical insight so that YOU can become a better trader.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#6 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 30 November 2017 - 02:35 PM

 

 

If at first you don't succeed....?
 
You might as well step in front of a runaway freight train.
 
Fib


Stop at break even.
Where is your trade?

 

 

i don't post trades on a public board unless I know the very same people who read the thread also know when I closed it.

 

It's an old brokers rule...I'm not here to impress or start pissing contests as others like to do.

 

I'm here to provide technical insight so that YOU can become a better trader.

 

Fib

 

 

 

Well, you how can anybody become a better trader unless you show them how trading is done ? Technical analysis is not trading.

 

Trading is about trade management i.e where you enter, where you exit, how to place stops, how to take profits, how to manage your losses/risk, position sizing. You agree with me ?

 

Sadly that's the thing which is most missing on this board.


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#7 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 30 November 2017 - 02:40 PM

I will go to the extent of saying posting trades is the most noble activity on a trading message board.


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#8 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 30 November 2017 - 02:41 PM

I will go to the extent of saying posting trades is the most noble activity on a trading message board.

 

Then you know that I posted an upside objective of 2800 on the SPX several weeks ago...by extension, that's my trade.

 

Fib


Edited by fib_1618, 30 November 2017 - 02:41 PM.

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#9 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 30 November 2017 - 02:50 PM

 

I will go to the extent of saying posting trades is the most noble activity on a trading message board.

 

Then you know that I posted an upside objective of 2800 on the SPX several weeks ago...by extension, that's my trade.

 

Fib

 

 

Fair enough !


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#10 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 30 November 2017 - 02:54 PM

 

 

 

If at first you don't succeed....?
 
You might as well step in front of a runaway freight train.
 
Fib


Stop at break even.
Where is your trade?

 

 

i don't post trades on a public board unless I know the very same people who read the thread also know when I closed it.

 

It's an old brokers rule...I'm not here to impress or start pissing contests as others like to do.

 

I'm here to provide technical insight so that YOU can become a better trader.

 

Fib

 

 

Well, you how can anybody become a better trader unless you show them how trading is done ? Technical analysis is not trading.

 

Trading is about trade management i.e where you enter, where you exit, how to place stops, how to take profits, how to manage your losses/risk, position sizing. You agree with me ?

 

Sadly that's the thing which is most missing on this board.

 

 

What's actually sad is that just about everyone on this board today is looking for someone to tell them what to do.

 

Very few want to post something technically substantive to provide their reasoning so that lessons learned can be paid forward for others to carry on.

 

All we get are "drive by" posts, of unusable technical analysis, that are usually derogatory in content.

 

And when others attempt to expand the discussion, they become ridiculed because of it.

 

Sorry, but the old days are gone when the exchange of ideas, in the greater battle of beating the market at its own game and not ourselves, has been replaced by real lack of work ethic.

 

And though I do my best to answer all questions posed to me in spite of this demeanor, there are very few, if any, that are asked.

 

So be it.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions