492 replies to this topic

[12SPX]

Can't stand it when the people with all the disrespect on here are the ones that have zero to offer. 

[12SPX]

Oh and btw I made 62 points trading on here today both ways going long into the weekend, what were your pretend trades??

[beta]

Quiet board today, oh right the market is rallying this morning lol!!  Got my profit stop on at 3615 but just gonna hold the NDX trade as its a longer term trade.  At the least should be another exciting day in this grind market.  Don't forget my note from yesterday that the close saw puts skyrocketing in price as everyone expects a big crash today and they are still holding their value this morning, gonna make this report interesting!!! 

you came into yesterday morning’s 2.8% gap down LONG and pretended to get out with a 2 point loss.  

 

ZERO credibility.  Nice try LMAO.    


 

[beta]

Oh and btw I made 62 points trading on here today both ways going long into the weekend, what were your pretend trades??

zzzzzzz ….. SWAT

[An Ant]

Can't stand it when the people with all the disrespect on here are the ones that have zero to offer. 

 

Are you thinking of leaving?

Won't be my loss because I can't trade like you. But others may be benefitting from your posts. 

[linrom1]

Ok boys, you've got the whole weekend to crash talk.....again.....lets get going!!!! 

ABC correction in process, C wave up now is one very good possibility.

[linrom1]

 

Still two weeks left in Oct.  and still possible for a Black Monday 1987 .......................

Intel to layoff 20% workforce:

https://www.theverge...ining-pc-market

What's going on with semiconductor business?  Too much unconsumed inventory?  Is the market ready for a hard landing?

 

They've been riding that horse for last two years while semis were in decline since 12/21.

[K Wave]

 

Can't stand it when the people with all the disrespect on here are the ones that have zero to offer. 

 

Are you thinking of leaving?

Won't be my loss because I can't trade like you. But others may be benefitting from your posts. 

 

I don't trade like him, but am amazed at his ability to keep doubling down betting on Black, and getting out even after huge completely unnecessary drawdowns. Let's hope market does not break over a weekend when he is long against the trend and never comes back.

May not happen, but that is the current environment we are in, and what with "Crashing" Yen, BOJ trapped, Credit Suisse, Duetsche Bank perhaps coming to a head, etc, something could "break" at any time here...

 

I would shoot myself in the head if I took a 400-500 point drawdown on Naz, as my multi-timeframe stuff is way more accurate than that.

But as they say, there is certainly more than one way to skin a cat, and so far, he has done a PHENOMENAL job, especially on the smaller intraday stuff.

Kudos where kudos due.

 

But think if he added chart work to his repertoire, he could easily avoid those big drawdowns, and instead of sitting on dead money for perhaps many days, he could be catching those moves in the correct direction.

 

And this weird obsession with crashes....every other post is some crash taunt.

 

For example, TSLA has gone from  straight down since the 3 drive top, again pointed out as it was happening, yet he freaks out if you call this a crash, and constantly childishly taunts those who called it dead right.

I think he thinks this is some kind of pissing contest. Certainly not from my point of view.

I, like most of the people here, am here to share and learn, and I think I have gone way above and beyond in doing that.

 

 

 

In any event, hopefully he does not leave, as I do find his stuff interesting, although it would be a hell of a lot more interesting if he actually showed what he is looking at to make his decisions like I do.

If he really wanted to try and help people, instead of just posting trades after the fact, when it is too late for anyone to follow along that fast for the most part for a lot of the intraday stuff, he would teach them what to look for.

But for him, maybe it is just an ego thing, and he could care less about helping anyone duplicate what he is doing.

Edited by K Wave, 15 October 2022 - 09:22 AM.

[12SPX]

There we go see how this goes, starting a short build at 3700.  Think I'd rather be long but we'll see after the cash open...

Hmmmmm beta you need to get your facts straight as I was short as indicated here that followed two more shorts after the cash open.  Maybe try reading back on this thread starting on 42 and read forward from there with 3 shorts, then 2 long profits before my averaging long going into the close.  Until you actually show what your doing your comments make you sound pretty stupid especially when your facts are wrong.  Thanks to others for the comments. 

 

Sorry K I actually don't use techincal's to do my trades I follow the tape and what current option prices are telling me just all by what I see.  I've been watching the tape for 45 years.  I only use basic technical indicators like stochastics for technical's and just read reports to make my opinions that I make my comments on.  I've learned since the 87 crash that the market has become very psychologically based which I have also studied alot as the same report twice can have completely different turn outs.  Overall the movement in the tape gives me my trading plan and instead of using losing stops I've learned to just add to it until it turns.  Like I have said the market never goes up forever and never goes down forever in all time frames but sometimes you just have to wait a little longer.  There are alot of people that do follow my trades mainly just my direction at a given time which can change quick. 

 

Thinking I should show more of my real trading which is option selling which I have been doing for about 35 years as that is an incredible money maker.  My regular 3rd week cycle trades which this October has the 4200 calls, 3400 and 3300 puts on for a total of $48 premium.  I'll be placing my November trades after I get expiration numbers on Friday.  Recently been focusing on weekly options to add to my regular cycle trades with the weekly 3750 and 3500 puts seeing nice profits of $21. For this week yesterday morning I sold the 3850 calls for $14.75 and the 3500 puts for $22 at the end of the day.  Calls already have $12 profits but we'll see how the puts turn out, a little tight. 

 

I'm gonna hang around at least until I make my 24 months of straight trend trading profits all posted on here. I just get a little pissed when people have rude comments as everyone should be respectful of everyone's comments right or wrong.  I like to rib people about the crash talk but I'm never rude like beta.

[beta]

Ya those 23 months straight of posted winning trades that have never seen a loss are really contrarian, maybe start posting the start and end of your trades and then you can open your mouth otherwise shut it, I should be the one hitting ignore.  Pretty easy to criticize when you don't have the balls to show your trades!!! 

You sound rather rude and vulgar to me.  Case in point. 
 

As for your trading record, anyone who actually believes your statement above that you’ve “never seen a trading loss in 23 months” deserves to go over the lemming cliff.   So now it turns out that you’ve been SHORT against your own LONG calls for the past couple weeks, huh ?  How convenient to post these “winning trades” long after the fact.  
 

And you still haven’t explained why your sitting on 400 points down on a losing NDX trade.  No exit ever posted. Or how you entered LONG on Thursday morning on a 90 point SPX gap down and exited with a 2 point loss. You must work miracles. 

 

Anyways, you and your minions can HAVE the forum.  Very few posters —with the exception of KW, Fib, Douglas, IYB, and a few others— post anything of technical value anymore.  It’s a shame that this forum has become mostly clueless speculators randomly betting on the casino, void of any intellectual merit.  

Carry on with your nonsense.  

Edited by beta, 15 October 2022 - 11:35 AM.