Please be real careful out there. Not a time to be a hero.
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Very few remember one of the best calls I made back on Dec. 2021. I got exactly 7 likes (boost) for my efforts. LOL! The market subsequently dropped about -34% since that video in the year that followed.
not even god has been right the second time in this market.
RealMacro
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@anupkrverma, Hahah! Good one! :)
MikeOnlineable
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@rishirathoreprofits, Exaactly. Time for @RealMacro to drop the Magic claims that he can't back-up. Based on his personal claims and celebrations on TV you would expect to see a huge profitable trader. His trading results are far from that due to lack of essential trading skills.
MikeOnlineable
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"Very few remember one of the best calls I made back on Dec. 2021. I got exactly 7 likes (boost) for my efforts. LOL! The market subsequently dropped about -34% since that video in the year that followed."
Summs it all up. Because you have so many calls, some of them are indeed good. You account reached rock bottom in that period. So exactly my point to the entire community.
A nice analysis doesn't make you a good trader or investor.
bjorn2z
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I came across you much later.I agree with you about Dec 2021. Brilliant call!! Shame that it had got only 7 likes originally and still only 20. Such is the madness of the herd. What do you think about this week? Today's selloff is a one day thing? Or is this just the beginning of a longer selloff? The depth and duration of the yield curve inversion must be respected and the impact has a longer lag than many expect but hardly variable. It is never different this time. AI will not save the downside by miraculous productivity increases to help achieve the mythical soft landing.
bjorn2z
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Sir Nick, the relentless selling that you are describing is the market taking the stairs up and the elevator down. Right? That is the reason I build up a short position during the run up. My current allocation, marked to market 5 minutes ago: Long 92% JAAA/PULS/TFLO/SGOV/BOXX/DUSB/FDRXX/SPAXX, 2% BTG/SAND/IAUX/ARNGF, 6% FNGD Short: 13% NVDA, 8% WING, 4% ITB Total Performance: -2% YTD, +200% since Oct 1, 2018
RealMacro
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@bjorn2z, The video was in Sec 2021 as you can see all of 2022 the market sold off 35% Top to bottom.
Thata why Mike is here whining and Crying again how nothing is fair for for him bc I keep getting right.
bjorn2z
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@RealMacro, Right! Yes, you most certainly nailed the last top end of 2021. Is Dec 2023/Feb 2024 a similar top? I think so.
MikeOnlineable
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@bjorn2z what @RealMacro failure doesn't tell you is that just before the market crashed he came to tell me he gave up, whining that it cannot be true after blowing his account almost. it was me who gave him the energy to continue. it gave him slhuge gains, but never thanked me for it.
MikeOnlineable
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@bjorn2z but there is more to this story. because realmacrofailure indeed made 800K. just like every trader in the market, he shorted that peak. here is problem, I don't know any serious trader that didn't trade that short. in only know one, who had been trying for nearby 2 years loosing his ass. so don't claim a brilliant call, because he was a bear since 2019. I am sorry bjorn, but thing are not as they are presented to you.