SPY Mods can we please have a mute button, even if it costs moneyCommunity discussions
SPY Mods can we please have a mute button, even if it costs moneySPY Bones do you realize you don't post any valuable info on price action, ever? It's always about you and your cataclysmic trading mistakes.
SPY They used to mock Jesse Livermore in the newspapers. They would write, when Livermore goes long the market crashes and when he goes short, the market rallies. But then Livermore struck back like the child prodigy he was. 3 times he went bankrupt and then somehow managed to take something like 1k to millions. Do it once or twice can be considered lucky. Doing it three times, it cannot be called luck. He also went through losing runs that spanned years. Once it went through a run of 14 years where he neither made money or lost. Just kind of breakeven. He could not sleep properly when he lost a trade. He would wake up in the middle of the night, troubled by why he hadnt managed to catch a move. He would study his charts continously trying to find a way. Then he would fail again. But eventually he would find his way and take like a 1k to millions. But he was also the dumbest person in the world sometimes. Once he had made the equivelent of 1.6bn in todays money. All he had to do was take half out. But no. The dummy would trade away the whole 1.6bn to zero. Then he committed suicide and deemed his life a failure.He left a note addressed to his wife Nina.
"My dear Nina: Can't help it. Things have been bad with me. I am tired of fighting. Can't carry on any longer. This is the only way out. I am unworthy of your love. I am a failure. I am truly sorry, but this is the only way out for me. Love Laurie"
Do not follow Livermore. The only thing you should take from Livermore is his work ethic. In terms of working hard, he was a beast.
SPY Santa hawkish on Christmas Rally, AI Elves caught hallucinating a bubble. Market closed for US Holiday
SPY I can see SPY reaching as low as 500 by the end of Jan/Feb, but I also know big players don't sell their substantial positions near bottoms. They will sell into a real DCB probably set off by FOMO speculation of a 0.5% cut from the Fed's Dec meeting in the coming weeks. Once we break below 640 we can assume the major players have exited until the next bottom is made.SPY Monday im gonna use 200 of the 1000 and buy a 2/3dte. I dont wanna go through the blood pressure of last week by risking all.SPY Weekends man. I hate the weekends. I just wanna trade. And dont say crypto. In the UK we dont have leverage on Crypto and i only like trading on leverage.
SPY don't be giving out price predictions in here guys. Wall Street Smart money is reading your posts to figure out where the price is going