i said cash out a couple mil, i’ll have double digit millions in port to still work with, just more passively.
i was skeptical at first too, but it really doesn’t take that much risk to print a stupid amount of $ in a market like this, leverage helps you exponentially long as your not completely fucking stupid. don’t short anything (at a price you don’t want to sell/own, atleast, if you want to for whatever reason), don’t trade shit you don’t understand, and cut your losers fast/let your winners run
follow those basic rules and it’s impossible to get margin called (long as you don’t max it like an idiot, top out at 50% or so to give yourself buffer zone)
Yeah ok so you’re levered up, think everyone else doing the same thing are ‘fucking stupid’ ‘idiots’, dumber than you, because you have the secret sauce to doing it slightly differently.
I will now quote my original comment:
… you’ve got the day traders, and they almost always get their clocks cleaned, they just develop a neurotic-obsessive personality based on ‘no, I’m the one guy that can outsmart the market’.
I didn’t expect one to actually appear, but, well hey there ya go.
I guess I should also amend ‘grandiose narcissist’ to my psych profile of the kind of person that does what you’re doing.
Here, lemme throw the ZeroHedge motto at you:
“On a long enough timeline, the survival rate for everyone drops to zero.”
there’s an old saying that goes pigs and lambs get slaughtered, bulls and bears can always make $.
it really isn’t nearly as risky as everyone makes it out to be if you use a modicum of common sense.
granted, there’s also Buffet’s old saying that everyone is a genius in a bull market…which is precisely why i’m using all the leverage i safely can…all this ratfuckimg is being pumped into the msrkets, might as well take as much for yourself as you can while it lasts because the crash is coming sooner than later (can’t time the top, but you can buy insurance via puts on the blatantly overpriced indices)…that’s the big filter that seperates those that know from those that think they know
i said cash out a couple mil, i’ll have double digit millions in port to still work with, just more passively.
i was skeptical at first too, but it really doesn’t take that much risk to print a stupid amount of $ in a market like this, leverage helps you exponentially long as your not completely fucking stupid. don’t short anything (at a price you don’t want to sell/own, atleast, if you want to for whatever reason), don’t trade shit you don’t understand, and cut your losers fast/let your winners run
follow those basic rules and it’s impossible to get margin called (long as you don’t max it like an idiot, top out at 50% or so to give yourself buffer zone)
Yeah ok so you’re levered up, think everyone else doing the same thing are ‘fucking stupid’ ‘idiots’, dumber than you, because you have the secret sauce to doing it slightly differently.
I will now quote my original comment:
I didn’t expect one to actually appear, but, well hey there ya go.
I guess I should also amend ‘grandiose narcissist’ to my psych profile of the kind of person that does what you’re doing.
Here, lemme throw the ZeroHedge motto at you:
“On a long enough timeline, the survival rate for everyone drops to zero.”
Good luck with your dance.
there’s an old saying that goes pigs and lambs get slaughtered, bulls and bears can always make $.
it really isn’t nearly as risky as everyone makes it out to be if you use a modicum of common sense.
granted, there’s also Buffet’s old saying that everyone is a genius in a bull market…which is precisely why i’m using all the leverage i safely can…all this ratfuckimg is being pumped into the msrkets, might as well take as much for yourself as you can while it lasts because the crash is coming sooner than later (can’t time the top, but you can buy insurance via puts on the blatantly overpriced indices)…that’s the big filter that seperates those that know from those that think they know