Let out frustrations here!!

[BigHenry]

MY OFFICIAL NICKNAME FOR THE YEAR SO FAR IS BIG RED! SOME **** NEEDS TO COME THROUGH OR AT LEAST GO BACK TO WHERE IT SHOULD BE OR I WILL BE EVEN MORE LIVID THAN I ALREADY AM. THE STOCK MARKET IS A BUNCH OF BULL**** RIGHT NOW. *@^&$&*@ @*($&@(# @*#$@& #&#&@* @$^&@*@.

Anyone else in the same boat?

[BadThad]

)(*&&^F^&A_*UPKJFHFN FGHASDPIOHSF!!!!!

YES! My portfolio is so red looks like a communist propaganda flier! I'm so tired of this #*@& $h!t too.

I WANT MY BULL MARKET BACK! NOW!

[BadThad]

OK, what the hell is the point of a stock market that only caters to shorters? This is BS the last 3 months, I'm about ready to cash it all in and say F it. :mad:

[BigHenry]

OK, what the hell is the point of a stock market that only caters to shorters? This is BS the last 3 months, I'm about ready to cash it all in and say F it. :mad:


I have been saying that everyday.

[BigHenry]

The only thing that is green is MNEI that seems to have merged and got all screwed up for the past couple weeks. I put in $500, after they merged it shows it being worth $150,000!!!!! Tried to cash out but it won't let me.

[BadThad]

The only thing that is green is MNEI that seems to have merged and got all screwed up for the past couple weeks. I put in $500, after they merged it shows it being worth $150,000!!!!! Tried to cash out but it won't let me.

LMAO....in your dreams! :p

[Ciao]

You 2 don’t get too dramatic….. :(
Look into the bright side… think how much cheaper you can buy them….. ;):p:p

[BadThad]

That's the problem! LOL I snagged up shares when I thought the bear hit bottom, I only have freaking $500 left in my cash account and I'm not selling anything for a loss......so I'm quite bored already. It's like a gambler sitting in a casino watching everyone else play. LOL

[BigHenry]

Bought alot of stocks when everything went down, then it went down even more. You can sell for a loss and have it as a tax write off correct? If that is the case, I am looking forward to tax time.

[Ciao]

Hello
I am not here neither to teach you how to trade or to show you the way….
I am not in a position to do that when myself maybe I still need a lot to learn…

BUT:
IMO when something like this m/ subprime come out it takes weeks to see how important + dangerous is toward the market
Case like this banks, institutions, Gov. etc… try to hide as much as possible in order not to cause a panic sale (bigger then what has happened) therefore we get into a market that I call a “drunkman walk” (one step forward and two backwards) before one realized is in deep water … then come shall I sell or shall I keep them… in order not to lose too much…. And those steps are getting more backwards…. We begging to buy in order to average down, IMO last thing to do in moment like this…
when the market change drastically, remember that sometime one need to change it is strategy
I had the luck to “guess” ( IMO reading between the lines at all news sometime it help more then any charts etc…) that something bad had to come and sold everything (specially in Milan)some with a small loss , (kept only one in the UK) but I could say I am nearly 100% liquid…that money help me to do my in/out + shorting daily and make money …..
It is easy for me to say that now, but I believe it is since end of July that I post to be careful bad to worse still to come…..
You could say “bull s***t” we know that….. but it is more important to do it, it is not easy but a good trader need to know as much of market psychology then charts etc….. this is my simple opinion

Look at it this way: if you sell ice-creams and suddenly the weather change to a blistering cold, would you still sell ice-creams?? Doubtful if you will be selling a lot or any… but if you add to your selling a hot drinks, wouldn’t it recuperate some of your lost of taking (money)??
Years ago when I stopped to lesson all those market gurus and study and create my own strategy I began to lose less and made more
, ok maybe my strategy will be laughed at buy the pro…. but why should I care when it work!!!! who say that there are better then mine??? One thing to remember that money goes with money… more you got and more you make and learn to lose less
Gee just realized how I mumble on…. Hope you get the meaning of what I am try to say, but in no way was to show or teach you anything but simply to make you see another side of it….

At the same time in 1 year time your shares are all galloping with high profit … long position should be avoided to be watched daily … put a SL and forget about them that is IMO and you will suffer less

Good night to you :):)

[BigHenry]

I'm not too concerned about the long term of my money. I just need to stop looking at the stocks everyday. During the whole mess a few weeks ago, they interviewed Warren Buffet on CNBC and he was calmer than anyone.

[Therion]

There's nothing wrong with selling at a loss. I sold out of a stock at a 20% loss recently (even though I'm sure it will go up in the next couple of weeks) to make a quick flip on something I liked. Well that stock went up 60% in one week, and I was able to get a bigger stake in my original stock when I bought back. You gotta play the market if you see opportunities. Red sales suck, but even the best traders have lots of them... they should just be smaller than the green trades.

[CatFish]

numurous times if a stock i like starts to drop i sell at a loss and pick back up lower. kinda a reverse trade i call it. i want to hold it and i know it is going to drop but i believe it has great potential. what that does is less say i am in xyz stock at .20 10,000 shares i have invested $2,000.00 into it. it starts to drop and i know it is going down i sell at .18 i get $1,800.00 a $200.00 loss however i dont care i am going to get more even cheaper. lets say support is at .10 and i pick back up at .12. i could get 15,000 shares for my $1.800. thus adding 5,000 shares to my collection and no money spent. and my new average pps is now only.15 a share. all it has to do is get to .20 again where i originally bought and i can sell for $3,000 and make a grand. if i just sit thier and watch it drop and not take advantage of the situation at .20 i would only break even. take advantage of the market. weather a stock is going up or down. thier is no such thing as a bad profit so take em anyway you can get them

[BadThad]

numurous times if a stock i like starts to drop i sell at a loss and pick back up lower. kinda a reverse trade i call it. i want to hold it and i know it is going to drop but i believe it has great potential. what that does is less say i am in xyz stock at .20 10,000 shares i have invested $2,000.00 into it. it starts to drop and i know it is going down i sell at .18 i get $1,800.00 a $200.00 loss however i dont care i am going to get more even cheaper. lets say support is at .10 and i pick back up at .12. i could get 15,000 shares for my $1.800. thus adding 5,000 shares to my collection and no money spent. and my new average pps is now only.15 a share. all it has to do is get to .20 again where i originally bought and i can sell for $3,000 and make a grand. if i just sit thier and watch it drop and not take advantage of the situation at .20 i would only break even. take advantage of the market. weather a stock is going up or down. thier is no such thing as a bad profit so take em anyway you can get them

The hard thing is finding that low. LOL I bought a lot of stocks when I thought, this is it....they can't possibly go lower.....well, I'll be damned if they didn't. LOL