Doing it My Way
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And other times a barf bag...
Only a sadistic SOB would have enjoyed the Fs this afternoon. A day watching soap operas (which I hate) would have been more enjoyable and productive. E*Trade made quite a bit more than I did today. All those trades and a flat day for me.
That's exactly what I did too. Too many buy signals invalidated more or less right off the starting line. Just shook my head and turned off E*Trade Pro. Tomorrow's another day.
Ladies, I apologize for the very minor vulgarity/visual I'm about to produce, but this truly needs to be said...
I officially would have rathered take a 9-iron to the beanbag then trade the Fs today... lol
You are a sick sick individual... lol
Yup... Today would have been better spent golfing than trading. Boring day for sure.
Woah buddy slow down... You're gonna pull something if you keep posting this fast.
To be honest, it's really a case of "what do they have to lose". They control the buying by simply not allowing it to occur. Given the 10s of millions of shares they're short, it's not a big deal for them to short another couple hundred thousand in an attempt to see if maybe... just maybe they can scare people out by breaching the 200. Of course, they know and we know that it is simply not going to shake any shares loose. But again... what do they have to lose by trying.
Personally I think it's a waste of time. But it will allow me to start funneling some day trading funds into CDIV, so I'm not complaining. ;)
I concur... but boy do I HATE the F'N J thing.
I couldn't trade all afternoon because of meetings.
This stupid J thing cost me so much money today... GAHHHHH
That's exactly why this has been so drawn out. I think the MMs conceded the squeeze quite a while ago. Now they are whittling away at our expectations of what we're going to get. They're hoping that those that were looking for 15 are so mentally spent that they'll gladly take 5.
It'll happen... Then we can sing a duet... lol
In case you haven't noticed. No one on this board cares. Go cry somewhere else.
Made 2%. Execution failures cost me another 2% though. Solid first morning. I'll take it.
Thanks... feels good.
It was awesome... Apparently the firewall here at work interferes with E*Trades MarketTrader (I knew it stopped Pro). So I missed out on two trades that failed to execute. Still made about 2% in an hour. Shoulda been 4%+. But I'll take it. I got past the nerves and feeling good. 5 trades... 4 positive... 1 slightly negative.
Yes it is... Gonna be singing My Way tonight... lol
I'm no longer a daytrading virgin...
Went live this morning.
lol... sorry...
I did not mean <he did not mean>
to blow his mind <to blow his mind>
but that $#@% happens to me all the tiiiiiiiimmmmmmmmeeee!
Are they rattled nerves? Or good old fashion subterfuge?
Uhhhh... If the goal is to make the stock look weak, what do you expect them to do?
Exactly... Right on.
You won't be out of place. Tool despite being an awesome band somehow managed to keep themselves out of the limelight. I think there's gonna be a good number of us 30-somethings at their concert.
I've been combining the skills learned in the monkinars with simple support/resistance lines. It has been working VERY well... I've been able to catch quite a few near bottoms and get the most our of quite a few quick trades. If you stick to the rules, it's very hard to get hurt. Keep it up man...
I was at karaoke last week (I know... big surprise) and one of the guys got up to sing Sober... I was so freaking stoked until he started singing. Man did he butcher it. I think next week I'm gonna sing it to keep him from having a chance... lol
That break and retest of 20.00 was textbook perfect. Good trade.
Yeah, for now, I've been avoiding that time for two reasons.
1) That time seems consistently difficult to trade
2) Until I'm doing this full time, I do need at least a block a day dedicated to the W thing... lol
Great band list there. Gotta add Red Hot Chili Peppers and Soundgarden. I pretty much like any rock from the 60s,70s,90s, and early 00s. I'm not a big fan of the 80s. But I found that even if I HATE an 80s song, I find myself singing along. I think that's why I dislike the decade so much... lol
You must have traded that midday range. That was some tough trading.
Are you tradings the 5s? or 1s?
Always was a rocker, always will be. While I did listen to some rap, I was really big into the grunge/alternative movement in the early 90s. I even spent a couple years as the lead singer of a grunge cover band... lol
I had to laugh. I found myself remembering listening to NWA and Body Count. I can't believe I just admitted that... lol
After yesterday, I figured you were more of a Gin and Guice drinker... lol
And we have such an interesting family don't we? I hope to attend as many Monkinars as possible. Get to know the family better. Get a bit more partying in.
Connie, just plan on making enough money to attend all future Monkinars. :)
Besides, why wouldn't you want to attend? As Monk put it, it's like attending a party and having a class break out.
I'm sorry to hear that. I hope you're doing ok. My prayers go out to his family and friends.
Can I post this here?
People really need to understand what is at stake here. Unlike the other FLDs, CDIV is highly visible and heavily followed right now. If the MMs lose this fight, then everyone will see that they can be beaten. So understand that they will fight this to the bitter end. As of now, the have an air of invincibility. Take away that illusion and they are in for a world of hurt.
This method of exposing their illegal tactics is both legal and easily copied (if you have a group of investors willing to help one another). Can you imagine what would happen if these tactics started getting used all over?
But let's be honest. While their pain will be immense, it's only temporary. The tactics they have been using have been honed over decades of application. They will adapt. They will find ways to make this work for them. I don't believe for one moment that this will set them straight and cause them to start acting honest. Human beings can adapt, but they don't change at their core. We too will need to adapt. But for now, our strategy is superior.
NONE of the monkinars have been to drum up money for FLDs. I've been to two, and the FLDs were barely talked about in one and not talked about at all in the other. In fact, the only reason they were brought up in the one is because someone asked a question about them. Those seminars are to talk about trading, not pumping money into CDIV or any other FLD.
It's not coincidence at all. This is like any other well planned military campaign. We have deception of strength by our opponent backed up with propoganda to weaken our spirts.
Unfortunately for the MMs, they're looking a lot like North Korea right now. Loud barking with nothing to back it up. In fact, their actions seem to have the opposite effect. I'm gearing up to buy some more as a big FU to them. I'm sure I'm not the only one either.
And to be honest, it's better to not reply to them at all. There's a whole lot of TOS reporting going on over their and they're doing whatever they can to try to get longs restricted or banned.