While I am not responding to certain individuals inparticular...
It needs to be understood that the Professors here are experienced traders and on that note, what we choose to call or play is based on not only our chart reads and DD, but that experience...
While our goal is certainly not to lose money, you have to understand that we are trying to lead for a majority...
And many here do not have the ability to daytrade or even use margin accounts...so while a particular play may be down (even substantially) at a given instant in time...you must understand that we are aware of our positions and should we feel they have let us down or dramatically changed in a way that we must exit, we will certainly do so...
I point to SSO which while we had a decent entry, many were able to get in even cheaper...furthermore, that play dropped uncharacteristically right off the bat...that did not deter our confidence in our ability or our charting skills, we simply recognized the anomly and reacted accordingly therby exiting the trade with a nice profit...
Now all that being said...I would recommend that anyone who has a question about our trading style or abilities bring those questions to us in private...and perhaps we can answer your questions without creating the type of situation that developed here today...
So on that note...I would ask that some appreciation and be show for all the hard work we do here and perhaps just a little courtesy when asking questions...
Respectfully,
Monk
It's a gift...and a curse...
