iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,441 Blog Posts

BEFORE YOU SELL SHORT, CONSIDER THIS

FUCKERS.

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18 comments

  1. numbersgame

    Where’s Post-N-Ghost?

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  2. ferd

    Fly’s gone full “chartfag”

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  3. gary g

    This shit can’t be real, cant it? are you seriously trying to predict the market of an MA break of sample size of 3??? with a discretionary length that you picked? … come on man!!! also how are u down -0.8% you have been trading like a degenerate OTB. Do you have any if anything of a semblance of audited performance? nah? .. I didn’t think so.

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    • ferd

      Suggesting that people consider what happened the last couple of times isn’t predicting, it’s simply sharing information. Often the market will behave the same way two or three times in a row …in order to program us …and then does the opposite of what was expected.

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    • numbersgame

      The market rallied 10% after Bear Stearns collapsed. Was everyhting fixed. H*** no. but 10% rally, nonetheless.

      As for Fly, he cuts his losses like a pro. Yesterday he hada 10% gain in an hour. I believe that man, especially since he posts his trades, unlike you and 99.99% of the readers of his blog.

      Also, just take it in as another point-of-view. You think Fly is the only one thinking “Rally?” No. Does waht other peopel **think** matter just as much to stock trading as actaul facts? Absolutely (ehihc is why I’m gettign destroyed by NFLX)

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  4. edge

    Quite a few resistance levels being breached today, especially last Friday’s high and 20dma. I’m net long by a little.

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    • edge

      Still cash heavy.

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      • numbersgame

        Agreed, index buying the short play, cash heavy the longe paly, and a downward leg the middle one.

        I really doubt that anybody active in the market does not notice the S&P resistance line near 2600. It is a nice even number, and it extends to the period of late 2017 and the frop in early 2018. So the question will e waht happens when we get near it. There will be initail selling and an easy short-term short-trade, but then we’ll hit it again. Will the trade war be reolved? What about Congress? Brexit? Lots of issue to puch it one way or another.

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  5. infinitezuul

    Looks like the 20 day not the 50 day.

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    • WrongView

      50 period EMA of 2 hour chart? That’d be 100 trading hours, about 16 trading days. so similar to 20 day.

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  6. ferd

    shorted AVGO

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  7. WrongView

    157 is the new 155

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  8. edge

    Trump going full shutdownfag overdrive.

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  9. speerothekid

    50day MA cross indicator where N=3. Cmon bruh.

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  10. edge

    At negative 5% GDP per year. You better get control of your boy Mitch.

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  11. Dr. Fly

    The fuck out of here with 90% of the comments on this thread

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  12. oilerua

    hey badtimer-naif-faggot do you see “that gap” up

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