Please people here. Let Hajimadow continue to write his non-sense calls. Muffhands, SoesWasBetter, you need to understand Hajimadow is a replication of the average investor. When you read him, you know what the majority thinks : short overbought stocks, buy ugly stocks... Frankly, I discovered interesting trades thx to him. I always take the opposite side of his calls, success rate >90% . CM
I am happy that my non-sense calls has made you rich. How are you doing today? DOW only 0.6% down and everyone is quiet. wait for a 3% down and I want to see who is buying if any money left in your account or if you really trading. Are you making money on my KMX short call? How is your long CAT doing in this market? How is your long ADI doing? Baby I am patient. One by one.
It's all a question of time frame folks. What you might see as a trend, other's might call noise. If you think Haj doesn't have something to offer, you're not reading what he's writing. All you see is trade calls, but there's so much more behind those calls. Right or wrong isn't what makes a call valuable--unless you're reaching for coat tails as they come past (which isn't a bad way to go, sometimes)
My Calls as of now 11/9/2017 1:21PM ET: Short side : CAT, AMZN, AAPL, ADI, COST, HD, Long : SLV, GLD, SBUX, SQ, PYPL, VZ
You may make money trading, but your stock directional calls generally fail more then they succeed. Patience is all fine and dandy but when you say short MCD at $95 with an expectation of bankruptcy in 5 years, and it rallies to $170, patience goes out the window. I make no judgement on any of your current calls except to note that your bias is to short established money making companies that are trending up. So someone taking the opposite side of those trades the last few years did rather well. Eventually you may be right, sure, if US markets overall turn in a big way. Good luck to you.
You are right.I shorted MCD starting 95 and got out at $120 even (no loss). That is the art. Stock goes up $25 and I get out with no loss !!. Passed $120, I do not care. Successful traders are wrong 80% of the time but in that 20%, they make enough money to cover losses. I have posted my last 7 years of trading and I have been up over 3% a month. Does it tell you something? Putting an order is easy. Just click. But managing a position is an art which humbly I claim that I have.
COST was so miserable after quarterly report (just 6 weeks ago). It went below 156. Are you saying COST will never hit $156? Well, I am patient. While I am waiting, I sell PUTs. I don't expect when I sell something it goes to zero right away.
171 Yes. I am the man. I rarely talk specific trades , but when I do, I'm scary good. It's documented