DislikedNewstrader,
Dont you think its slightly misleading to post this update that seemingly infers that the call you made and repeated on every major thread in FF (on Thursday night) was made for a long at Fridays closing price of 198.99; but it was made when price was at 201.10-201.20 and subsequently fell over 300 pips on Friday to test the recent low at around 198.00?
I realise that as a swing trade such drawdown is not really too much trouble for a seasoned trader but here in a learning forum dedicated to day trading, filled with newbies, you could see how easily your call, which did not have any qualifications entry criteria or money management guidance could have been followed by many people as a day trade. As you would appreciate, treated as a solid intraday trade this would have swallowed any noobie lemming traders' accounts who followed the call blindly.
Congratulations on your trade but any person with any experience in this market caught the ride up on the breaking of the daily TL. They also caught the 300 pip ride down on last Friday too.
I am not dismissing your swing trade call but please dont use this forum as a pissing contest and or a reputation builder and if you really have to, please be explicitly and implicitly honest with your bragging. Is your ego worth ruining peoples accounts who dont know any better?Ignored
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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Failure, is a wonderful teacher!
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Indicators show the past. Price Action "Indicates" the future.
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Indicators show the past. Price Action "Indicates" the future.
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