Suff

@svoboda Svoda. I've followed you for a long time. I was wondering what your stance was on the current tech-crash. Do you think we're entering a period where we may be again trading the shortside of the market? What advice do you have for other traders? Thanks.

svoboda
svoboda Feb 08, 16 4:04 PM

Wow @Suff timing the market or sectors really is not my teritorry and i think noone really knows what exactly will happen so i actually do not bother with the market and sectors. What i would like to see is some more downtrend in the market because we are still high (looking back towards 2008). I think this would be healthy but i don`t know if this is going to happen.

svoboda
svoboda Feb 08, 16 4:07 PM

For new traders in this market - do not be to agressive. Do not babysit trades... If you are buying a morning spike and you don`t get it than get the hell out. Cut your loss quickly. And i personally will be more agressive on the short side than on the long because we are seeing a lot of failed morning spikers at the moment. But things are always changing... so maybe one more important thing is that you need to be fleksible and learn to addapt.

Suff
Suff Feb 08, 16 5:00 PM

Thanks, Svoboda.

Join now or log in to leave a comment
Suff
Suff Sep 24, 15 11:58 AM

Why did you trade ACI? It has downtrended for months. I'm not criticising your decision, rather trying to understand. I didn't see any retracement on the climb, did you chase this stock?

Join now or log in to leave a comment
Page
of 1