stock market crash

[scooterscot]

Stop losses are for people that don't know which way the market is going.

[scooterscot]

Eh?

What about your 3x short Ether?

And BTW, Options are inherently leveraged. That's why people trade them (more bang for the buck).

I was talking about Stock market w.r.t to previous post.

[Paralytic]

maybe scooty did not know that
he is much wiser now and poorer

Wrong on both counts

1) He's clearly not yet accepted the mess he could be in
2) By his logic, he is only poorer when a loss is realised

[DealorNoDeal]

I was talking about Stock market w.r.t to previous post.

But your Put option is a leveraged derivative of the stock market (FTSE).

[_V_]

Stop losses are for people that don't know which way the market is going.

We call those people dumb money. Smart money like us can see the future. The future can never change there is no free will, and only the grand masters like us are all knowing.

Probably why we are here on a dying IT contractor site and not buying the 100th Lamborghini from one our our super yachts.

[Whorty]

Beautiful - the index rose to previous support, perfectly normal, now this is the big test. Does it become resistance? If it is unable to climb above 6000 and stay there until the end of the week at least then the downtrend is set in stone. There's no saving it.

Does this mean if the FTSE is still (as it has been now for weeks) in the +/- 6000 area you'll finally STFU about the markets crashing?

[scooterscot]

We call those people dumb money. Smart money like us can see the future. The future can never change there is no free will, and only the grand masters like us are all knowing.

Probably why we are here on a dying IT contractor site and not buying the 100th Lamborghini from one our our super yachts.

1) I'm a technical analyst, that's not dumb money.

2) Just because you have money does not mean you should go and spend it. This is why lottery winners and sport celebrities often end their money making streak in bankruptcy.

3) PS, if you're already thinking like that you're already defected. A statement closes the mind, a question opens it... what can I do different?

[scooterscot]

Does this mean if the FTSE is still (as it has been now for weeks) in the +/- 6000 area you'll finally STFU about the markets crashing?

No.

You're welcome to avoid reading threads I start. But something tells me resistance is futile.

[DealorNoDeal]

Does this mean if the FTSE is still (as it has been now for weeks) in the +/- 6000 area you'll finally STFU about the markets crashing?

I imagine it would need to fall quite a long way (below 5500?), in the next month or so, for him not to lose the entire $250,000.

[TheGreenBastard]

I imagine it would need to fall quite a long way (below 5500?), in the next month or so, for him not to lose the entire $250,000.

If it's in your imagination, is it still a loss?