Bear, bull, long, short... It doesn't matter which way I'm going with a stock, I'm just here to make money. If I mess up, well that' my fault. The most important thing in this game is you will never win all the time. Keep a hard head and get burnt.
I do not panic buy and I certainly do not panic sell. Buy bearish and sell bullish. Knowing why something happens does not change the facts - price action trumps all. Buy the fear, sell the greed, then bank the short.
EvilSpeculator is dedicated to identifying trends in the financial markets. To that end, we post market updates several times a week and engage in pertinent discussions. This is an open forum and everyone is invited to participate.
CFA charterholder. Prop trader and market structure consultant with Bright Trading, specializing in pair trading, crutch trading, contrarian, technical, and algorithmic (HFT) trading. Views expressed here are for informational purposes only.
Attain Capital Management is a managed futures brokerage and research firm.
Disclaimer: Managed futures and other alternative investments are complex and carry a risk of substantial losses. They are not suitable for all investors.