xjo - macro players pls, page-32

Hi Takuan,

Just from my past experence, each time when I go against Rob's thinking...I would lose money. Many here thinks he is always Bull, but he isn't.

He trades what he sees.
He doesn't trade on hype.
He doesn't trade on news.
He doesn't trade with emotions.
He doesn't buy and hope for golden eggs.
He doesn't tell people what to do, but he drops you hints. He is fast, but if you can catch up and walk beside him, you can make alot of money.

I have been following the guy's trading for a while now(not from HC).
He has strong discipline, and I am dare to say 90% of the people here don't have 10% of what he's got.
He doesn't trade what he thinks, he reads the market like a book, respects it and just act on it.

He never trades hyped up pennies stocks.
He doesn't believe in fast money.
He makes his daily income from the ASX 50, in and out, long and short, I have followed him and amazed and how accurate he is.

He works very hard on all his trades, and not once I have heard from him, let's buy ADO, HTX because it has gone up 1000%.

A true story.

I held my shorts on WDC lastnight from $12.00, saw the dow green this morning, and wdc high was $12.12. I was down heaps and had one sec of doubt about my short, I asked the guy on what he thinks. He said market is now short focus. WDC short target $11.80.

That was when WDC was at $12.10!!!

I was doing very well today on my shorts, until my lack of discipline/greed/fear of loss kicked in. I saw TOL at $7.82! I haven't bought TOL for months. I ignored what Rob said, "don't trade the news/hype." I went long in it. And made a huge loss!

It's easy to make money from the share market, the hardest part is to keep it. Rob is very good at keeping it.

Rob is at the top on the favorite list on Hotcopper. And that is why many people want to challenge him. Just life, I can understand that. Coz if you can prove the Number one man wrong, you will than automatically think/feel good about yourself.

......but does it really matter???


Regards

Selmax