38 Comments

I REMEMBER what happened last time you went to cash: a HUGE drop in the stock market. I think this should be a wake up call to everyone!

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I also am 100% out and also pulled majority of my cash but the rest needs to settle before final withdraw. Youtube is deleting my comments, I think its because I said "The Federal reserve must go."

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you forgot to tell your sheeple all the stupid losses you just took in pan selling - what a fool

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Yes, look how suddenly we went from stocks are going higher to sell everything but metals and cryptos.

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There are so many ways and sectors to make $$ in the market yet GM with his sometimes bi-polar mentality only makes himself look like an immature and ignorant fool with what he so-called did and suggested this morning. I'm up very nicely today with the hedges I put in place yesterday in SPXS, SQQQ and SDOW.

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what exp date and strike for sqqq?

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They're not options but are inverse x 3 ETF's of their respective SPY, QQQ and DOW index.

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This came without warning. I can't suddenly dump everything.

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right... were not all in a position to just take big losses on a down day bc of what some of the brokerages are doing. what's wrong with transitioning out of a brokerage over like say a week? they will lose all our business in time anyway so im not really rushing to take a loss

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Totally agree

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Remember you have a trading plan and Greg have a trading plan. Just take his advice and adjust your trading plan accordingly. He made a suggestion. You make the decision.

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I'm sticking with my plan because it's not rational to suddenly dump everything at big losses in a fear-driven correction.

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Your not alone. I wish I could also!!!!

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Is this a protest withdrawal, or anticipation of a market crash (that you've been saying is "against the trend")?

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Remember Lions do your research. Greg can answer your questions all day long, but if you don't do your own research you will never learn what to do as well.

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Agreed. I did well on that tiny dogecoin though. .002 to .07. I'm out, keeping liquid for the next good opportunity.

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now schwab is not posting buys on account ..ass wipes

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I agree, I was thinking that yesterday and when you mentioned it in your post market wrap up I thought I was going to see how today played out! We now know!!

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Ok I opened a SPY call position just before Greg posted this. I'll get out as soon as I get eben. It's falling at present.

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can't get out. we have positions with losses

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Let me add to what I said earlier. Lions, do your own research. Don't expect Greg to answer all your questions. Better yet just buy his book, "A Not So Random Walk on Wall Street".

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I closed my positions also👍

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If several large brokerages can get away with unethical behavior, the others will, too. The rule of law is gone. Instability is the new state of affairs. When an empire falls, everything goes.

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Following your lead. I'm already up 20% this year thanks to you. Pulling profits is never bad. Love you Greg!

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im confused. is the point to punish certain banks by taking our business elsewhere? or is it to make the market crash so the banks can buy it all for cheap?

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