Recent content by bobblong

The theoretical fund is not thinking like this. They will be the ones helping shape the market in the direction they desire, making the breakout happen, not buying the breakout with you.

Price action can not stop "working" because patterns of price are actually the footprint or breadcrumbs the [institutional] smart money leaves behind once it has entered/left the market, and it can not control how the footprint will be created, due to sheer size and urgency of operation. We...

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So it's been two weeks or so since my first Title trade, it was a pretty bumpy start but seems like i'm gonna be A OK. Started trading higher volatility stock today, getting used to the feel of it, I like it so far :)

I think if he were to write a new volume in the series, he should go to the other extreme and name it "Market Blizzards: The Terrifying Tales of Superstar Traders Turned Cab Drivers Following Sub Prime Meltdown"

http://traderfeed.blogspot.com/2008/07/second-guessing-should-have-syndrome.html

You can also turn to one of the big banks (HSBC, UBS..etc), the tier 1 dealerships and perhaps land yourself a junior dealer job.

-10 bucks. Was forced to trade the retarded SLE stock.

We know what the margins are for all the instruments, thank you. We know the market hours, we know your profit goals, we know that you have no average profit because you have no trades under your belt. Now shut up and start trading.

First day at Title today, yipee. Was allocated THC and SLE, which were non movers and way below average volume today. -$8 total shares traded 3600 100 share lots. Will post blotter starting monday. Quite confident in my abilities, hopefully they will start to show next week. Tips from...

A trendline can only work if you have a 100% objective method of drawing it. Given that you ask 10 people to draw trendlines on an identical chart using scientific criteria (which must be mathematically proven correct) only then can you say that a trendline "worked" or did not "work"

When you are making money you do not mind being a little bored while waiting for things to set up for more money. On the other hand... when your money is being taken from you then you are bothered about the boredome because you are only waiting for someone to take your money again? ;)

Thanks for the tips everybody, I'll try the techniques on the YM

I look for setups on the daily/4hr/1hr using 1 and 2 bar patterns which are commonly known.. many times these patterns are signaling completion of a larger compound pattern .. once I locate my prey I will spread out the pair on my screen with multiple tf's .. i.e daily-4hr-1hr-15min-5min and...

I am Jewish if you must know... homosexual not last time I checked.. and the picture was erased by a moderator. I really liked it :(