Recent content by CONTRARIAN

I use Stop-Limit Orders to enter into positions. I also use Stop-Limit Orders as a protective trailing Stop-Loss. I use Limit Orders to take profit. .........sometimes when I'm scalping I will use Limits both to enter and exit. I NEVER EVER EVER EVER USE MKT ORDERS UNLESS MY LIFE...

95% of traders have the ability to call the market about 50% of the time and they can see opportunities but don't know how to go about capitalizing on those opportunities. that is why they fail.

take a look at this chart.

I woke up late this morning and it seems that I have missed all the fun. I would like to particapate and would like to carryover my 2 positions previously posted in my journal (still holding long). 12-16-03 09:47 AM CONTRA PLAYS Open Positions: CLG4 L 30.40 from (03 Dec 2003)...

I believe that I understand the concept but what type of methodology are you using? Not that I want to get all proprietary and all but is their a method that is being employed? or are you just shooting from the hip?

thank you. I guess spellcheck missed that one?

if anybody should be shut down its definitely this loud mouth! All he ever does is stalk people who trade better than he does. T-REX embarrassed him when he challenged him in the ego challenge and he failed to show up. All he ever does is make excuses. LOL

It would appear that YOU are SPAMMING T-REX! Why do you guys insist on trashing a guy who is tryna help people? I don't get it? This guy has not charged a penny but yet he has to put up with so much crap outta you all. I tell ya if I were him I would not do anything for you ungrateful...

Please feel free to do so. I missed the first one. I would like to learn more about your approach. It seems that you are a discretional trader like myself? I think that you have automated all of your analysis though. No?

Perhaps you may want to consider liquidating your shorts here if yesterday's low is not taken out today and/or we fail to close below yesterday's low. just a thought.

Try switching to a long only strategy. what i mean is buying rallies in a declining stock. buying breakouts and dips in a stock that is in an uptrend. other than that all you can do is buy puts. or switch to ES or NQ futures. (i.e. shorting the futures.) just a thought. I only the...

I'm not sure that I follow you???:confused: Foreign interest has dried up. They now seek higher yields overseas. cheap dollar hurts exports. weak corporate earnings hurt economic recovery. absence of higher paying jobs hurt families well being and socioeconomic stability. MASSIVE...

Not to be a knucklehead about it but have you considered the Weekly Chart on the ES? An argument can be made that perhaps we are still in a Bull market that has experienced a MASSIVE distribution of wealth i.e. profit taking. Now it could be further noted that we have successfully tested the...

HOWEVER........... History "may" repeat itself here. Example: The Yen Futures contract dipped into the 80's and so did the Euro a few years ago. But now look at the Euro today???