Recent content by d-rock1080

I am not quite ready for that :) . I am sure there are many people here who are more experienced than me. I will continue to post my trades though.

Here is what I have from casually trading over the past few weeks with my system (I will post more in the future). I took some time away this month as you can see. I just started a new job and have been busy. I am not very proud of some of these losers because they were simply from not following...

All of the opposing views on this subject are very interesting. Lets keep this going.

Good points. But what I am talking about is trading on seeing the direction, and not on knowing the direction ahead of time. I used to play that game and eventually my ego became completely destroyed. Which is a good thing. I trade what I see, not what I expect. This is not the first time this...

What is the point of this question? It always comes up in one way or another. The market does not care what anybody on here thinks will happen. Whether it goes to 1000 or 1200 is really a coin toss. Sometimes you will be right, sometimes you will be wrong. If there is a strong trend currently...

I completely agree, nutmeg. The deal breaker for me is extended paper trading of my system. If I can prove that I can be consistently profitable, why not go for it? I also think it is silly to treat money differently depending upon its source (even fake money in a practice account). I treat it...

What about the notion of matching my personal equity? For instance, I have $1000 and I borrow $1000 (at most) for the month. I make a 20% return on the $2000 and end up with $2400 after one month. I then pay back the $1000, leaving me with $1400 in personal equity. I then repeat the process but...

I have one great thing going for me and one not so great. The great thing is my trading. A couple months ago I lost more money than expected and it really hurt. In fact, it crippled my ability to trade with real money. However, during the end of that experience I learned more than I ever have...

I would give it until next week to buy. I see some more selling, but that is only my opinion.

Not sure what to call this pattern but I have seen it before. The Dow literally has no support and it is going to crack.

Given the magnitude of the recent sell off, there is definitely more to come. Historically the Dow seems to have a second sell off day about equal to the magnitude of the first. Yesterday was the first. I actually thought the market would sell off this morning and recover a little in the...

I think another sell off is going to happen very shortly, as in this afternoon. It is going to be brutal! D

Does anybody else think commodities (oil, gold, silver) look extremely bullish for the coming weeks? According to my analysis, commodities are in a bullish cycle and just finished a short term correction. I noticed how just recently they all sold off sharply and immediately recovered to current...