Recent content by megabucks

TraderTX, Landis82 - Excellent point ! and I agree.

I scalp ETF's for a living. Recently left my prop firm to trade independently. I miss having a live chat room to chat with other traders about calls, entries, exits, picks, current market direction, TA, watch lists, current events, etc. Not looking to form a group for the purpose of me...

yep. as many variations, styles, strategies, as there are traders. not to mention the new era of bots being developed that will crush many of the old reliable patterns. pick something of interest and comfort and become an expert and don't get lost in the maze.

Absolutely. I used to trade a screen full but I have paired back to just a couple. Less stress, more control, better results for my style.

This is good news if you believe it ! As a trader - market direction is GOOD :cool:

simple - momentum traders who buy strength on pullback on larger time frames than what you are trading. Maybe they know something.

HUH ? jibberish :D :D :D

Funny - I was at a traders seminar , about 200 people, and I have to say there were fewer than a handful that looked like they take care of themselves. Many were heavy smokers, leather skin, over weight, liquid lunches and so on. I think the stress from wild swings to boredom to total fear and...

Yet - you keep coming back to this thread and posting more - why would you if it is not time well spent for a successful trader like yourself ?

Who cares ! Does a recession or not affect traders ? It should not. It affects people with salaried jobs. That is why I am a trader ! So we can sell to the depths of the ocean or rally to Pluto. I am happy either way.:)

too funny. I rarely watch WallyWood. Occasionally I will cut it on but I find myself turning it off after a few. Just total mindless uneducated "diarrhea of the mouth" worthless noise.:D

uh we should all be traders , not long term buy only investors. there are an infinite number of interpretations and opinions on bubbles, market direction, economy, fed rates, ahhhhh...So many it is a boring topic. If you have a system that works stick with it until proven otherwise. Up, down...

my guess is 100% - his roots are trading - WallyWood comes in a poor second

nodding, clap, clap