Recent content by theoddlot.net

You never met any serious day traders then. I on the other hand know many day traders that have a tight lock on so many discplines of trading that they can scalp or position the market like its an ATM machine.

Don't hate the players hate the game.

Chipotle, not 150 Chipotle but 60 chipotle.

I wrote a blog this weekend in anticipation of the move that happened this week. Kind of just explaining the "food Chain" but I couldn't post the link they asked me not to. But I'll give you a clue it's my handle. You'll have to look back to archive August 11th.

I just tell them that I read Reminiscences of a Stock operator when I was a kid, and played a lot of chess growing up. Both True...and work I guess.

It really depends on your time frame. I sold at the number. Covered immediately thereafter. Just like any technical analysis and numbers over any time frame can be skewed to fit almost anything. In retrospect, with todays action bad call. At the number it looks like he is right. Goldman...

Hang in there. I am a retail equities trader. I too have experienced a little of what you are describing. Equities are not for everyone, and regulators will never take the side of individual retail traders. We provide no value to the industry. So, you need to look at it like that. I...

I know there's absolutely something wrong with 15% returns. I have absolutely nothing against LDK. In fact I trade it quite frequently. I had posted something about the Solar stocks this weekend. Was just wondering if anyone watched or traded any and how they did. Thanks for your narrow...

Nobody caught any of this action today?

The problem with Fannie and Freddie is that depending on how you count the beans, their liabilities are worth more than their assets. Using so-called fair value accounting -- which marks their assets and liabilities to immediate market value -- Fannie is worth $12.5 billion (a sliver of equity...

Understanding All that stuff is really important in swing trading. However, when day trading or momentum trading where you are looking for smaller time periods. News, is more key than numbers. Unless of course, they are releasing earning in the very near term, or have just released them. Day...

Anyone think Stp, will have a run this week with earnings? TSL also reports.