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It's ALWAYS going to widen! Smarter, more accomplished people make more money. Invested capital begets more capital. That's the Capitalist Financial System way. The people who bitch about "income/asset inequality" know this too... they're just pandering for sympathy and/or votes. The only...

Agree on this. Disagree about the rest.

Your notions are completely FULL OF CRAP! Assuming you actually believe what you posted, you'd be better off looking for something other than the markets to achieve financial success.

Yeah, all of that. The ONLY thing that pays the trader is to have his position in tune with price. And volume is not a legit concern. All arguments "defending volume" as an analytical tool are WRONG when applied to trading!!

Even that is a BS notion. To "know the volume", you have to wait for the "bar" to be completed, right? Is that daily bar... an hourly bar... a 5-min bar? Whatever it is, at best it's a LAGGING "something" (I don't want to use the term "indicator" here.. or ever). If you're any good at the...

That's the "conventional wisdom"... but it's not true. It shows "whimsy" and "knee jerk" mostly. Neither is reliable about future anything.

Big wup! Isn't that "generosity" sort of like someone like me buying a homeless drunk a cup of coffee?? I'm not a billionaire, but I donate a hell of a lot larger percentage of my purse to worthy causes!... and that's AFTER our government has raped me on taxes every which way from Sunday! (In...

This is all HOGWASH... for properly experienced traders. And of course "90% of roulette players fail". The real odds are that 100% fail if they play long enough. The odds of winning are against you and there is nothing the player can do to put the odds in his favor. None of that is true in...

Of course you're correct about a high trader failure rate. However... the REAL problem is that players risk too much (leverage?) before they "know what they are doing". In gambling/casino, you're SUPPOSED TO LOSE.... the odds are fixed, against you, and there is nothing you can do to put the...

Exactly my point! :)

Trump saw the market's reaction yesterday and had to "fix it"... quick! The one sure thing we can count on Trumpy for.... doing the old "flip-floperoo".

Food for thought for OP... (hate to disagree with an old timer like you Max, but this is my official view...) 1. Volume is not only NOT important... considering volume in trade decisions will cause you to miss good plays. Shouldn't cause you to make bad trades, however. 2. Having the "X"...

Isn't that what they said about Rome?

Neither the Fed nor the Government juicing the money/markets for the next 30 days? How the Hell we gonna survive that??

The last quality fed Chairman was Volker. The path of least resistance today is "MOTS"... More Of The Same. Nobody with common sense would think our future would be different from history's others who have done this. I suspect we "continue down this path"... at an ever accelerating pace...

Early on in Powell's term, he tried to raise interest rates slowly from "irrationally low" and to trim down the Fed's balance sheet. I thought that was reasonable and a good thing... thankfully putting an end to the Bernanke and Yellen carnage. Now he's done a "180" on us... A "print the shit...

Lest anyone not recall... the Dems once pushed for lowering the voting age to 16! If 18-yr olds are too dumb and naive to vote, what the HELL about 16s? They don't even know "come here" from "sic -em"... and they should be entrusted with the responsibility of electing who is going to run the...

Not crazy at all. Part of my formal education included Developmental Biology. Current view when I was in school was that the brain isn't fully developed certainly until age 25 and perhaps even 30. This explains the high divorce rate. That is, people get married too young before they have...

Debt ALWAYS gets accounted for by someone... and often the person who pays is not the one who benefited from spending the money. With "debt forgiveness" of all kinds... the lender is the one who takes it in the shorts. But in no way is the EVER fair. Including college loan debts! (Which we...

My wife is an ortho doc. She calls them "murder cycles". :) Motorcycles are great... until you crash em'. (I got rear-ended on one years ago waiting to make a left turn. Wasn't hit hard and didn't get injured, but decided then and there to give up the bike.)