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  1. Scataphagos

    Why is 'market profile' only used for futures?

    Not really. Using volume considerations in Market Profile are just as useless/harmful as others*. The ONLY legit use of volume is to see the daily handle in order to evaluate how large a play you can make if applicable. Proper trading is done with PRICE only... volume considerations make for...
  2. Scataphagos

    Why is 'market profile' only used for futures?

    Personally, I find no use whatsoever for Market Profile. It's based upon VOLUME*, for gawd sakes! *Anyone who's read my rants on "volume" knows how I disdain it. Use of volume won't cause you to make bad trades, but it will cause you to miss some good ones. KISS, baby. :)
  3. Scataphagos

    RBG passed

    Sometimes there's a price to be paid for being greedy.
  4. Scataphagos

    How long did it take you to realize that you were a gambler?

    You can try to figure a "success ratio" by checking out your correlations through past charts and see how many work and how many fail. Knowing a "percentage" on that isn't especially useful, however. You can have success if your wins are only 40% if the reward-to-risk is often 3:1 or so and...
  5. Scataphagos

    How long did it take you to realize that you were a gambler?

    The probability of win/loss and the payout (odds) in gambling are fixed and not in your favor. Take Roulette for example... the probability of winning is either 37:1 or 38:1, but the payout is only 35:1. The diff is the house "edge". That is if you play long enough, you're supposed to lose...
  6. Scataphagos

    Democrats Threaten To Burn America To The Ground If Trump Replaces Ruth Bader Ginsburg

    Typical greedy, childish Lefty schtick. "We want what we want... we want it RIGHT NOW... and if you don't give it to us, we'll burn down your house." "We'll burn down the entire country if you don't give us what we want"! (Maybe what you really deserve is a swift kick in the balls.)...
  7. Scataphagos

    How long did it take you to realize that you were a gambler?

    When you go for a walkabout, ever run into Crocodile Dundee? What's he like? :)
  8. Scataphagos

    How long did it take you to realize that you were a gambler?

    Me? I'm not struggling. I know EXACTLY what I'm supposed to do and WHY (as per my method... of course not all plays work out to my favor). When a play doesn't work stop takes me out with a small loss.
  9. Scataphagos

    Central Banks Tell Markets: "You’re On Your Own Now"

    Hope you're correct. A win of the WH and control of Congress will be the death knell of America.
  10. Scataphagos

    How long did it take you to realize that you were a gambler?

    You joke, right? Some of what you sarcastically listed is actually correct. Others, not.
  11. Scataphagos

    How long did it take you to realize that you were a gambler?

    From your own words. Pardon me if you believe you're doing GREAT!
  12. Scataphagos

    How long did it take you to realize that you were a gambler?

    No wonder you appear to be struggling at times. Wise UP! It's all "in the charts"... what players are doing with their money... buying/selling.
  13. Scataphagos

    Central Banks Tell Markets: "You’re On Your Own Now"

    Powell initially tried to pare down the Fed's balance sheet and raise rates... which he should have done. Then he acquiesced to political pressures from Trump to print money and provide ridiculous liquidity for the markets. Glad to see he's not pressing that "meme" and is (at least...
  14. Scataphagos

    Pander to the mob - Lose your University funding

    Gimme a break. Being a black woman, the system has bent over and kissed her ass all along the way.... and she bitches about it. As always, give people that which they did not earn and do not deserve... and all they will do is bitch about not getting more and sooner. Odumbo's the same.
  15. Scataphagos

    How long did it take you to realize that you were a gambler?

    You can partially figure it out... net wins > net losses, which you seem to be doing now. But it's possible to get much better still. I can tell you want to get better (who wouldn't?).... So in case you're not focusing in the right place, I'll say again as I've said before... The beginning...
  16. Scataphagos

    How long did it take you to realize that you were a gambler?

    It's a process. You get what you get when you get it, if ever. I recall one famous old-timer retiring and saying, "I traded the markets for 50 years and never really "figured it out".)
  17. Scataphagos

    How long did it take you to realize that you were a gambler?

    You can get to the point where you have 60%-ish win rate with always 3:1+ profit potential. That is, you make the plays where you can imagine/see where you "might make 3:1 your risk". Many will break down before that, but some will go for much bigger gains. THAT's how you're supposed to be...
  18. Scataphagos

    How long did it take you to realize that you were a gambler?

    That you have good strings of success is a good thing. Worth your while to figure it out more so that you don't have bad strings. It's doable. Believe me. :)
  19. Scataphagos

    RGB Replacement ASAP!

    Absolutely! It's a "one way street" for them. Bastards!
  20. Scataphagos

    How long did it take you to realize that you were a gambler?

    Years ago I thought "proper trading par" to be 20%/year. I traded mutual funds and a timing service for clients averaging 41% compounded, for 18 years. (I often heard, "that can't be real", "that can't be possible"). I had a software package where I had to ask the writers to expand certain...
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