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  1. speedo

    Best strategy for a new person.

    True, while there are exceptions, most successful traders would not be willing to commit the considerable time and effort to mentor someone other than a close friend or family member. There are no shortage of fee based "educators and gurus" which may provide some to no value but how is a...
  2. speedo

    Best strategy for a new person.

    There are no shortcuts if you have ambitions on being a trader. You have to commit to the thorough study of price development and behavior. Based on that understanding have the ability to back and forward test any potential strategy(s) and have an understanding of the probabilistic/mathematical...
  3. speedo

    Why do moving averages SUCK so much?

    MA's do exactly what they are supposed to do. Whether you use them or if you do, how you use them is up to you. No derivative will turn you into a good trader.
  4. speedo

    What kind of luxuries you want?

    You want it with the 8 track tape option and the after market A/C.
  5. speedo

    Subforums

    :D
  6. speedo

    Al's work is important as it goes well beyond setups and teaches how to read the story price is...

    Al's work is important as it goes well beyond setups and teaches how to read the story price is telling. Any "setup" is market cycle dependent. Sounds like you have the good sense to ignore the trolls, they operate from a vantage of ignorance and poor attitude.
  7. speedo

    Texan grid

    Actually Spanky, ,I lived in Texas for many years. And no, there are no hurricanes in West Texas but there are tornados, hurricane force straight line winds and dust storms. Your attempts to be an expert at things you know little of are falling flat I haven't put a fool on ignore for months...
  8. speedo

    How is negative yield possible?

    Only those with enough capital to fund a couple of micros.
  9. speedo

    Texan grid

    Ah yes, the "anti-frost packages"...LOL
  10. speedo

    Texan grid

    I've experienced 3 ice storms, two in Dallas and one on L.I.NY. For all their spectacular beauty, they are very damaging. The weight of the sticking ice brings down power lines as well as tree limbs which take down power lines. They and the blown transformers have to be re-connected by crews...
  11. speedo

    Texan grid

    This is a post by an engineer friend of mine who ran one of the biggest power plants in Texas. "For 36 years I worked for the largest electricity generator in Texas. Then Enron, Obama and renewable energy came along and the company shut down 9 coal plants and mines and laid off 5,000 people...
  12. speedo

    Anything Can Happen™

    :D
  13. speedo

    Futures Challenge Sub 2k account to 20k and then quit job?

    Next thing you know, Goldman Sachs finds the secret and...well it gets ugly.
  14. speedo

    Futures Challenge Sub 2k account to 20k and then quit job?

    :D:confused::rolleyes:
  15. speedo

    Futures Challenge Sub 2k account to 20k and then quit job?

    GC is someone who knows bullshit when he sees it.
  16. speedo

    Anything Can Happen™

    :D
  17. speedo

    Fake gurus?

    Nobert is correct, the only way to consistent trading results is to be your own guru. Most will not do what it takes to know WTF to do and have/develop the discipline to do it. Looking for someone to feed you setups is a blind alley. You can certainly learn from others but at the beginning, few...
  18. speedo

    Does the time formation of candlesticks matter for a trader?

    Institutions and their programs move the markets. It is of little to no benefit to be paying attention to that which they are not. We retailers make money by tagging along with the big money, not by out guessing them. Put up a 5 minute chart and note where it closes. That tells you who is in...
  19. speedo

    Anything Can Happen™

    GC will be away for a bit working on a project but as someone who trades with him I can answer your question. With respect to retracements, it's more general zones rather than actual Fib numbers eg., 1/3-2/3 with 50% while not a Fib number is a sweet spot. Retracements are of course viewed...
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