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I believe the sell-off today was due to Fed Chair Powell's comments at his press conference.

OK

We are currently in the summer doldrums, waiting to see if the Fed will surprise us on Weds. https://www.thebalance.com/what-are-the-summer-doldrums-357349 https://financial-dictionary.thefreedictionary.com/Summer+Doldrums

Currently YM is up +.36%

Currently YM is up a hair. It is not selling off.

https://www.urbandictionary.com/define.php?term=Bafoon You should know there is risk involved with trading. Don't blame Trump, or anyone else, for your losses. Take responsibility for your losses.

The latest release wants you to sign-in with an account to access your bookmarks, etc. More data harvesting, like cell phones... It seems much worse for tracking in Win 10 than in Win7 also.

Whatever works for you is the way to go. There are so many different successful techniques. If you are successful, that is all that counts. Quant, macro, whatever... as long as it works well. Here is a successful guy not named Warren Buffett - Jim Simons.

Triangles and other chart patterns can be coded and backtested, just like anything else. Bulkowski tested 899 ascending triangles, resulting in a 63% chance of a BO. His parameters were very general. So it is not a "sure thing." But... with proper risk management it could do OK. It is currently...

What do you think will happen if the Fed drops rates in July as expected by many? Lower rates generally help the market (and zombie companies), but it would also signal weakness. Iran is a wildcard. re: TA Obviously the market has been having trouble moving higher compared to last Sept., so...

re: OP's question My current favorite DoM is SierraChart, because it is so customizable. Chart studies can be applied to the DoM. I credit CALLumbus from ET here for the lead on SC.

Hi Mark: The Sierra Chart DoM and keyboard shortcuts (hot keys) are highly customizable. You can set it up for execution with TT through multiple brokers. I don't know much about Motive Wave, but SC has a much, much lighter CPU/RAM load than either TS or MC. I am an independent trader and not a...

A Financial Transaction Tax was part of the official Democratic Party platform for the last presidential election. Of course, they have gone even further Left with Socialist Bernie. https://www.bloomberg.com/news/articles/2019-03-05/senate-democrats-add-wall-street-levy-to-arsenal-of-tax-hikes...

Generally a good article IMO. I get what he means. He is a longer time frame trader - hence turning off his platform some days. It is not my style, but I get it. re: checklists See "The Checklist Manifesto: How to Get Things Right" (book) from a review: Already, a simple surgical checklist...

It is very subtle, but I can see a difference, even with my computer-straining eyes. P.S. I also prefer hollow candlesticks.

regarding China trade: "I am moving, therefore, to de-link human rights from the annual extension of Most Favored Nation trading status for China." --President Bill Clinton, announcing MFN status for China, White House, 5-26-94. Yet we punish other countries for human rights violations...

I remember in 2017 the Bloomberg falsely stated that Trump had sent Gen. to meet with Russians before the election. The market cratered. Then when the WSJ came out contradicting the Bloomberg fake news, the market rallied. It was one of the best days of my career! Likewise, the recent...

It is not illegal for our Congress to trade on inside information. It is illegal for us, but not them. Polls are not inside info on a company however.

Look away from time to time. Also, get blue blocker glasses and/or a low blue light monitor to protect your eyes. Seeing your work in your dreams is probably a good thing. :thumbsup:

I see the minimum number of trades per year went up. It used to be 500 per year. The tax regulations are so vague, it's a crap shoot. So one has to follow the tax court cases. Fortunately Green does that for us. I have used him for years.