Search results

Not that it matters, but I had the impression you were in your 20's.

That's a gem.

No problemo. Looks like you're doing well. Keep it up.

+1 Nice $500 day Kurt. Almost there.

Leave your performance expectations at the door. It seems like you fear losing A LOT. Trading involves losing OFTEN (at least for me it's around 50% of the time). Manage your risk and TRUST your rules. Try "expecting to win" when you take a trade instead of fearing a loss. Expect to win...

Yea it was a great day. I made about half of what you're head trader made. Still made a lot of mistakes. Trading is never as clean as I'd like it to be.

You're right. Had to stop by today and see how you're doing. I won't be doing much posting is what I meant. Just a bullshit comment here and there. I notice when I come on here and get into arguments, and people want to prove this or that, it's really just pointless for me to waste energy or...

Kurt good luck in trading my man. Size it up when you know what you're doing. This is my last post on ET. It's been fun.

Lol he got lucky! It's one trade...whether it works or not is irrelevant. I guess you're saying he's been lucky for 20+ years. Seriously. Charting is not predictive. Merely a way to trade. Easy to quantify risk/reward. Not sure what you use to gauge r/r. Now that the pattern is obvious to...

I guess this confirms that time really is money.

Picking bottoms is like putting your mouse on this guy's nose. http://www.selfcontrolfreak.com/slaan.html

At some point this QE shit has to stop. I've heard about some time before I was born, that the economy used to be allowed to go through it's cycles naturally. What happened?

It's got nothing to do with hindsight bias. They exist in real time. They only matter once they're confirmed...that's when the neckline breaks. http://peterlbrandt.com/charts-indicate-a-75-decline-in-the-u-s-stock-market-is-possible/ (read the date...this isn't something people just decided...

For the none believers....that say H&S patterns don't work when done by chartists that know what they're doing....I think you're wrong. Just a guess.

I was talking about Peter Brandt earlier. He's a great trader. Since I mentioned him earlier, I'll post a quick look at his most recent blog as of tonight. If it the pattern holds, then it could be huge for Surf and good fun us/me if the VXX can catch a serious bid over next few weeks/months...

I understand. I just read your blog bio. I now understand your need to quantify and test. To each his own. There are many ways to approach the market. I think I threw about 30 ideas at the wall for my automated systems and 3 stuck...but they only stuck after a lot of tweaking. 2 have been...

It's the upstream swim against our emotions. The best way to find out is to go live. Check out Lucias' journal. I think he [auto]traded sim, went live, and I think he's now negative. Nothing personal against him, but trading live is a lot different than a sim. When you're down on the day on...

1 - Charting is not about having a "predictive value". It's nothing more than a trading tool or another approach to understanding markets. You wouldn't (or at least you shouldn't) take a position in anticipation of a pattern completing. I don't know what wealth-lab is. 2 - No intended...

I'd say the head and shoulders formation that is currently in place but not yet confirmed was a pretty good tell.

After focusing on being early to the party for so long, sometimes I jump the gun and forget to wait for the chart to confirm my entry. I've gotten a ton better at being disciplined and waiting, but everyday until it becomes routine is tough. Rewiring the brain is tough, but well worth it.