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People get burnt out, or get sick of losing money, and they move on in life. I've seen it numerous times.... it's hard to move on from trading. When someone has been emotionally invested in trading and needs to quit, the only way forward is to go cold turkey. Hence why so many once-active...

You were once a TA evangelist? Just imagine, if your timelines weren't misaligned you might have teamed up with Nodoji. :)

Most people still don't realize that the big money in daytrading was made in ways that have basically nothing in common with what has always been marketed to the retail trader. It's very eye-opening to talk to guys who were successful back then. These guys were definitely not making bank...

Take a look at the soy complex before you book that cruise. :)

What is 110? Yearly A up?

I think gambling may provide a useful analogy in that an obvious consensus bet will have a lousy payoff. The big payoffs come from things no one saw coming. It seems that most of the time the markets operate in a similar way hence Mav's constant urging to trade things no one is talking about...

I think some of this sentiment may go back to Mav's days at Worldco. He talks about it once in a while. If I recall, the story goes that he made a nice living trading stocks that no one ever heard of while the guys who came in trading the high-flyers and household names all washed out. My...

I don't think a good 30day could be done on TOS. The intraday data only goes back 20 days. It could still probably be done but you could only score the +/-2's. I'm still doing NL's the old school way. It is a chore at times especially given how many currency crosses I track but I still...

It seems all these Ponzi guys believe their own hype. They think they'll be able to make money eventually and when they do, then they will square everything up behind the scenes and no one will be the wiser. Like the old saying goes, tell a lie enough times and you may actually start to...

Yeah, it's the nature of random walks to have their start point end up as the high/low more often than you would expect. I wish I could find it now but there was a blog that talked about this and showed some data similar to yours.

Anyone tracking Cocoa? Another one from the "not obvious" file here. Hasn't been confirmed in over 6 months. The chart looks like crap but NL is saying otherwise.

I think I mentioned some of the grains confirming but damn just look at Oats. Confirmed earlier this month for the first time in a LONG time, quickly made a Qtr A up... what a pop!

Ah, I remember you mentioning that idea back in the winter. It's something I've been working on but haven't been happy with any results of it yet. Sometimes it gives a better read than the standard scoring, but other times it gives a worse read. I'm wondering... are you using the total volume...

Just had to comment since I just started tracking NG recently. Are you talking about derivative NL's confirming, or the traditional 30 day raw score? My 30 day was flat on March 4.

Good on the CFTC and hopefully a sign of things to come. The internet is flooded with similar con games and the regulators seem to finally be cracking down. A lot of this has come about due to the tradingschools.org blog which has really cast a light on this fraud by virtue of collecting all...

I've had the dollar confirmed positive against most of the majors for a bit now, file this in the "not obvious" category. Showing some signs of life today. The opposite holds true for gold and silver, which are breaking down today. Also Corn confirmed last month and has been showing strength...

Reading further I see his work history includes grounds worker at a golf course, front desk help at a gym, and a run of unemployment. Also has a past criminal record. But wow... clearing 60k a month for the first 5 months of 2016. Made well over 2 million since 2011. Shit.... no wonder the...

Gotta give it you, that was hilarious... LOL!

I don't do fades but anyone think dollar-swissy looks interesting? It jumped out at me last week. Failed Qtr Adown last month, failed monthly Adown earlier this month, NL confirmed...

Just making sure I understand what you're saying. Is the number line score an example of a first order effect? And something like the 5-day change a second order effect?