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  1. M

    The ACD Method

    Still love USD/JPY. Trying to confirm a monthly A up here. EUR/CAD bouncing nicely off that monthly A down. Yeah cable is cracking. That confirmed on my number line some time back as I mentioned previously. AUD also cracking. The Yen complex is by far the most interesting right now...
  2. M

    Rbob Etf

    Why not use the 1X?
  3. M

    Rbob Etf

    No man, look, these are the worst sectors for this kind of an ETF. I don't know what you are looking for but you would hate trading the 3x rbob. The roll would decimate it and the etf would not be shortable. The movements would NOT match the futures contracts and the liquidity would be beyond...
  4. M

    Rbob Etf

    Utter disaster that would be. I can't think of a worse ETF for a 3X. UGA is the 1X and even that one has been problematic.
  5. M

    TOS assignment fee

    Huh? Whipsaw? Just use a market on close order and you will get the same price as you would for assignment. You understand that right?
  6. M

    TOS assignment fee

    Then close the position. If the assignment fee is less then the total commission, then take the assignment fee. If not, close it out yourself. Not that difficult.
  7. M

    Conservative Mind Set & Conspiracy Theories

    Wait a minute? Why did you respond to my post and not even reference what was in it? My link had nothing to do with Fox News, it was a Forbes article and the map they posted was not theirs. Can you at least have the courtesy to respond to the facts when they are presented before you instead...
  8. M

    The ACD Method

    157.84 and 161.68 It bounced 9 times off the QTR A down at 159.30!
  9. M

    Conservative Mind Set & Conspiracy Theories

    How about using this map as a guide? http://www.forbes.com/special-report/2013/what-will-obamacare-cost-you-map.html
  10. M

    Conservative Mind Set & Conspiracy Theories

    +1 The issue from day one was cost. The reason anyone in this country who wanted healthcare but couldn't get it was due to either cost or the pre-existing which also had to deal with cost indirectly. Obamacare raises costs across the board. It disguises the cost for the people who qualify...
  11. M

    College student who wants to trade professionally

    You have the OP some great advice. I hope he takes it.
  12. M

    The ACD Method

    Nope. No longer live in the Chicago area. I did the meetings for 8 years so I think I covered just about everything. :)
  13. M

    Movie: The Wolf of Wall Street

    "Rogue Trader" Great movie, true story. "Too Big to Fail" Great movie, true story.
  14. M

    The ACD Method

    Try to refrain from "having your own" ideas. LOL. I know that sounds funny. But the problem is once you impose your "ideas" on top of ACD the trade becomes more about your idea and less then about ACD. Now don't get me wrong, you can have ideas and trade those ideas, just be careful with how...
  15. M

    The ACD Method

    OK, so I use OCT for the beginning of the QTR following the typical business calendar year. I had a perfect QTR failed A up to the tick in the Euro and guess where it traded down to? You don't have to guess, you know. It traded down to the QTR A down. Now on my numbers we have a confirmed...
  16. M

    The ACD Method

    I think you have to do what feels comfortable for you. It might get away from the core principles of ACD but what you are doing might work better for you. Nothing wrong with making it your own.
  17. M

    Stock Market Warning: Margin Debt Hits Record-High $401 Billion

    Yes, but you have to isolate the margin that is relevant. Someone who has been holding AAPL for 10 years vs someone holding it for 10 minutes. If you reduce the population size to only those who are acting and reacting in the very short term, it's going to lean to the short side all other...
  18. M

    Stock Market Warning: Margin Debt Hits Record-High $401 Billion

    Dude, your short interest link showed the current numbers at the lows the last two years. Do you know how to read these reports? And a little fyi, most margin that is utilized IS actually on the short side. Remember, you HAVE to use margin to short, can't be done in a cash account. Long...
  19. M

    Stock Market Warning: Margin Debt Hits Record-High $401 Billion

    What makes you think that margin debt is on the long side? It could be short or neutral.
  20. M

    Meet The Teen Traders Trying To Take Over The Finance World

    These kids remind me of ET. Everyone wants to run a hedge fund, even at age 12. Jesus man, what's going on in this world. I've always suspected there is a rather large contingent of really young people on ET. I think this article reaffirms that. Amazing how many times PTJ came up as an...
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