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Thanks for the compliment. But I have my fair share of junk food posts that offset the quality ones. I try to "balance" it out. :) Most of my trading content is over on the ACD thread under technical analysis. The thread has been active for about 4 years now and I try to be a value add...

Welcome to the thread. I make 100's of trades a year. I only "post" trades that are unusual and significant and that people are not watching. Obviously you are not familiar with the ACD thread. I don't mind you posting here. But the etiquette we have established on this thread is to at...

What is showing up in X is that it's intra-day price action has changed it's behavior dramatically from the rest of the year. Trading is all about recognizing small, subtle and meaningful changes. Remember, obvious changes everyone notices. Also remember, the more rare something is, the more...

I'm reiterating my buy on US Steel (X). I think we are going to tag 21 by end of QTR and 24 to 25 by year end.

None of that is about teaching someone to trade. It's the same BS that brett steenbarger has put out for years and I really like the guy. That new age touchy feely stuff is not teaching guys how to trade, it's about everything else. I think there probably is some value out there for that...

I said they got rid of the performance objectives. I had no idea if the p&l numbers were changed or not although I originally believed they were. I went on to state "I" would not have them in which you attacked me saying that it would be absurd not to have p&l objectives. You then asked me...

Should there be loss objectives? LOL. I love this site. It's been then the Comedy Channel.

Volente has admitted he is a vendor and coaches students. I guess he sees TST as a threat. LOL. Hell his students probably asked him to do the combine and he refused. :D

While they do offering coaching services, the combine is a self study. And the the guys at TST are the only ones I have heard talk about how hard trading really is vs the other vendors. The combine is a journey you take a alone. So just to clarify, TST is not "teaching" you anything. The...

Don't lose sight of the forest through the trees. Level 2 hasn't been useful since 1999.

It for the most part is 100 delta if you account for the fact that one, my avg holding time might be weeks to a month. So the embedded put I'm long is simply being borrowed. In other words, when I go to sell the call, I'm also selling the embedded put at market prices. And two, if I'm right...

And sure enough in good old August fashion the ISEE goes from an extreme high to an extreme low, printing a 74 on the composite, one of the lowest readings in the last 12 months. In other words, It's August and the volumes are low enough to swing this thing all over the place.

Guys, the reason why we use a methodology like ACD to begin with is to avoid the interpretation of the news. Nobody here, myself included, has no idea how the market is going to react to news. The market went on a huge upside tear after the assassination of JFK. And it's not because the...

Come on man, if it were that easy none of us would be here. It's a "little" more complicated then that.

You can do a search on this thread to get a detailed explanation of it. The short version is, it's a unique indicator from the ISE exchange that measures trader sentiment by taking the number of calls purchased over the number of puts. These are open only transactions and only retail flow. No...

Wow. I saw the ISEE reading today and almost did a double take. We printed 161 on the composite reading. That's the highest reading of the year!!!!! Good lord. What are you guys doing. LOL. No one ever said War scared anyone in this country. I'm sure the volume totals are low today...

Must be doing something right. They are managing 6 billion. Want to get in the fund? They have a 50 million dollar minimum. LOL. Not to worry, most their investors are sovereign wealth funds.

"Taleb is now principal and senior scientific adviser at Universa" Read more: http://www.businessinsider.com/mark-spitznagel-2011-6#ixzz2dHXJOV00

Taleb partnered with Fitznagel who has been killing it the last 4 years. I don't know where guys think Taleb is bleeding to death. Taleb's fund was closed in 2002 or so. He partnered with Fitznagel a few years after or so. Fitznagel has produced some pretty impressive returns. Regardless...

Yeah that's just added fuel for the fire. It has been heavily shorted for a while now. Like I said, this has been one hated name for quite some time.