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I agree with you about a low. I have a quarterly balance level pivot sitting at 37226. I suspect next week it will continue going lower. This market loves to rotate from it's balance levels. If I'm wrong I'll take my losses with a smile. :)

Bullish bias never last forever. YM has been terribly weak this whole week. But especially today. (15 minute chart)

I've tried to read his books, but his style of 8 pages of verbose with 1 chart of demonstration didn't resonate with me.

He is still teaching. https://www.ireallytrade.com/futurescommodities

I was not aware of that. I just Googled her and read her exploits. 16 Emmy awards is impressive.

Larry always seems to get ridiculed and the butt of a lot of jokes. And yet, his extensive work on long range days is still as prevalent today as it was when he first profiled the method. Read chapter 3 in his book "Long Term Secrets to Short Term Trading". Name of the chapter is titled "The...

Depends on what type of analysis. If we base our analysis on price action, patterns and price levels it leads to a bottomless pit of no statistical edge. Price is just digits on a chart moved back and forth by the volume of transactions. Price has no power to move anything. And yet, price is...

I appreciate you taking the time to explain that trading/investing is a business. In any profession smart people who are economically astute usually capitalize on their past performance.

There is an indicator that does not lag behind price..TIME

The answer is an unequivocal YES. Because GREED leads to irrational decisions. Most of us flock to what we believe can make money in a short period of time, and possibly make better money vs slave labor 40 to 60 hours a week. I've yet to meet a man or woman who would not prefer working for...

I think most of those investors are 401k. I also agree with you, that the majority of traders will probably lose more than mom & pop relying on their 401k.

The Global growth of retail investors/traders that continues to increase exponentially does not stop new trader margin calls. The base is growing, but that does not mean their bank account is growing. MARKETING the naive to this game is the culprit.

Dow index runs at specific times on a program. (Especially every Monday) On certain times ES and NQ follow the Dow. People would do more if they learned more. It takes more than just looking at screens.

Oh good grief, who could survive if a market goes down 68%, REALLY? Capital requirements would be too much to bear. (excuse the pun) IF said trader is following any decent market analysis he or she would have been out before the collapse. This perma bull mentality is definitely only fit for...

George: Hey Bob, you are not a trader because you can't determine the top or bottom of a Market! Bob: My risk is based upon time and not price levels. George: It's my way, or no way!

The answer to your query can be found in this book.

Perceived value is really just a subjectively derived idea. But people make a lot of money on what others subjectively assume is true. Take religion as an example. Billions of dollars are collected in Churches because people have been led to believe certain dogma. I’ve yet to meet anyone who...

Also the big farmers use it for hedging against major price moves.

Technical Analysis. Are you drinking today?