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I understand "where you're coming from"... which explains your view. I'd have said the same about ANY European socialist... so my comment wasn't actually "personal". Taxing the successful under the guise of "wealth redistribution" (which is completely IMMORAL) is not the "solution" to any problem.

HOGWASH! The one who earned the money gets to determine its fate. It's WRONG for the government to have "1st claim" on everything. The government has RAPED the successful citizenry every which way from Sunday all along the way. It should NOT be entitled to do so once again with the estate...

Nothing more WRONG than that!

You been living in a cave?

Actually it does... often, with the 50 and 200 day averages... which is why everyone should know where the market is relative to those two.

Yes, but you won't see any of it. Sure the government will take from those who "have", but will keep it and spend it supporting illegals to secure their voting base to assure perpetual power. What YOU will end up with is a higher cost of everything, especially food. :(

Someone posted today, "Nasdaq just closed under the 50 day moving average" and is therefore expecting downside acceleration. Alternatively, the downside break is small and not much different than having held the 50 day. In addition, today's action was a "tombstone doji at the 50 day". That...

I wouldn't say, "to the exclusion of derivatives"... after all, "market holding 50 day average or 200 day average" are price trades. But as to something like MACD, then no. Do you mean, "always trading/risking the same amount of money"? If that's your question, then no.

Yes, but just barely. Could also be a "tombstone doji". (indicative of possible bottom).

No. Recommend NOT "adjusting stops". Have your thinking done at the time of the trade.... that is, "risking ___ on this play, that's it".

It's less important as to "where" or "how" you place your stop. It IS important that you use them someplace. Wherever you do, it's still a "loss limiter" for trades that go against you. That is... "You can't survive long-term without stops. Exactly where you place them is an art and...

Here's the deal.... TAKE SENSIBLE STABS AT THE MARKET... Technically based one best. If you get it wrong, lose a little... not much harm. Get ready for the next play where you again try to "risk a little for the prospect of gaining a lot".

TOTAL HOGWASH... and you don't even understand why.

"Size" has to do with only "money management" and the psychology of the player.... stress, et al... all BS. Nothing to do with whether the play is good/correct or not. IOW... if the play "freaks you out", or you're hesitant... has nothing to do with the play... only your brain.

Options are a different (short term) game. Sellers are betting, "Issue won't move enough to be profitable within the contract". Buyers are betting "issue WILL move enough within the contract to justify the play". You can "stay" all you want. You have to pay for the "duration" you've chosen.

Yeah, "wide stop" works out until it doesn't.... when you get hurt BIG! IMV.... any trader who plays with a "wide stop" is a fool!! (That is, you don't KNOW it's correct to give the market a "wide birth"... and when you're wrong, it hurts a lot.. no reason to EVER take such risk!)

BULLSHIT! Right is right... regardless. Any excuse for other is wrong! What the HELL is wrong with you? I've always thought your posts to have reason behind them. Not this one.

ABSOLUTELY WRONG! If you care to survive/succeed you must always "risk a little for the potential of making a lot". That means, proper entries and tight stops.... not just "give the play with a wide stop and hope you get away with it". What if your play is ill-conceived and entirely wrong...

Totally disagree. Beginners should not even be playing the markets at all until they understand "price TA' and can reasonably trade with TIGHT stops. "Preservation of capital" is always #1.... and you can't do that without risk control and stop discipline. "Hope" ain't a strategy!

The "psychology of the stop" is arbitrary... that is "how comfortable am I risking "x" on this play"... which in itself is arbitrary... IOW, a guess. Some guesses are likely more correct than others, beyond just "good guesses".