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It clearly dipped below 4510, so you are in effect holding a short position, and I'm pretty damn sure your short will get taken out by the time market opens, at which time it will likely take another nosedive again to shake out weak hands like you. But since you have no skin in the game, it...

Circa 2008 post-Lehman.

Here's a heady stuff to mull over. It could just be another useless psychobabble for some or Ram Dassian enlightenment for others. I'll leave that to your imagination. The following quote is from M.S. Jenkins' The Geometry of Stock Market Profits (1996): The initial thrust in the stock market...

Ohhh, you might be on to something.

“Every morning in Africa a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must run faster than the slowest gazelle or it will starve to death. It doesn’t matter whether you are a lion or a gazelle. When the sun...

Hmm... Can this this true? I guess it largely depends on what time frame (or number of ranges or ticks if rangebar or tick chart) you're looking at. Now 50% retracement is something to keep your eyes on. I will say most of these chart patterns and how they're explained in TA 101 books are quite...

I want to get rid of most of these books that I have. But some do contain nuggets of gold so I plan to just post them here for everyone's benefit.

This is a pretty comprehensive list of Don'ts (not mine, of course). Which one can you relate to? (Not sure I need to include the source, but all credit goes to The Subtle Trap of Trading: Why So Many Smart People Don't Make Money Trading, and How to Get on the Right Track on Less than Two...

"The mark of the immature man is that he wants to die nobly for a cause, while the mark of the mature man is that he wants to live humbly for one." — The Catcher in the Rye

That's why you need to train your eyes as if were a sniper, quietly waiting in the corner, for days on end if necessary, for your prey to show up.

I'm in the process of cleaning out my library of dusty trading books. So I'll be outlining here some tidbits of wisdom that I find inspiring. For instance, spotting a trend continuation early can be very lucrative. More so than spotting a reversal. Did you know trading is more about market...

I'm not sure about today's rally, so I took a small short position at 37755 earlier. BTW SL is just above 38100 and PT at 36800

Well, if you only care about vertical and horizontal spreads like iron condor and calendar. But everyone wants to know the exotics, things that no textbook covers. In another word, they're looking for the holy sizzling grill (sic, but you knew that was coming).

Oh? That's a pleasant surprise. :)

Learn??? LOL Listen, wasn't it you who brought this unto yourself by trying to measure your dick against Al Brooks? You need to grow a dick, seriously. The way you presented yourself as just another sim trader is pretty laughable. I'll let you have the last word, but keep it short.

No, I'm done with you and your woulda, shoulda, coulda. But keep the entertainment going for others' sake.

I deleted the post because I misread #1, where you stated 4427. I've mistakenly read that as 4527.

Now you are clearly backpedalling from your ealier assertion that your system was superior to Al Brooks. Even though I was dubious when you posted your "made up" trading results (not a broker statement or real trades) to compare yourself to @Rams Fan, I wanted to give you the benefit of doubt...

What do you mean you "would have" or "would be"? Are you playing with us? :rolleyes: I can only say my suspicion was correct all along. You are a pretender. "Woulda, shoulda, coulda" don't apply to legit traders.

Got stopped out on the earlier trade and have just reentered short at 151.37. SL 151.73