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  1. schizo

    Cocoa futures

    Man, that's a long wick. Looking pretty scary to me. This might be the cue that's it's finally reversing course. We'll find out shortly.
  2. schizo

    Why Is The Obvious Not So Obvious?

    Only thing obvious at the moment is that we're going in circle among ourselves. Why don't you be a little more specific. Tell us about your trade. What do you usually trade? Stocks, futures, options? What kind of trader are you? Day or swing trader? If you don't mind, post a chart of your very...
  3. schizo

    What's the Biggest Reason Why Traders Fail?

    Back in the 60s and 70s, they were drawing charts manually by hand. But then again, the volume was pretty insignificant by today's standard so they (or their hired hand) could probably do that while trading.
  4. schizo

    Why Aren’t There Options on the New Bitcoin ETFs Yet?

    Hold your pants, they're coming...
  5. schizo

    What's the Biggest Reason Why Traders Fail?

    No officer, I'm only trying to pimp my stocks to those who are dumber than me. Thanks god, you ain't on the west coast. Imagine standing in a phone booth at 6:30 in the morning trying to jerk everyone's chain. 87 BID!!! 87 1/4!! OH FU*K WAS THAT 89??!!! This is why I can't figure out how to...
  6. schizo

    ES Journal - 2023/2024

    I'm in a waiting mode to see what the others will be doing. The way the market was moving today, it looks like everyone else is doing the same. We'll likely trade flat until Friday when the PCE numbers come out. Until then, hunker down and wait.
  7. schizo

    ES Journal - 2023/2024

    Sorry, man, too much distractions. I ain't shorting this beast. Even if we do pull back, it will probably stall out at the dashed line (which coincides with 2022 ATH) and shoot right back up. As for the likely price target? Who knows, anything can happen, now that we've broken out above the...
  8. schizo

    What's the Biggest Reason Why Traders Fail?

    I do like it. :) That said, manipulation is part of the game. Without it, there wouldn't be a market. Everyone would all be on the same side. As such, they will try to shake you out as much as possible because they know you will never get out of your trade of your own will.
  9. schizo

    Is the crypto winter over?

    But, of all the fiat currencies to buy BTC, I would think the USD the largest. But again you still need to convert it back to fiat currency before you can go on your next vacation and what not, unless Bitcoin is widely accepted in public. But that hasn't happened yet (not on a global scale) and...
  10. schizo

    What's the Biggest Reason Why Traders Fail?

    Unless a failed breakout is itself part of your strategy/edge. :)
  11. schizo

    Is the crypto winter over?

    There's not enough gold to cover all the debt this country has.
  12. schizo

    Is the crypto winter over?

    But the fortunate thing is (or maybe it's unfortunate) that bitcoins are pegged to the dollar. So in the end, there's just no way of getting around the greenback. As I type, 1 BTC = 40056, but with manipulation of the dollar (thanks to infinite QEs) that could be 1 BTC = 20056. My point is that...
  13. schizo

    Is the crypto winter over?

    Yeah, but Soros was betting against the BOE. But, in this case, if BlackRock is working for Uncle Sam, why would they ever run out of money? You know, just turn the damn printer on. (Note: it's all speculation so no need to get all worked up) Also, it's more about psychology than anything else...
  14. schizo

    What's the Biggest Reason Why Traders Fail?

    Well, Goldman Sachs isn't run by a bunch of ignoramuses either (not that I'm calling you one). By your own admission, you seem to know nothing about trading (neither fundamental nor technical) other than trading by the seat of your pants. And, again by your own admission, you're wildly...
  15. schizo

    What's the Biggest Reason Why Traders Fail?

    First of all, I completely agree with this assessment. Well, you don't post any trades. You don't share any trading ideas. All you write are the same useless things. How am I to believe that you're not a hoax? So here's the deal. Why don't you get your ass over to ES JOURNAL and post your...
  16. schizo

    Is the crypto winter over?

    Here's a little conspiracy theory I've been mauling over lately: Suppose BlackRock is in cahoots with the US government. As you know, BlackRock is the world's largest asset management and they can effectively move the market at will. Isn't that exactly what Uncle Sam needs in order to keep the...
  17. schizo

    So many robots!

    I can understand search portals like Google or Bing scraping contents here, but do you really need like 10 bots to do that? Why are there so many of them? Moreover, what's Baidu doing here? All their contents are in Chinese. By Chinese law, they can't show any english contents anyway (I already...
  18. schizo

    What's the Biggest Reason Why Traders Fail?

    But how is that even possible without experience, knowledge, and above all, discipline? Somebody could have handed you an edge without telling you, and you would have simply ignored it as a rubbish. In fact, that happens a lot on this board.
  19. schizo

    What's the Biggest Reason Why Traders Fail?

    Obviously, SimpleMeLike is either a poser o_O or he really is a simpleton :confused:. In either case, he sure knows how to tell a good story: From rags to riches, I'm a overnight success. To be like me, all you need to do is clicky-ty, clicky-ty, click! (If fact, you don't need to know NOTHING.)
  20. schizo

    Is the crypto winter over?

    I too thought we would reverse at 42K but I guess the whales want this at lower price. They're basically testing all you hoarders. :) BTC is trading at 39700 as I type, so I can take comfort in knowing my short is in the money. My downside target, if correct, is 36K. That's where we were just...
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