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  1. M

    Develop Your Edge

    %% Let the profits run= good edge.......
  2. M

    NQ Most Overbought

    %% Most likely + QQQ went from$50 area to $120 area, in less than 52 weeks.[1999] QQQ + TQQQ had a good red down month in MAY. But PSAR[parabolic] is still a early buy on monthly charts. Could call it extended on weekly charts; TQQQ/qld/qqq are still cheap on monthly charts. SQQQ did have...
  3. M

    Low intelligence and “low effort thinking” are strongly linked to right-wing attitudes

    %% Good points; that will teach or preach.:caution::caution: I like Bill Gates/MSFT, but he is prejudiced against NRA + second amendment. Would consider Bill Gates above average intelligence even though he quit Harvard/LOL .One problem is now ,many in the media call most anyone that disagrees...
  4. M

    Anybody interested in NQ futures road-map?

    %% Good call; with main trend right , its still profitable even after a 2 day pullback. NOT a prediction/simply probabilities.......................................................................THUR, 15 minutes till QQQ/CST close
  5. M

    1 Trade a Day or 100+ Trades a Day?

    %% Good shots sniper [aka the sniper]. Actually, say someone is invested in QQQ long term .... aboVe 200 day moving average; not so hard to trade some of it. ESpecially if you have many charts of qqq, including when QQQ was priced @ $30 area. Ditto for QLD. Some shoot bench rest real accurate...
  6. M

    What's your Favorite chart pattern?

    %% Minor gap up continuation is good. FEB or MAR big gap up continuation, scale in . Happy 4th/5th of JULY/NYSE closed.:caution::caution::caution::caution:,:caution:
  7. M

    Second Former Deutsche Bank Commodities Trader Sentenced to Prison for Fraud Scheme

    %% BIG difference as to intent to defraud, +'' time, prices ,quantities....'' And not every HFT is a market maker. He my have also ''banged the close'' [ITS just a guess but FBI was most likely watching DB closely anyway, i know the FED was:D:D
  8. M

    discussion: 'breakouts offer risk beyond what makes sense, corrections offer too many retail losses'

    %% Exactly, it can get very complicated . Even as good as State Farm is as figuring risk; they simply left FLA property + casualty business years ago\too much storm risk. Insurance contracts are fun to read, even if i dont understand all the lawyer language. 10 or 20 year charts help with...
  9. M

    Trading out of Roth IRA while young

    %% The FEDS passed a law [ virus related] no penalty for taking money out of an IRA\not that i would get my tax advice off the internet. Certain limitation apply. LOL I also think Dave is right on, only ROTH earnings are taxed . Giving , like 10% 20%.... can be a real help. DONT have to give...
  10. M

    Trading out of Roth IRA while young

    %% Plenty of ways to reach your goals; get some part time income/part time business........ A good CPA will answer a question over the phone. I never did borrow off my IRA/roth because i've done enough stupid stuff.LOL:D:D:D:D:D:D:D
  11. M

    How to know if you can make a living by trading(Personal level)

    %% COULD be. But trying to change male speech patterns/LOL?? WITH written words, easy to edit\change. Thanks
  12. M

    discussion: 'breakouts offer risk beyond what makes sense, corrections offer too many retail losses'

    %% SOME of my ETFs drawdown big/typical big trends; some don't drawdown much partly because of inverse ETFs , but price ladder works well/very well . Some use a hedge like insurance +some insurance companies have more money than banks. State FARM [#1 in auto insurance] had a huge number of...
  13. M

    discussion: 'breakouts offer risk beyond what makes sense, corrections offer too many retail losses'

    %% I see your points, including but not limited to ''new highs '' ; some do both. Having said that i would prefer an uptrend hitting new highs as much as possible .And sometimes a very good trend will not pullback much. Un-fllled limit orders can be evidence of that. But tha't's life. QQQ has...
  14. M

    How to know if you can make a living by trading(Personal level)

    %% Good points; but good thing he posted an Asian sentence under that. So its sounded like he meant no dis -respect. IF we had to chose between excellence on P&L+ English; easy choice. [I did an edit on your word ''speaking '' word/no disrespect intended.................................
  15. M

    Why so serious ? #3

    Same fraud pattern .Polar bear cub,moans with great emotion , producer kept cub apart form its polar bear mom. Cause = climate change.:caution::caution::caution:,:caution::caution::caution::caution::caution:
  16. M

    DBGI sec filings. please explain to me... Im so confused

    %% Good volume on that. BUT price moves weekly from $4 to$8 area. WALL street is having problems with a fair price. REALLY, there is so little price data on that IPO; most likely big swings in weekly closes. YTD % = +60.47%, so most trends are up, cash...
  17. M

    What is your favorite magazine cover with the exception of the famous Business Week cover?

    %% LOL. Going a different way/TECH Analysis of Socks & CO..... magazine cover . NQ rocket bull rider going to the moon, 2019 or 2020. Good pic of a black bear on MAY,2021, NRA calender.:D:D:D:D:DMaybe thy read NEWSWEEK/LOL. Strangely QQQ was down in MAY,2021
  18. M

    Organizing your Trading Desktop, If you look at Many Different Products and use Charts, Then How Do

    %% Trade Spiral Notebook helps. For monthly charts, yes i use them; no need to keep those monthly charts on screen..................................................................................
  19. M

    Newbee question. Please explain me the risks of the following strategy involving index futures.

    %% Sorry i burst your bubble ; you think anything is risk free??. OK, learn it the hard way......................................
  20. M

    Peter Thiel: I saved 5 B in my retirement account, tax free

    %% AS if you get to call all the shots/ + control all .LOL:D:D:D:D:D:D
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