Search results

  1. M

    ADX vs RSI

    %% The difference is both dont work well in good trends..........................................
  2. M

    Everyone is so smart now no one tries to pick a top

    %% NOT a crash but UDOW lost50% in one week /LOL THEY split it but traders did not like that much.:caution::caution::caution::caution::caution::caution:,:caution::caution: Gasoline is going down a bit also where i live. I like XOM+ MRO gas but they are too hi priced, this week\ the smaller oil...
  3. M

    Recency Bias...or...Will Central Banks Support Markets Indefinitely? (been reading Chris Cole)

    %% PARTLY true; bear moves/bear markets have been shorter. EXCEPT 2000/2001/2002 \LOL so even that pattern /subject to change; + capital markets are not a house of cards @ all. BUT he seems to be right about some value ETFs now...
  4. M

    Will the nasdaq fail at the 50 dma ?

    %% TQQQ most likely will dip below 50dma before QQQ. But since summer rally tends to weakest in QQQ, SPXL\ i NEVER bet on markets but making a good probability position on SPXS related going up + if SPXL goes up by aug 31 /ok by...
  5. M

    Advice on how to make 5%/month on $1 million

    %% ALMOST ALWAYS; except SPY/ NEVER has gone to zero. ALMOST as bad but not quite\I remember when spy hit another new HI about $150or so+ then went into a huge drawDoWn for many years/not to be confused as a loss\ unless you jumped off that roller...
  6. M

    Advice on how to make 5%/month on $1 million

    %% Exactly; except my banker dad said if you pay peanuts /you get monkeys/LOL:D:D:D:D:D:D,:caution::caution::caution: 1% a year almost never happens without DD. REALLY\ i doubt if any number of moneys could make a good return for 12 months. MOST gamblers do lie+ WSJ has good charts, but they...
  7. M

    Advice on how to make 5%/month on $1 million

    %% I understood him real well\mostly; actually he does need to withdraw 5% eVery month with his plan. LOL\ cant have a bad month/LOL\that'$ why used an aVerage. WE used an average because NOBODY has ever got 5%@ month for 10 years or 80% annual for 10 years. Paul Tudor jones beat that; but...
  8. M

    Advice on how to make 5%/month on $1 million

    %% 5% or 7% per month can be done/SPXL/tqqq has done that plenty; but the BIG probleM is SPXL/tqqq has never been that good for 3 years/5 years/10 years........ And even SPXL % since inception is good but they managed to start it almost @ end of 2008 bear. Rule of 72 may help you, work 6 days a...
  9. M

    Will the nasdaq fail at the 50 dma ?

    %% MOST likely a big 50dma failure\QQQ; in SEPT maybe. SPY most likely will go below\go below 50dma , JUN, JUL,aug,, SEPT/did that in 2019,2020.................................................................... QQQ tends to do better in summer
  10. M

    What would a good ETF/fund be to balance TQQQ?

    %% LOL market makers profit on tqqq/profit; turned out right on this year/\ espcially if profit targets were aiming for for more than market makers profit. QLD pays a dividend, most likely not as good as market makers yearly profit
  11. M

    Would you stick to your trade even when a loss seems imminent?

    %% LOL\ i checked the timing of his post.QQQ + QLD had a much more than average roller coaster week=JAN 16-22-2021 week. DONT know exactly what he he did so i'll guess. BUY monday tends to be a good short or inverse profit day. BUT that usual down monday/instead gapped up more than normal...
  12. M

    Would you stick to your trade even when a loss seems imminent?

    %% GOOD; especially since a battle tested plan tends to be much better than instant or shallow trade moves...................................................................................Wisdom is profitable to direct.
  13. M

    Can Traders Get A Loan or Mortgage

    %% Local, community banks can be much/ much more flexible than any big bank........................................................................................Most may prefer several years tax returns + remember banks make money off loans, so again its a hint on your risk. Paying cash for...
  14. M

    QQQ is far superior to SPY

    %% SCHW says its 53.7% since inception..............................................
  15. M

    After hours trading

    %% NO, not exactly. Done that sometimes, no need to be an investment bank or trade then usually or premarket usually.......................................................................................... Last time i checked premarket bids/asks were not hi enough.
  16. M

    Criminal organization Deutsche Bank (frauds in Libor, FX, all large markets) demands "green energy".

    %% Since a bout 2008 we see a lack a backbone in many banks; no wonder they changed the 3C s; character, collateral + capicity to pay. C[citibank] now ,pretending that guns are the problem, comes against hi capicty magazines[Source Citibank citybog\citibank blog] The good news is that...
  17. M

    Australia’s property boom making the nation poorer

    %% That, exactly; except chicoms chose to export, let chicoms fly out, while locking them down in China \ because it came out of a bioweapons lab+ the bigger that data base , the better., for bio weapons. DR fake Faccoi said @ first it would be no problem, mostly right; unless [1]...
  18. M

    Australia’s property boom making the nation poorer

    %% Most likely because we dont make/model public policy off what chicoms do. Good import Chinese ringneck pheasant .And for the same reason[ more taxes ] tariffs are not a good idea on Canadian lumber; drives lumber prices up too much.
  19. M

    TQQQ...

    %% NOT to good to be true; some times QQQ outperforms + QLD outperforms/depending......................................................................................... Actually since QQQ drewdown from $120 to less than $20 its more than 70% [more than 84.8% +/]for QQQ. TQQQ inception 2010\...
  20. M

    Why do moving averages SUCK so much?

    %% Good points; except a PSAR[paraboilic stop and reverse] could substitute for moving averages. BUT it tends to lag more/ so may not be suitable for all investors. On the monkey pattern,TX teacher said he finally got rid his monkey, never would groW out of monkey...
Back
Top