Search results

Well, I guess you could flip the question and ask "Do you know how much investors lost or gave back their profit in 2022"? These kind of questions are asked only by the noobs who are married to their stocks. Pros would have made money in both 2022 and 2023 by going long and short. But what do I...

I'm an old school geezer who'll probably retire in the next 10 years. I wouldn't know how to get loose with these fine and sexy ladies. But as for you, do you think you'll still be around in the next 30 years? Trust me, it ain't gonna be easy, especially now that everything will be upgraded to...

Maybe you should concentrate your effort more on risk than on reward. You see, it's easy to quantify rewards but not so easy with risks.

Not yet, but I'm slowly positioning myself for it. I'm having too much fun with JPY at the moment. I'll let you know when I'm ready. Anyway, I don't see why ETF approval is taking so long. This country has too much damn bureaucracy.

No, it didn't look bad in the morning even though it sold eventually off. But the good thing is that ES closed with the long-legged doji (long wick and long tail), so we could be seeing a bounce come Monday.

Trading might indeed be easy, but I just don't trust those who say it is.

Sorry if I came off as rude. But all P&D gurus make trading sound so easy. You know like, "Oh, making money is super easy. Just trust me on this one and follow my lead." Anyway, I've been trading for over 30 years. When I hear someone saying trading is easy, I usually tell others to run for the...

Well, the tail indicates that buyers obviously thought it was a bargain and scooped it right back up. But to see that happening twice on the same day is pretty remarkable IMO.

You're right. But, upwards or not, it's still a channel and it will likely chop around until there's a definitive breakout.

Well, for those who trade pure technical like myself, be mindful that we're in a rangebound market. So it's wise to just play ping-pong until it breaks out one way or the other IMO.

Something doesn't look right here. Big push down (1), followed by 2 long tails (2) (3) in the same session, spells weakness and doesn't bode well IMO. Also you normally wouldn't see fat fingers unloading ahead of big announcement if they thought it was bullish, which is the prevailing view...

My gawd, you sound just like a pump-and-dump guru: "It's easy. I pull money right off the tree branches every day." I wouldn't be surprised if I see a book from you one of these days (from the same man who professes that he hates all books).

Unless you've traded ES for the last 20 years.

Those thugs again? :rolleyes: BTW What did Trump called that fatso? Oh, yeah.

It is sometimes difficult to distinguish the degree to which skill and luck play in trader's performance. Trading is often compared to gambling and most often to poker, and for good reason. There is no doubt that chance, or the cards drawn, plays a role in poker outcomes. Recent research also...

Thanks for the mention, but there's no need to listen to me. All I'm suggesting is that if you're a programmer, take the time to learn how to trade yourself instead of merely relying on AI to do all the learning for you (or in the case of this thread, the OP is relying on other traders'...

Well, I hope you're right. I also thought we were due for a bounce last night and believed we would go up today. But it was not to be.

Not that the past is a good indicator of the future but doesn't the two look similar?

Except we just made a new low, so it remains to be seen IMO.