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  1. M

    We've seen the bottom, up from here

    %% Holding stocks [ or ETFs]?? Something like that, but they hit my profit stops on UDOW,UPRO..... Fed day vol. I scaled out of my longs \losses sooner in year:D:D Actually I agree with Mickeys Headline =UP From Here: With Inverse ETFs. Bear markets are good for Up trending inverse...
  2. M

    Internship for a Trader Wannabe

    %% Good question; but Mr D online, you are right\ to think you are wrong, about ''most traders, just draw lines + place bets'' :D:DLOL\ IF ONLY it was that easy:caution::caution: [ I 'm certainly not against trend lines+ use them :caution::caution:] You politeness is commendable+ wise. Best...
  3. M

    We've seen the bottom, up from here

    %% Looks right\ SPY sure is holding the line,downtrending below 200dma line mostly + below 50day moving average line. The good news is plenty of inverse ETFs making good uptrend$ [profits off SPY,QQQ......downtrends]+ bear...
  4. M

    Need some advice

    %% Maybe a good idea; except on the occasional days [we see]with a >7.5% move.[USA]
  5. M

    Naederhoffer SUES the CME

    %% Good points\ not that trading is gambling =its not. [RISK business is not the same as gambling] Mr Goldblatt told jack Schwager, in his Top Trading Hedge Fund book, when he was 12 years old he could not figure out why '' all the gamblers were so stupid not to bet on that 99to 1 odds dog...
  6. M

    Need some advice

    %% OK, Oadmani,; actually i meant from yesterdays close to todays open price \allow for 50%loss in single stocks. Even though most gaps will profit/ help happen in direction of main [200day] trend. I seldom trade extended hours/mostly regular hours=8;30-3:00 central time in USA.:caution::caution:
  7. M

    Need some advice

    %% YES, i bought a Columbia bank stock about $5,years ago i thought it strange, later Fidelity offered to sell it for zero comissions/LOL. General Motors, Bear Stearns+ plenty of airlines..... have gone to\or near zero, but not on me/LOL:D:D.Make sure you have a figure or area planned for...
  8. M

    Need some advice

    %% Sorry about that. William O Neil Books are a wise read/stocks only. Good battle tested plan ;with max loss of 7-8% on single stocks. ME, i dont mind uptrend[above 200dma] drawdowns, for some of my ETFs. But single stocks can go down to zero/ you maybe be ok/fine with top quality 77...
  9. M

    Need some advice

    %% Generally speaking /looks OK; most drawdowns will exceed that for those gains perhaps. Me i like longs + longs a lot\ but not so much in a bear downtrending market[Trends below200 day SPY moving average] WHAT about inverse ETFs of SPY like SPXS, SPXU......\some bear markets last 2 -3...
  10. M

    What are you presently reading?

    %% THAT one is highly rated\ but not as high as his other Top Traders Books. I figure his ''Getting Started In Technical Analysis'' is his least helpful book ; but i still enjoy it + would recommend that for his one color...
  11. M

    My farming experiment

    %% MY mom loved lettuce+ bacon, lettuce + tomatoe on whole wheat. I do like homegrown tomatoes , dont really miss the bacon+ lettuce/LOL:D:D I, 12 gauge blasted a close squirrel nest , this week ,that stole some of my tomatoes last year. Horse, cow, chicken cr*p are all good fertilizer, make...
  12. M

    What trading method should I dive into?

    %% I dont think becoming skilled in trading is a poor choice; but it's among the rare ways to make millions, compared to investing + other business. [Source=Millionaire Mind book +40 years of observation] Personal-I think a trader/investors\market maker /specialist, are is just as...
  13. M

    What trading method should I dive into?

    %% Plenty\LOL:D:D........And plenty more \with leverage like ES. But since he asked in education section+ not derivatives section ; he may have a prayer. EVEN more so of a chance \if he trades some US dollars for trading/investing books. IBD newspaper+ Jack Schwager Top Trading Books may...
  14. M

    Do your own research

    %% Good rebuke+ good points. Dave [REALTOR]Ramsey never scolded anyone for debt /on real estates/home anyway. "Clueless about whole life??LOL'' Sounds like Mr Ramsey simply much prefers the better % gains of term insurance + mutual funds/ETFs:D:D I could see where some that dont have good...
  15. M

    What are investors buying that is perpetuating investments into the housing and rental markets?

    %% Exactly/ +I see more travel trailers, used as a home, where allowed.
  16. M

    What are investors buying that is perpetuating investments into the housing and rental markets?

    %% IN mid south, US, RE supply[ MLS listings....] has been real small/real small ; doesnt take Wall Street to up spike this 2021/2022 market / normal demand/normal buys do that.
  17. M

    Stop Loss on Big Drop

    %% ALWAYS assume the worst fill possible\ entry/exit; seldom disappointed that way. If occasional good fill happens =OK Or stay out of markets you cant or dont want that kind of worse fill +monthly top tail:caution:
  18. M

    What are investors buying that is perpetuating investments into the housing and rental markets?

    %% RE + stock markets/small business are among the best ways to prosper in US. Some combine them; farmers can do well with combines also. Radio said investors now make up about 29% of US RE market now =rentals, specs...
  19. M

    How does trading change your life?

    %% Barcharts on buildings\LOL\you must like barcharts?? I see mountains anywhere they appear+ enjoy watching the up + peak + downside\dowslide on any mountain .Prefer candlecharts myself; + feed redbirds+ sparrows...
  20. M

    Beginning of a bear market 2022?

    %% MOST likely\ that + more Monday.[NOT a prediction+ not insured @ any federal institution]:D:D
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