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  1. speedo

    Put these charts on your wall for reference the next time you think… Something is “oversold”

    If you find that your observations are not working with respect to PA, then you are simply not there yet. Unless you can see the future, all pertinent data is lagging but if PA doesn't have to replicate but just rhyme to formulate a trade plan with positive expectancy...it takes the time it...
  2. speedo

    Put these charts on your wall for reference the next time you think… Something is “oversold”

    That's something you have to discover for yourself. I use price action primarily and an oscillator to filter entries but not for entry signals.
  3. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    I don't concern myself with the conscience of the fraudster. If I were taken then so be it. I made the choice and I learn from it or I don't.
  4. speedo

    Put these charts on your wall for reference the next time you think… Something is “oversold”

    Yep "Oversold", "Overbought" are fools gold. The strongest trends stay pinned in OS/OB territory and last as long as they last.
  5. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    I agree with the first but the the idea that by teaching someone one's method is dilutitive to one's own income is bogus. I've taught people to trade (not for profit and no longer interested in doing so but am happy to help those with good intentions) and ones who ultimately became profitable...
  6. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    I agree, I've spent money on some decent educational resources...chat rooms, seminars, books etc. which did have some good ideas and strategies. The problem for the novice is they not only don't know what realistic material is but don't know what is or is not suitable for THEM, hence the maze.
  7. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    Gold plated Bugatti? That has to be real :D
  8. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    I believe most of us have spent time in the maze, bumping against walls and years is more common than uncommon but angst toward "them" is a waste of psychic energy. Good trading requires optimism, humility and focus. Feelings of revenge and hatred are the wrong kinds of energy. I know I've...
  9. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    Until and unless an individual takes responsibility for ones own success or failure, said success will be very illusive. If you've been taken, learn from it, dust yourself off and move forward.
  10. speedo

    Do trading education scammers (99.99% of the "industry") ever feel guilty?

    It's a lot easier to teach than to trade, but that doesn't mean all teaching vendors have nothing to offer. The first filter should be to eliminate any showing wads of cash, Italian sports cars, hot babes in bikinis...especially while standing outside a 10,000 sq ft house. So far as conscience...
  11. speedo

    ES Journal - 2017/2018

    Volume is anemic today...holiday mode.
  12. speedo

    Houston floods

    Humpy is a fool not worth bothering with.
  13. speedo

    How are chart patterns like flags formed?

    ....not even sure what he said.
  14. speedo

    In Search of God!

    "From a certain point onward there is no longer any turning back. That is the point that must be reached." - Franz Kafka
  15. speedo

    Houston floods

    I glanced through your comment too quickly earlier...was reading as other urban areas were able to handle this kind of thing. You're right, it doesn't take a biblical flood to cause a lot of problems with concrete and asphalt sprawl.
  16. speedo

    Houston floods

    What other urban area had 50 inches of rain in 48 hours? I missed that but as this is now called an 800 year event, I wasn't born yet for the last one.
  17. speedo

    Houston floods

    I meant Pt Aransas to the West not Pt Arthur.
  18. speedo

    Houston floods

    There probably were not enough Coast Guard helicopters in the US to watch over all the chaos. This woman drowned in Beaumont which is 90 miles East of Houston. She might have drowned in Pt Arthur which is 90 miles West or in Huntsville which is 50 miles North or in Galveston which is 50 miles...
  19. speedo

    Houston floods

    Are these people waiting for food?...water?...shelter? No, they are in line to volunteer.
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