Search results

I was not adressing you, dear Padu. You know that, don't you...

Thanks, but I'm not really shopping for a method or a mentor at this point in time. As you're strongly endorsing Al Brooks and seem to be taking the role as a teacher yourself it would be nice with some transparency on your actual results from said method, but let's leave it at that, then.

I don't mind people losing money and wish everyone the best of success. Sadly, that's not going to happen. However, it's a cruel thing to be giving recommendations - either personally or recommending other people's services if you're not making money yourself from it. If so, you should rather...

I'd prefer it if people stay civil and treat each other with respect and am very much not up to speed on this thread, but I do seem to recall that Padu acted or spoke as if he was finally successful after 10 years of hard studies and credited Brooks for it. Then shortly after it's revealed...

Economic recovery not nearly done? Probably true for the real economy, but surely the broad stock market is now priced way higher than pre-covid.

You seem to miss a basic understanding of how markets operate and what (not why) causes prices to move up or down or stay in balance. Read this: price movement Basically, a market moves when there's not sufficient liquidity (limit orders) at a given price level to complete a given market...

Yeah. That's what happened.

Someone in this thread said we would not trade above 4450 in September. There's 5 trading days left of September and we already printed > 4450. The subject of news is interesting, too. For the last few years I've discarded news completely in my own trading except for being aware of news...

Rocked hard? This is news to me. What happened?

False advertisement I'm afraid. There firms have been thoroughly exposed on this forum through various threads. They call it a $150K account, but the maximum drawdown is $5K. Usually, there's a scaling plan, too. Meaning you can't start trading more than 3-5 contracts on your live account. So...

Thank you, but I would not exactly say that those firms actually fund traders. At best, they give you $5K of margin. Could be worthwhile for someone who's completely new to the business as an alternative to pure simulator trading. Or for someone who's so broke that they literally only have...

Which firms are these - may I ask?

I'm slowly reading through Options as a Strategic Investment by Lawrence G. McMillan. It's a bit dry, but I'm learning new things.

Yeah. It's a bit amusing. People should be fat on profits by now, but I've seen a lot of people being spooked by this minor drop in the big scheme of things.

By the time the crowd in this thread gets a confirmation on a trend reversal the market will probably reverse higher.

Great call. :cool:

Prior day's down smilar to this bottomed out at ~ 2% down. We're at 2.13 % now.

Covered @ 38.50 for a 46 point loss on one contract. Flat and watching. Ready to re-enter long if I get a signal. The short side feels a bit late to enter at this point.

Great R/R on a long here, IMO. Wrong below 39. As long as this base holds - I'm thinking we'll close above 60. If it doesn't - who knows how far we can drop.

Range bound session so far. If we take out the current HOD I'm looking at 87/90 for the HOD.