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  1. MacBookProHo

    That was a perfect inverse h&s today good for 30 ES points easy

    6 Holy Grails? There can only be one....hOLY, Grail, What are your definitions of Holy Grails in trading, As far as I'm concerned... being able to trade, understand, predict, know the S&P on a daily scale time frame, day in/day out, is the Holy Grail of trading. Specially with the use of...
  2. MacBookProHo

    free in thread mentorship

    There's absolutely nothing with choosing to be high reward/high risk. But make sure you understand the game, the trade, the deal, and have reasonable expectations and edge...don't just roll the dice with each new trade. Make sure your average win % size, is typically greater than your average %...
  3. MacBookProHo

    free in thread mentorship

    That's not trading...making 70% in two weeks, then blowing up your account. That's just gambling, being lucky and fortunate to be in the right moment, in the right time....thinking you're a market genius whiz who's on to become a big time millionaire very soon. No offense, but your types and...
  4. MacBookProHo

    free in thread mentorship

    You should honestly start social media channels of your trading self. Call yourself an expert, while looking at past, hindsight, charts...telling people to buy at this magical point and sell at this magical point to become millionaires. Some say the best way to learn, is to teach.
  5. MacBookProHo

    Trading psychology by Brett Steenbarger

    I remember attending one of those trade conferences back in early/mid 2000's at a Holiday Inn hotel. They served free breakfasts, before trying to sell you $400, $900, $1,500....and $5,000, $7,000, $10,000 trading courses/coaching sessions. The whole thing felt like an evil scam. My fifth sense...
  6. MacBookProHo

    My new career: I started marketing my trading system

    100% of public trading systems are completely bogus. When will people realize this and have common sense that you cannot sell a working, infinite, ATM machine to everyone for a small fee? The one exception to this rule are the very private trading firms who truly do have a consistent, working...
  7. MacBookProHo

    Trading psychology by Brett Steenbarger

    That's not the face or personality of a trader, or a truly successful one anyways. That's the face, eyes, and personality....of a problematic gambler who seeks the high, rush and thrill and emotions and prospect of the win. I hate to pass judgement on someone or people so quickly, but I've...
  8. MacBookProHo

    What Options Plays are available in this situation ?

    100% certainty....with that kind of foresight...you can get rich fast with options. Bet the farm on your judgement call. Insurance is a beautiful thing...if you know an incident or event or accident will likely take place. That tiny premium contract has exploded in value.
  9. MacBookProHo

    All eyes on CPI data tomorrow

    This is a trading forum -- not investors digest or indigestion or fun fund managers gala. We are all hyenas and vultures.....not Elephants, Giraffes, and Eagles, and Whales. You are talking about an irrelevant dimension and mindset. I know exactly what I'm talking about. If you are happpy...
  10. MacBookProHo

    How to measure probability of side ways move

    That's the key with trading. Every f'n so-called expert guru trader talking about their system sounds magical....right until, it doesn't work. A trader cannot simply count on tracing lines/technical analysis, while looking at past charts to completely replicate itself. Don't you think if that...
  11. MacBookProHo

    All eyes on CPI data tomorrow

    You can't compare the market wisdoms of an investor, with a day trader. Those two breeds and philosophies and activities and understandings are completely different beasts and worlds. One is happy making 20% a year for his fund management, while the other can potentially generate a much, much...
  12. MacBookProHo

    All eyes on CPI data tomorrow

    I disagree with your statement perspective. If you just simply follow the herd wave...then there is essentially nothing to be had and gained. To make money from the market... I mean real money, good money, actual money money....you have to 'know' what everyone else is basically naive and blind...
  13. MacBookProHo

    All eyes on CPI data tomorrow

    Let me chime in here, Everything I said is true. During the Day hours ....the market Did, slightly, dip and hover and remain below there. You are confusing Premarket hours as being part of the normal day hours. I trade day hours, only. My game and only concern is the Day. Overnight, you should...
  14. MacBookProHo

    All eyes on CPI data tomorrow

    That's exactly what I meant. I placed a bet, trade, conviction of downwards. Not against the trend of going upwards. I bet both ways; some days down and sometimes up....Calls and Puts with options. As I've said...I made a judgement call to place my bet around 9:55'ish....and sell around...
  15. MacBookProHo

    All eyes on CPI data tomorrow

    Today wasn't considered going against the trend. I knew, premarket, the general market would slightly dip and hover below there for the day. Neither completely falling further down deep, nor climbing up. You're trying to cross to the other side of the field that has land mines on it....if you...
  16. MacBookProHo

    All eyes on CPI data tomorrow

    I'm a day/intraday player, only. I don't do overnight, premarket, aftermarket, days trades. I place one trade per day. My aim, goal, is to capture that one, obvious, main move on the chart. The key are options. That's where the true magnification, leverage, explosion comes into play.
  17. MacBookProHo

    All eyes on CPI data tomorrow

    Well, I'm not a f'n Complete, certifiable, Prophet. I'll be the first to admit I'm human, and I'm wrong sometimes. The best anyone can do and hope for in attempting to trade the market is to make a vague, general, hypothesis of your assumption of the market future movement, chart line. Then wait...
  18. MacBookProHo

    Genesis of Today's Inflation

    100 years from now.... I'm sure America will be a darker, stranger, weirder, boring, depressing, country place. As is, the World for that matter as well. That was written 100 years ago, and holds very true to today, still. History of humanity repeats itself...from the Ancient Egyptians to...
  19. MacBookProHo

    DOCU bagholder spotted

    All social media people, and people who make their living by being a public figure, are essentially complete cons. They use their charms to woo you...to consume you, make you open up your time, wallet, minds, and hearts.....all to just completely benefit, empower and enrich themselves...
  20. MacBookProHo

    All eyes on CPI data tomorrow

    The bulk of the selling/move happened in pre-market, combined with yesterday's closing downward pressure price.....and further combined with everyone talking about the negative number all week long already. I knew/guesstimated today early on would be a lingering, hovering, down'ish overall, flat...
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