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This is far from well done. Nothing good comes out in refusing to take a loss vs cutting it and buying it lower. You congratulating him for a few +2s and +4s but you are completely ignoring the 38 points of heat he took on a long that he refused to take a small loss. This is precisely...

I've been using ES to countertrend, except I have not been successful because the downtrend has been furious but not because I'm hedged, those were just bad calls on my part. 50-60 points in NQ now is peanuts, I'm looking for over 300 and I'm very confident I will get them.

I took 2 losses in ES that is correct, that's because I'm honest with my trading, traders have losses. However, I don't add to losers and I'm over 55 points in the money on the NQ short but of course, you would not mention that because it's not convenient for your argument. Don't let your...

I'm sure you know this but it's amazing how much you cut your winners short by not holding to your targets. It seems your analysis without a position is great but as soon as you enter it fear of losing interferes with your plan. Just an observation.

An open message to the moderators: Shouldn't the posts of this journal be limited to live calls, market commentary and trading discussions ? I don't understand why so much dribble is permitted here. I know such dribble increases traffic on this site, but this is a high quality thread...

This is the NQ short.

Got stopped out again for a -8, least the NQ short is looking good.

Back in long 16, stop 08 target new highs.

L ES 30.75 Stop 25 T 42.75 NAD

It took me a long time to erase fundamental analysis from my trading but looking back it was one of the better decisions of my career. It's just not worth it, look at the economists, why aren't they more billionaires of them ? Markets are weird and they can remain irrational for extremely...

What you say is true, it does take tremendous courage to hold considerable positions long after such extended move. Nevertheless, some might argue that the strongest of trends have these characteristics. However, what I find fascinating is how the new higher highs are created, it's almost...

Ammo, I got a clearly defined bearish wedge approaching what used to be resistance in the past and prob still is. NAD

I did technical analysis on both ends and that was my definite conclusion. Not quite sure about the top but extremely confident about the magnet that will take us down to my target area this year. Since I start slow and never add to losers I can afford lacking precision if I start a little...

I foresee a 18-20% correction is in the technology sector, adjust for the SP500 lesser volatility and that's pretty much how low we will go. Basically NQ will drop to approximately 1880 from current levels, might be off on the exact top but I'm very confident about the lows. I'm short from...

During these times of distress guys try to look around and try to concentrate on the positive things of the journal, including those that are not always so positive. Everyone here is a contributor in some form or another, the problem is that egos get in the way and human nature gets defensive...

Never took the time to study options extensively, therefore, I'm hoping a kind soul out there can provide some insight. I've been a long term owner of CSCO and I don't wish to exit the position for quite some time. Unfortunately, last two reports have been brutal to me and perhaps three...

My suggestion to you if you are serious about making trading a career is to invest in quality feeds and quality platforms. Plenty of opinions out there so I will not bore you with mine except that the free stuff is free for a reason. NAD

Are you claiming that the majority of this board is usually wrong in direction therefore when a large percentage of the voting occurs on one specific side it suggests a good fade? NAD

I appreciate the suggestions, but I deleted indicators off my charts over five years ago. Best trading decision I ever did. NAD

If I may, stop using market internals, everything you need to know can be found in price. Particularly in larger timeframes. By using indicators that offer no value you are wasting precious concentration time from what matters the post, price itself. Just trying to help. NAD