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Oh honestly... I have given up on him. I'm just going to let the market teach him a lesson. His stupid idea is to have a buy stop then a sell limit a half point or a point above it during trending moves... I told him a bunch of times... That is retarded... You have a 8% commissions...

It's not a strategy. It's just a bull market rally timing technique. I will only be using it for strong bull market rallies like we will continue to have over the next couple weeks after dips. For sideways/bear markets my usual retracement/projection methods work solidly. It's just those...

I have always had trouble getting proper dip entries into very strong trends with very strong internals... There is bloody no retracement dips to get on board... I follow my rules and NEVER chase a trade setup... This definitely helps me huge with proper entry positioning during trends...

Here is five period... Essentially all the indicator is is a hybrid candle... Essentially you have a high/low based engulf candle that you create on a one minute chart. Set to whatever period you want... My original idea was that I wanted to have 5 and 15 minute candles, but that I wanted...

For this friend of mine who is an idiot... He wants to capture single point moves... So, I was sitting there scratching my head on how he could effectively do that... And I came up with a 1 minute price only based indicator as the main part of the system. It turns out he doesn't want to buy...

Heres a time rule for you guys at the moment... We have another week and a half for this June rally to play out. If we make some serious gains extend it's duration another week. It just depends upon how far we make it to the upside and how fast. The faster and farther we reach the more...

If you can't see what your looking at in one glance then you have a metal belief block and don't understand how the market works.

Just look at the chart... Each bottom is exactly proportional to the last without any headfakes on the 5 range for long periods of time lately... The market is sometimes totally devoid of any randomness in the least sometimes... That is why I prefer trading during rallies... They...

The reason the market cracks hard when a major range breaks is you got a lot of professionals, funds, and etc following strict risk off rules... If the market range breaks against them they get the hell out...

Traders audio is fun to listen to sometimes... Great show! It can help people get themselves in sync with the market... It's better than music! LoL... I think Ben nearly lost his voice during the flash crash... Hahaha

In penny stock scams... I have known some people that have run them in the past, but never was in that business... A friend was showing me how they pre-decided and calculated exact targets for a move in a penny stock they were advertising illegally in online ads... The price level where the...

Cars is short for "Contracts". Have you never been on the floor or listened to the floor broadcast?

As for who controls the market. That is simple. The biggest and best traders in the market basically set the support/resistance levels. The market has a natural flow and momentum that is shifted back and forth as the 5% who make money work the market up and down. Even as a very small...

A few years ago when I first started trading and knew nothing about how the markets worked... I bought into ARDM or one of those biotechs during it's rise. (Yes, I got sucked into one of those scam stocks.) I steadily bought into it accumulating 100k worth of shares... Then a couple days...

I mean, look at the amount of contracts being changed hands at the best prices into late day today... Very thin market until the volume picked up into close. Someone trading as little as 1k-2k emini's could decide the exact ticks every time where the market finds support or resistance in...

Smaller traders can just exit with a profit if possible and re-enter the next resistance/support area. Big traders trading thousands of cars have to continually average because the market doesn't have enough liquidity for them to just move in and out. I once saw a cme trained pro trader...

This is what I have discovered over the years. It's generally not worth bothering training people to trade because of a few different things... 1. They have too much fear. I had a friend recently who was interested in learning to trade but he's just got too much fear. He's not going to...

This thread is boring... I want to lose so I don't have to come back and check it. Lets up the ante... To the Wednesday down lets add... *******THURSDAY /ES will finish HIGHER******** *******FRIDAY /ES will finish LOWER******** Cyall on Saturday. Got lots of trading to do around the...

Ahahaha... I win again!!! That morning rally kinda dampened the rally like I expected it would if it occurred... If we had a morning selloff this all would have been more powerful. Good trading today... *******WEDNESDAY /ES will finish LOWER******** I'm not too confident about this call...

Nah... No problems. Just don't close down your platform once you get it online in the morning. Sometimes they do "during" market hours updates which have re-login glitches which is quite hilarious. Everyone who is sane only does updates off trading hours... They are a lot more reliable...