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Not any more of a joke than having the best military on earth yet on September 11, 2001 a small number of towel heads (legally here courtesy of our Department of Immigration), succeeded in attacking through the airspace unscathed (until they died by their own hand). How many lives did they...

Well said. Sacrificing the pawn for the rook.

Postion size. Having enough to matter but not enough to get hurt. Envision to overlapping spheres and a sweet spot. From there it's management. Entries pale to exits. Exits is where you make your money. And........they are taxable events.

Allright, to start things off, I consider the intra-day low of the last day of the year as a focal point. A peg. In this instance, it was $125.33. That price point was pierced March 16th. Coupled with with a rising ATR (my definition of volatility). I became loosely bearish, with that...

I use the Spider (SPY) as the proxy for the SPX. Gaps can't be forseen. Got nailed this morning. $127.76 to $129.35 with the flick of a wrist. Attached is a chart depicting (3) unfilled gaps. Anyone want to discuss unfilled gaps?

Chandelier stop (HHV- 3 ATR) works pretty good. Mental stop not a hard stop. When you get an alert, it becomes descretionary. Exits are where the money's made (or losses stemmed). In contrast to entries, exits are taxable events.

Round numbers, ie 40, are potent Attached are weekly and monthly charts. Noise removed. IF there's a drop "below 39" it's to pick up inventory. Translation, better sell to close that put in "short order" at 39ish. The fascination with selling short (or leveraged derivitives with time...

1. News is for amateurs. Hmmm, 12,000 posts is a reflection of what? 2. There's internal and external news. "This" was which? 3. News is released as to both content AND timing. Operative word is "release". 4. Irrespective of the close, 5.4 million shares changed hands at various...

Trading should be alot like driving. Something you do differently now than when you were 16.

Whoa and double whoa. I'm personally not too pius. I'd say psychology is about 2/3 of "it". We all see the SAME stream of prices. Some succeed. Fewer succeed consistently. Some fail. Some fail consistently and hence POOF, disappear (only to be replaced by more). What separates...

There's something to be said for being first, or shall we say early, in a correct trade. Slighly MORE profit. Repeat and repeat and you'll see the beauty of compounding. Position sizes will get bigger and bigger. So will the stress. The trick of course is "correctness". We're ALL unique.

SPECIES 1. Rigid/stubborn. Force a trade that isn't there. 2. Ignornant. Know nothing about the issue. 3. Arrogant. Won't admit an error. 4. Myopian. Eternally hopeful.. Perma-bull 5. Hesitant. Indecisive. Procrastination. 6. Under-capitalized. Too large position size. 7...

I'm not too convinced YOU trade garcia. Then again, maybe you filled a few in between those 3500 posts, but you don't make a living from the river of fish. To answer the thread's question, using SPY as a proxy, it hit two consectiive 20 day lows on 5/4 & 5/5. 10 day low is a warning, 20...

Coin flipping is purely binary. You'd be better served will varying weights to outcomes for expample with a pile of slips of paper -4-3-2-1/+1+2+3+4. Closer approximation to reality and provides a clearer insight to "risk of ruin". Your descretion in trading, ie cutting losses/wating for...

"Only" is a strong word. Ditto for "never", "always" and "free". Should be used sparingly, if at all. Psychologists would refer to "it" as displacement. The proverbial kicking the dog syndrome. As for YOU Garcia, you seem to have a hardon for daytraders. Eh...........issues...

I'll echo that sentiment. As for CLF, he should have been in it in 2003 at $3 bucks. Of course, so should I have been. Woulda coulda shoulda. The difference is, I don't chase stocks in la la land.

You wrote "investment" but this is a trading site. Perhaps you're implying that I gamble. Life is a gamble. Yes, I can compare now with two years ago. You transact in PRICE. So do I. Record sales? When a pole vaulter gets to 22 feet what's the probabilty of further records? What...

Perhaps, butt you're following me around. Like a puppy. Incidently, I grew OUT of my hot car phase. Years ago. When are you going to outgrow YOURS? Just so this reply has some semblence of value, to reiterate, natty isn't just a reggae term. Really.

You know clubbler, it is so FLATTERING to be stocked,,oops, I mean stalked by YOU. You're reading EVERY WORD I WRITE. Yeah, I had loss in countrywide. I've had four losses in June, a few in May, some in April, I'd have to look at March. IF I don't have losses, I'm not making enough...

What's unbelievable is 7000 posts in 3 years. This is a TRADING site. My 93 year old grandmother, blind in one eye, and hobbles with a cane could passively put her funds in a Vanguard index fund and out-perform two thirds of money managers. That renders your post worth less (as...