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Stick a fork in it she's done. SPY has spent it's load and I'm exiting the 2 longs here (sorry) and holding the shorts. In all honesty I'm netting out only 2% on the NANO trade even though it's up 9.92% right now.

% OFF OPEN -.76% Loss I'm embarrassing myself this week guys but IT HAPPENS. It's really important to keep your MONTH in focus during weeks like this and all it takes is one good day to wipe out all these small losses and turn things right around. Thurs. Candidates: Long...

I think what they all do / did well was understand at what point in space and time, the path of least resistance was located. If you can wait patiently (something I'm not doing the last few days) then you can find trades where it's almost impossible for the stock to do anything but move in...

Long Candidates: None Short Candidates: JNPR TSS (a rare top call) SAFM

6 posts and you want us to believe in your credibility ? I've read Joe's work so I'm not talking out of ignorance. I'm sure some of his stuff works some of the time but the logic of looking for historical patterns to repeat is flawed. History repeats itself but never in the same way and...

Long Candidates: None Short Candidates: QDEL DV MELA MYGN HOGS The problem the last 5 days is that my scans have not produced very many long trades in fact today was the best day for (number of trades) in a long while and again the majority where shorts. When the market is...

No offense Joe I'm sure your a nice guy but vendors like you are dangerous because you sell history and you really don't teach people to do much other then have faith in the past. Rule #1 Forget about looking for silly patterns and focus on UNDERSTANDING the market and learning Why, How...

NET % OFF OPEN .3345 Crazy stuff, Long lost $ and shorts made $ :confused: and I got spanked on the SPY trade. :(

Resistance area on SPY right now looking good for a short.

Long Candidates: ARST Short Candidates: SAPE RMD DJP I like any short trades that set up on the SPY around 108 ish and may just trade the etf itself.

^^^ Congratulations your on your way to becoming a quant. lol Seriously though, the market is constantly changing. Sometimes it does one thing for a few days and sometimes it does another thing for a few months and then there are times where it's just complete chaos. What this means to...

I use several scans depending on market conditions and scan the entire market.

Instead of listing each result individually I've decided to just assume equal weighting in all the pics and post a net % change each day. Net % change off open -.99% Friday was a terrible day and I basically broke even on the week. As a side note, Try and think in terms of...

LOL What rules do you follow? The rules that "suit" you? The rules that lawyers and politicians write? Great, you pay your taxes and you follow the speed limit that makes everything ok and you are guiltless. Every time I travel the world I'm always chastised for being a selfish...

flytiger It seems to me that you want your cake and you want to eat it too. You can't reap all the benefits of capitalism and expect to have the protectionism of socialism. Sure Wall St. has destroyed companies but it creates 100x more then it destroys. I wish the world was a...

Long Candidates: WAT HBI WX Short Candidates: WRB CCC KIM In light of the jobs data I'm NOT taking any Long trades till after I see how the market trades in the first hour and I highly doubt I will all day.

OP, Listen to me carefully. When you have the security of a job trading is easy. When you have no security and your counting on each trade for your sole source of income things change dramatically. Analytical skill is only a part of being a successful trader. It takes years of...

% off open COT .86 ELOS 1.07 HCBK 1.30 Loss SSS .07 Loss Never did take the TAP trade but for the record. TAP 2.77

Carry traders are in for a rude awakening soon and that's not really what we are talking about here. I have a good friend that does millions with min leverage in carry trades each month and he's lucky to get 1.5% returns. Why trade an unregulated market filled with crooks, when you can trade...

This is a well known FACT to anyone that understands the effects of over leveraging. In my opinion the Forex markets are no different then slot machines but hey lots of people enjoy playing slots. :p