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I'd imagine this news wont inspire confidence in the markets when they open on Monday. This reverses the earlier injunction by the 5th Circuit and puts the January 4th date back in play, provided the Supreme Court doesn't issue an injunction and take it up. I will state there is already a...

Hmmm, apparently I was wrong. I was positive I read somewhere years ago, before Tesla really took off and became what it has become now, that Buffet had called his investing in Tesla a mistake, as it was not an industry he actually knew which violated his own rules of only buying stocks you...

Ya you're right to an extent. I'd say your win rate in relation to your risk reward ratio are the important factors. If you're regularly hitting 1:3 or 1:4 then a win rate of 30-40% is still profitable. It has its place, because if you back test your system over 10,000 trades with a success rate...

Are you somehow under the notion that just because you dont know how to do something that it cant be done? https://ibb.co/5KNBsPm

I do it all the time. Today was extremely volatile.

Perhaps, but for each person it applies to it becomes succinctly apt.

That cracked me up.

I was right about to post this and saw you beat me to it. Maxing out a position outside of your risk barrier is detrimental. Even more detrimental is seeing it actually benefit you. I'm sure this led to a snowball of similar trades that ultimately burned him.

Raising taxes is extremely unpopular. Prining a ton of money for whatever governmental projects you want to fund is the secret way to raise taxes without raising taxes. Now you dont have to see the federal government is taking 10% more out of your paycheck. Your political opponent cannot throw...

I still cant believe he sold all of his airline stocks at their lows only for them to come rallying back in the coming months after Covid. He sold Tesla at its bottom too.

It would have to be a (points gained:win rate) ratio, probably over thousands of trades with some sort of drawdown measure thrown in. You can have a minority win percentage of trades if your risk/reward return is high overall. I once asked the same question and it seemed there was no defined...

I thought it was crazy all the indicators that one guy used for futures. I wanted to see if he had any hidden gem techniques I might be able to utilize, but as soon as he starts grabbing bollinger bands and RSI I bailed.

Imo animals give far more to this world than they receive. Our own pets ask for nothing but food, shelter, safety, and love. They don't care if you are rich, poor, hated, or unpopular. You can't say the same for people. I will say, my one caveat to my original statement are those people who...

I give to animal charities. I'm not a big people person, but I'm a huge animal lover. The Word says the Lord loves a cheerful giver, and animals seem to be the only ones that make me cheerful about helping them. There are a million different charities and government programs geared towards...

I have no problems helping those in need. I do have a problem enabling lazy and irresponsible people. If I wanted to help those in need there are charities that are far more efficient at stretching dollars and providing NEEDS than the government is at just blindly doling out thousands of dollars...

Good God that woman. 17 children and saying someone needs to be held accountable. Unbelievable.

Especially for those of us with no kids. Between my job and trading I'm getting raped by the federal government. A girl I work with and her dude purposely choose not to get married. They have 4 kids and 1 says they live with their parents. Both single head of household claiming 2 kids apiece...

As long as people keep believing the liberal media, which is nothing more than the Democrats Ministry of Propaganda, they will continue to vote against their better interests. It requires a modicum of common sense to research the actual data and facts and you wont get any of it from any...

Volatility creates opportunity I'm neither bull nor bear. I'm whatever the market calls me to be in the moment.

I categorize trader under poor people, since most of us end up there :D