Search results

Window dressing is when funds pile into some of the more popular winning stocks just prior to the quarter ending so the investors will think they are smart.

https://en.macromicro.me/collections/9/us-market-relative/91/interest-rate-sp500

$3,500? I thought this would involve at least a few hundred thousand if not more. The loses can easily be recovered with a part time job or as a tax write off. Plenty of traders have taken losses that they would be lucky to ever back fill in their life time. Its how we come back from loses...

Agreed - the louder they are in trying to convince others how good/rich/successful they are, the more likely they are to be the opposite. “During the 10 years I traded for George Soros, I never heard him speak about a winning trade. To hear him talk, you’d think he had nothing but losers...

Wow Tony F. that performance is remarkable & very rare - may the force be with you.

With the herd panic there have been some good trade opportunities on regional bank stocks like WAL (Western Alliance), up 440% since yesterday.

The bears are at it again!

The daily grind: aggressive risk/trade mgmt, minimal/progressive exposure, leveraging onto profits not the principal.

From my experience its a lot more likely my trading goes well when my life is in good order , I am having some fun, & content/grateful for where I am at. Its important to have a life outside of trading or you will become a shut in PnL slave.

The bear mkt rallies we have had are the typical size historically. Since 2000 the avg bear mkt rally >10% is 22.7%. So far it looks like another classic bear rally - be careful here. NDX bear rallies >10% since the 2022 top.

Negative drag goes increases with leverage when your position is not trending strongly. A gain of X% followed by an equivalent loss of X% (or a loss then a gain), always result in a net loss. With more leverage the drag grows as the square of the leverage. In this example leverage of 1.5-2%...

Here are some liquid ETFs that can make big moves 2020 ETFs Covid Panic lows to 2021 high QQQ 147% 422 days SOXL(3x) 1,850% 440 days FNGU(3x) 1,881% 413 days LABU(3x) 1,236% 229 days TECL(3x) 1,068% 428 days FAS(3x) 875% 405 days

More fun with Fibs. ES (S&P) rallies reversing at the Fib 61.2% level. And how about that trend line?

Counter trends often retrace about 1/2-2/3. Here is an example of having fun with Fibs to short GE @ the key Fib levels. #1 & #2 Fib 61.8%, #3 & #4 Fib 50%.

What did one tranny say to another? Lets eat, drink, & be Marry.

My trading goes best when I anticipate moves well in advance & have placed a bracketed order. This keeps my impulses in check & makes my trading more like chess, thinking ahead for the next moves & what pieces to use (size). I have a thesis for all trades & a plan for the session. This gives...

The vast majority of retail traders add to losers sine its more comfortable. Novices lean into losers - pros lean into winners. A trader makes their own fate- not the market.

#1 Add onto a winner on the way up when the trend is strong. Avg into a loser on a trend day & get pulverized, this is doing that in reverse. #2 Trade around a core winning position: You take profits along the way & add back on at key levels where the trend is more likely to resume. Again...

I don't have that problem any more. I am taking profits along the way & my runner position has a stop at break-even or better. I may add on more size to winners, this way the profit can more than double without risking losing on the trade.

Why screw around with always being so close to the entry, in constant flight/fight mode, & always throwing new risk into the mkt. This is my ON short, RR=18:1. Once I have a profit running I sleep, the mkt does the heavy lifting for me. Point being, riding larger moves than scalps makes for a...