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If you are going to do position trading I strongly recommend that you keep some type of bullish % charts, and keep a pnf chart on the sector of the stock in question and make sure that both sector and stock are bullish or bearish.

I agree totally with your comments. The difference before pnf and after was like night and day for me. I hope it can do the same for you.

No you don't. You get your drive from being unhappy with where you are in life. I feel sorry for anyone flipping burgers being happy where they are in their life.

I cannot believe how one day's actions changes the minds of so many.

I'm pretty confident we are going to hit 1480-1510 in ES without much problem. The bullish percent index has be rising steadily since january. We have gone from 18% to 51% today. We should have a pullback soon, but I don't believe it will occur before that 1480-1510 range. I will be out of...

You can go lower. It would be considered an odd lot but most brokers don't charge extra any more for odd lots, and there is certainly no problem getting filled.

I was there last week and it was still pretty damn busy, and they have not stopped building. They are building a huge city center complex right next to the Bellagio. I donated some money at the blackjack tables so they could buy a few more crystal chandeliers. Vegas is evolving from the...

I say regardless of the outcome someone should castrate riskfreetrading if it hasn't been done already.:D

Absolutely not. Please continue. I only meant my contributions will be limited from this point forward.

There once was an poster named Jackstone; Who was the worst at forecasting the unknown; He posted his charts and thinking; But his calls left elitetrader stinking; Everyone thought he was just a clown; But Stoney knew he was looking at his charts upside down.

bulls eye broker for swing trading(no real time charts), and investor RT for day trading.

Now here is the chart I would have used for GSK. I would not buy this stock at this time because it has negative rsi and it has not broken out yet.

Just my opinion, but I would have taken this last x column breakout with a small position because it fits my level two breakout. I would have then added to the position on the next x column as long as the next 0 column did not exceed the last 0 column.

Maybe everyone on the board is stocktrader3 and we are just talking to ourselves.

Poor Jackshit. He keeps trying to convince the world he knows what he is talking about.

Trading on pre-conceived notions is gambling at its worst.

Yes you can. You can pay yourself a salary and send your taxes every period. I'm pretty sure I think I know what riskfreetrading was talking about. Theoretically you can create an offshore trading company. It used to be you wouldn't have to pay any US taxes whatsoever, but according to...

It is really funny how in almost every instance this zone of confluence creates the absolute best trades. The above advice by stealth is excellent advice. Take heed.

If you are doing well just go buy you some new friends.

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