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Today GOLD quoted USD1209. We begin to enter BUY ZONE [1190 1210]. Of course, must be confirmed and stay ABOVE USD1190. ST TARGET IF REBOUND : USD1280 (cf graph). Strong pullback and support would become resistance. Good luck with your trades

Ahah poor little boy... So angry because truth hurts!! You want to be the wise guy and speak about "learning and being a better person", and just after that you become insane and insult people ! You are psychologically unstable, boy! Good traders are stable and are not affected by other people's...

Boy, you should better go playing World of warcraft or go to Facebook looking for friends, it is a better place than here. Stop loosing 80% of your ("precious") time here! And you know what is cool boy ? You will write as much "LOL" and "LOOL" as you can (you are an expert) and explain you are...

Futures and options are complementary. Sure you will be right less often with options... But you better trade options in some particular cases, specially before a volatility breakout. When you are an option buyer, you know exactly how much you will loose if you are wrong. With futures, you need...

Of course you can have edge! With hard work. But IMO you must master futures before options... Main difference between futures and options is that with futures, you "only" need the right direction while with options you need to get the right direction at the right time with the right strike...

Well, istoptime : your arrogance is equalled only by your ignorance. And that s why i like elitetrader. I read posts like yours, and I can understand why so many people are wrong. Because of arrogance, ignorance and laziness. Elitetraders members are the same as in real life : 50% losers...

Ok, for the moment GOLD doesn't react positively when markets are up or down. This is obviously a downtrend squeeze. You can't fight vs it. I know you are ready to buy more gold. So IMO : good entry zone : 1190 / 1210. APEX gives an entry period around mid-october. If 1190 holds : triple bottom...

Trust Nobody.

As of yesterday, Put 10/18/14 strike 90 quoted 0.87/0.89, which was 1% of the price. Not given, but not expensive too. Target is at least 10, which means that during next 2-3 weeks, Apple must go below 90. Good reward/risk i think, similar to september 2012 ! A well-known female philosopher said...

Well, I don't understand these kind of strategies and to be honest I don't want to understand them. The only thing I know is that in 2007/2008, lot of guys developed complex optional strategies and most of them are not here anymore because their models ultimately exploded. As of today, i just...

If you wait for a huge market crash, wait for the leaders to go south first. It means Nasdaq MUST make a first correction, try to rebound and boom you got your krach. We still do not have a first correction ! Apple, Amazon, Tesla, Google and friends must go south first. Without them, no hope.

Apple is dying right now. Time to buy puts?

Weather is driven by mother nature, you can still try to modelling it, a butterfly could break your forecast. But i don't believe that markets are chaotic, except "acts of God" (Fukushima...). Markets are driven by humans, and humans are driven by greed and fear, euphoria and panic. You can use...

Ahah you forecast when you are talking about the weather tomorrow, or if your horoscope is fine with taurus coupling with milky way and the moon. If you are right or wrong this is the same. You talk about probabilities in markets (or games) when you are expecting differents returns depending...

Redneck, why are you talking about "context"? Candlesticks are what they are : a visual representation of price, IMO, the best one compared to the others (bars or linear graphs) because it gives you faster a clear global view. And of course candlesticks patterns help to give probabilities of...

To answer your question : you should never move your stops when you are in the wrong direction. Once you chose it, don't change your mind during the action. If you put this stop, there should be a rational at this moment so stay disciplined and logical. The only case you can move them is for...

It is clear, thank you. Good trades!

That is nice but why don't you give some room to your trade with a Stop Buy @2000.50? You protect part of your gains and can wait for a better reward? Just a question.

Well, perhaps a good time to short S&P. EuroStoxx is weak, Italian MIB and Portuguese PSI seem in bad shape. Dollar and bonds are roaring. short sell 2001.50 Stop @ 2011 ST Target : 1970 MT Target : 1880/1910

Butterfacetrader, i agree with you. But the problem is that it is impossible to verify by calculations P&L of all investors. And trading involves reactions that don't fit with rational behavior. That is why game is biased. If we make an analogy with poker game, sure there is more money today...