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That's not very nice.

These jokes are awesome! I'll be able to hold my own next time I'm on the piss with the Father 'n' Law with these.:D

No rule is concrete in trading, but if used as a guide, there usefullness in identifying the path of least resistance is under rated. I'm talking about medium term time frame here. I used them to ride the market down in 08, up in 09, and I'm using them to ride the market down now. They've kept...

On a serious note.....big money comes from big swings which only come from looking at the big picture. And you have to be prepared to hold for weeks or months to fully capitalise on a big swing.

Don't tell anyone your rules!:D

Oops, too many hundreds there.

Sooner or later they get it right though. I'm not so sure about biggest correction in 300 hundred years, but things are going to get worse before they get better. A lot of awesome shorting opportunities have come along over the last couple of months and there will be many more to come. Ride the...

Higher highs + higher lows = uptrend (BUY) Lower highs + lower lows = downtrend (SELL) If none of the above are satisfied, the security or market is moving sideways or has no defined trend. NB: For me this works best with longer time frames, ie. days or weeks. Slower but bigger moves...

:D :D

Absolutely. Using only 2 weekly setups that identify medium term trend changes, never getting emotionally attached to the stock, and having a trailing stop just outside the weekly trend support that you bought into. The trailing stop needs to be monitored and adjusted regularly. There should...

.............and sell high buy low of course.:)

When the market turns south, then and only then is it time to start shorting. Until then, stay out of its way or it'll steam roll ya!

Congratulations. You just joined the 3%. :)

When experts (drips under pressure) start talking divergences, they lose all credibility. So called divergences can go on, and on, and on, and on, and on......

*buying a program for a couple of thousand dollars at a flash seminar from a slick looking bloke who says he made his millions daytrading......and when your losses start mounting, paying the same slick bloke more thousands to attend the advanced course. C'mon, don't play dumb now.....you...

*Using indicators.....it was a mistake for me anyway. *Ignoring (trading against) the big picture, the underlying trend.

That's about all your dollars worth now!:D :D

It's based on quality, not quantity.

In 2006 they said 'it can't keep going up', but it did. In 2008 they said 'it can't keep going down', but it did. In 2009 they said 'it can't keep going up......

It recently occurred to me, that most people posting on this site have something very real in common other than trading, that I honestly believe will be their single largest mistake/oversite when they come to the end of their trading life and look back to see where they went wrong. I also...