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  1. M

    YM Traders

    Any wagers on who wins the Rose Bowl? My money in on Texas.
  2. M

    YM Traders

    Stops are very expensive insurance policies where premium is paid out only when the event that the policy was written for occurs. In this case the event did not trigger, hence the premium was not paid. I've learned for my trading system, it's cheaper to use discretionary stops and actually...
  3. M

    YM Traders

    Still in trade. I use stop on bar close. I actually was able to scale in at a better price and scalped a few back down. She's going down, not if, but when. Mark 10840 on your chart, cause that's where she's going. Might get there tomorrow, I plan on holding a position overnight if I dont...
  4. M

    YM Traders

    Scaling in short. 10910 to 10900. Looking for 10830. stop 10930
  5. M

    YM Traders

    who is short and who is long? We have a powerful move coming.
  6. M

    Best Performing Stock For 2006

    If that's your scan criteria, take a look at CRM. I have a few shares looking for a double.
  7. M

    Best Performing Stock For 2006

    Another fun prediction thread. These are my favorite picks for 2006. AUY EGO TRE TMY Note: I own all of the above. Chagis TMTA is a iffy one, but I also own it.
  8. M

    YM Traders

    Today was a good day. Got a large piece of the trend early morning and now Scaled out ave. 10880 on the last 1/2 of my short position initiated EOD. + 20 This will still pullback to the 10845 area, however I have no inclination to fight the MRC and their overnite B.S.
  9. M

    My Story- Lessons learned

    I'm curious, have you seen anyone else doing similar returns ( ie 10K to 40 mil) in recent years?
  10. M

    YM Traders

    out 1/2 10876. +24. looking for 10845 for next 1/2
  11. M

    YM Traders

    Short 10900 Stop 10910. Looks like a lot of big time shorts got screwed today
  12. M

    YM Traders

    This move was very obvious. I'm looking to go short now, within the next 3 bars.
  13. M

    My Story- Lessons learned

    This is interesting. Was reading about Baldwin on another thread. Failed business ventures outside of trading seems to be a consistent phenemenon amongst traders who make a lots of $ trading. Btw acesup, good luck on your new quest. Maybe start a journal so we can follow your progress?
  14. M

    My Story- Lessons learned

    This sounds like Dan Zanger storyline in Traders Monthly last year. -------- In 1989, Zanger took a course from Bill O'Neil and would spend three hours on weekdays and 15 hours on weekends looking for chart patterns in his chart books; he still applies O'Neil's signature "Canslim" formula...
  15. M

    YM Traders

    The entry was based on pure price action EOD Fri. Also after 2 fairly large range days last week, further downside is limited. imo we're close to the bottom of the next move up, I posted as much last week.
  16. M

    YM Traders

    Outta here, 10781. +42. Thank you MRC!
  17. M

    Is trading Gambling or not .."What say You" Vote here.

    What a wonderful poll. We all know that the vast majority lose money trading, and I see that 67% voted Trading is not gambling. Therefore these are the ones who have no clue about risk and risk management in successful trading, which like gambling, involves probabilities/odds. Therefore...
  18. M

    Poll- Best % return in 2006

    going to say selective US stocks. Primarily due to smart real estate investors cashing out early and foreign inflows looking for relative safety. Areas? maybe Junior Mining and Financials.
  19. M

    YM Traders

    went long @ 10739 based only on the action on TWS booktrader. Stop @ 10719 couple of scouts this time. Bloody charts still down, will possibly have to reformat HD :mad: Happy New Year to everyone. Good trading in the new year. Sharpen your tools and be ready for the action. Going to be a...
  20. M

    Forbes: GOOG could fall 50% in 2006

    Are you the same andras who spent considerable time developing the "Livermore Key"?
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