Search results

If trading and the market place were not relational who would you trade with? All The Best, DMartin

That's very funny and is absolutely wrong. The dogma you are alluding to comes from the so called experts in the trading world (it’s all about you). Solitaire is perhaps about you but that's about all. Every business in the world is an engagement with other people. The market place is a...

So you come up to resistance that has proven formidable the past few years and decide not to take some profits off (I'm not referring to scaling in or out) the table. Makes perfect sense. DMartin

Obviously it does matter what your trades and his trades are if what you put out is your trading style, philosophy and specific trades. Otherwise, stop posting. I still would like for someone to explain why Buy2Sell1 or anyone else did not take some profits off the table at resistance levels...

You are correct, no one knows for sure which direction the market will go. My indicators say we move lower. I still find not taking partial profits at important resistance levels a bit goofy. DMartin

Are you long or short? I have been short since 10/7. What is your status? DMartin

So we now have the birth of a new trend and your telling me you wouldn't have taken some off the table at or near the highs--highs which have proved serious resistance? Let's let the week play out and see what happens. Should be interesting! All The Best, DMartin PS No one, I mean no...

Not sure what you’re looking at other than divergences and grails but from my vantage point we are now biased short. Why you didn't take profits when the futures were at there highs (1586.75) and at levels which have proved difficult to move past is quite surprising (nothing goes up or down...

you drove them away!

I read in one of your post that you don't have stops due to your bias being either long or short. You also stated you don't risk more than 2 % of total liquid equity. It seems you would have to have a stop somewhere or else your equity could get hit a lot worse than 2%. Therefore, what is...

Are you still long? DMartin

I am now fading this move in the SPX. Why, the resistance in this area has been so great over the past few years it’s likely to continue. The SPX topped out in March of 2000 at 1552.87. From there, it took about 2½ years for the SPX to lose about half of its value. And from there, it took...

You’re a genius! DMartin

That's exactly what I mean Buy1Sell2. There is no basis for what you call a non-call (1580?). The market could just have easily tanked 10 points on the employment news as going up. I know your bias is long and it would be helpful if you produced a chart to show what you mean. There have been...

You are so full of baloney I can’t stop laughing. Please, please don’t take this as a criticism—it’s just that you are so funny in the manner in which you trade. Good Luck, DMartin

I don't know how long it will take. That was not my main point. I think trading is a serious undertaking and should not be taken lightly or that one can achieve success with a flip of the switch. Successful individuals in the arts, sciences, professional sports, medicine and trading share...

No, in a very real way it is brain surgery and that's why it's so difficult to succeed. To become a surgeon requires 4 years undergraduate work, 4 years med school and another 4-6 of additional training. Why would anyone expect to go into the world of trading where we have some of the best...

If you can't manage yourself while trading you should probably find another career. DMartin