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  1. Chris Mac

    Heikin Ashi charts, and how it may point to a recession

    This video is yours? Well explained, bravo. I use H-A charts, combined with others. It works fine. You can PM me if you want to discuss about it. CM
  2. Chris Mac

    Fishy Poker

    HS, I bought heavily puts all this week, and more today after Draghi's speech. I think probabilities are high for a big correction in Europe & US. Wait & See CM
  3. Chris Mac

    Correct time to go all in? Best period to trade

    Well, I think you monitor lot of small or micro caps. As you may know, these stocks began to underperform long time before large caps. These last days, it happened the contrary : small caps outperformed. So this is normal some small caps with heavy short sellers show abnormal returns. But don't...
  4. Chris Mac

    Correct time to go all in? Best period to trade

    You are talking about a stock in a very long bear market (more than 2 years) and heavily shorted (14% OF FLOAT !!!!) So basically, what you are saying is that SDRL was a good buy because shorters were squeezed and forced to buy back their shorts ? That's what you are playing or do you scan...
  5. Chris Mac

    Correct time to go all in? Best period to trade

    What are you talking about ? S&P +0.3%?? Or maybe Brazilian Stocks +4%? CM
  6. Chris Mac

    To PYRAMID into STRENGTH

    My basis are called "experience", "price action" and "technical analysis", not quant, backtest or sample testing or whatever. I can assure you when you trade more than 10 000 times, you will begin to understand when odds are in your favor or not. Of course, there ain't no certainties, but...
  7. Chris Mac

    To PYRAMID into STRENGTH

    Ok, there are 2 scenarios where you MUST pyramid if you want big gains and not stay an average trader. 1 classic trend, with pullbacks : you add positions at every pullback. But you need to manage your average price too so you can't do it indefinetly. 2 euphoria or panic : these are volatil...
  8. Chris Mac

    To PYRAMID into STRENGTH

    If you don't know how to pyramid, better stop trading NOW. Pyramiding means "go to the jugular" when odds are increasing in your favor. Same as in poker when you play small before the river, and increase your bet when your probabilities are better. CM
  9. Chris Mac

    Fishy Poker

    What a good picking !!! Congrats. How did you screen name like Market Vectors Coal ?! Seems to be a small ETF. But good idea anyway. Concerning NQH6, we got a false high @4352.75. ST support is still yesterday's low @4293.50. I would wait that resistance @4352.75 holds (or close @4355/4360). And...
  10. Chris Mac

    Fishy Poker

    By the way, you noticed that DB quoted 18.085 today. We are in the "SELL ZONE". IMO, good price to make some shorts. CM
  11. Chris Mac

    Fishy Poker

    HS, again be ready for a new correction. We are really close. S&P is currently @1988. We should expect a correction of at least 50 points, maybe 100 points straight. Puts are really inexpensive, do not hesitate to add more to your portfolio. The main indicator for the coming days should be...
  12. Chris Mac

    Gold Breakout daily

    Oh yeah ! More and more people are looking at this graph !! Believe me !!! CM
  13. Chris Mac

    Stop vs Limit Order on Long Stock to Limit Loss

    No, you sell Apple market and buy back at $95. Anyway, there are some basic rules. - Use physical stop orders for futures, avoid them if possible for equities. Use mental stops. - You need to know where is your stop BEFORE any order. - If you do the job properly, your stop should be rarely...
  14. Chris Mac

    To Trade or Not to Trade?

    Remember too that paper trading is not trading. It is useless to analyse your paper trade or be happy with your 90% success rate. You need to analyse you when you trade with real money. And your success rate in reality is closer to zero than 90% CM
  15. Chris Mac

    To Trade or Not to Trade?

    Well, you will begin to win when you will be fed up to lose. In theory, everyone wants to win this game. But in reality, everyone just behaves like losers and / or or drugs addicts. This is human nature. Every day, we think we make some "slight" improvements. We test a new method, a new...
  16. Chris Mac

    Basic Strategy to earn 10% yearly?

    Basically you think because you are a good programmer, you can make 10 pct every year? So 1000 000 programmers in the world right now. One will probably make it, maybe you? But odds are not in your favor. What is your edge in financial markets that others don t have? Because programming without...
  17. Chris Mac

    Can't lose opportunity

    Sounds good in theory, but as you may know, there ain't no free lunch. Maybe in the 70's, you could have done this kind of strategies, but now? Nope. Too many hedge, arbitragists, HFT, insiders, etc CM
  18. Chris Mac

    Ackman's fund loses all gains since 2014

    And a nice positive divergence with RSI.
  19. Chris Mac

    Ackman's fund loses all gains since 2014

    Well, Ego kills. You don't want to be wrong, so you can't cut your losses. Btw, Valeant is making a nice double bottom, I would not be surprised if Ackman recovers most of his losses. CM
  20. Chris Mac

    Fishy Poker

    HS, I think the timing was not appropriate. Anyway, get out if DB should go above 15.3. I draw a graph to share my view. This is just an opinion. We are currently at 14.9 EUR, close yesterday was at 14.65. Stock is already down 70% since 2014, so you know there could be short covering at any...
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