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  1. Chris Mac

    What do you think about CarMax (KMX)?

    New historical highs ... as every stock Hajimow try to short. CM
  2. Chris Mac

    Be on Guard to short HD

    Lol, Madoff told the same story to explain when he was wrong : "I am hedged with options and futures". HajiMadow always try to short stocks that go upper and upper (MCD, CAT, HD, etc) and tells us he wins money. BS BS BS. By the way, reading his BS is interesting : When he is long (stocks...
  3. Chris Mac

    $1200 for iPhone 8!? I'm feeling gouged...

    Or 2012 ? -40% Great short :) But Hajimow would reply Apple got plenty of cash! It was already true in 2012. Apple => bear ST/MT, maybe a Buy in 2018 ? CM
  4. Chris Mac

    Is this seriously what trend traders do?

    I agree 100% with your post. I would just add that searching for big win with huge accumulated losses worked decades ago with hedge funders like George Soros, Michael Steinhardt, Julian Robertson... They were so big that they were the market ! So they were able to be the trend. Today, these kind...
  5. Chris Mac

    Is this seriously what trend traders do?

    Are you talking about scalping or trend following? What a trend trader do : 1 know if any asset / equity is in an early cycle/stage (1), advancing (2), maturing (3) or declining (4) 2 buy breakout in stage 1/2, buy throwback in stage 2/3 and sell pullback/ breakdown in stage 3/4 Basic in...
  6. Chris Mac

    Energy sector? Buy?

    You are right, your post gave me the idea to look at a small cap energy index. I found the "S&P Small Cap 600 Capped Energy". Needless to say, we are close to the agony / capitulation. Prices at the end of August '17 are close to February '16 and March '09?! Really ? I don't like to be...
  7. Chris Mac

    What's the best way to get the skills to crush the market?

    Crush the market ? There is something really important you seem not to understand. Markets don't care about you. Markets crush you if you make mistakes. And you will, sooner or later. Be humble, try to grab every day/week some points here, some points there, don't lose too much. At the end...
  8. Chris Mac

    Be on Guard to short HD

    During months, Hajimow told us MCD would bankrupt. And every time MCD made new highs, he was happy to tell us he sold puts ! Same story now with CAT... Laughable. CM
  9. Chris Mac

    Energy sector? Buy?

    It seems we face the same config as in march '16... To be continued... CM
  10. Chris Mac

    Be on Guard to short HD

    Hajimow, I am impressed. I am really impressed. Making 10 fold, being bear/contrarian during 8 years of bull market, and with so many bad calls, respect! I just hope you were enough confident to trade an initial amount of 100 000 dollars min rather than 1000 or a demo account... CM
  11. Chris Mac

    How do I develop my day trading strategy?

    Lot of interesting things in this thread, but people forget it is all about you and your psycho. If you want to day trade and win, my advices: 1 HARD WORK You won't get your own edge without hard work. Imagine you are looking for a Phd in finance. Many are called, few chosen. Write your ideas...
  12. Chris Mac

    Be on Guard to short HD

    Great! +5% and new all time high since your "prediction" CM
  13. Chris Mac

    Hugh Hendry's Eclectica Asset Management Said To Close

    A clever and acute guy, but what an ego... In trading, you need confidence, not overconfidence Sooner or later, ego kills. CM
  14. Chris Mac

    The best and worst indicators

    Right, Richard Donchian was the father of trend-following in western world Hosoda Goichi was the father of Ichimoku and trend-following in eastern world. Great minds. CM
  15. Chris Mac

    I am currently ranked 187 in the cme challenge

    Imagine you are a surfer, markets seas and swings waves. You only know that some seas are more dangerous (aka volatile) than others. But when you watch the sea, can you expect the next wave? Of course not Do you know exactly which way you will ride the wave? Of course not. Can you expect a...
  16. Chris Mac

    Be on Guard to short HD

    Yes, "almost". But being right too early is being wrong. Timing is key. Of course CAT will plunge. MCD too. S&P and Nasdaq too. But not now. So you "almost" make money. But surely lose. By the past, each time MCD was down, you wrote: "MCD worst performer of the day". One week or month later...
  17. Chris Mac

    Be on Guard to short HD

    When you will be really confident (aka got an edge rather than throwing darts), you won't need to write it. Good luck ! Fight the trend CM
  18. Chris Mac

    I am currently ranked 187 in the cme challenge

    Just go with the flow, trade what you see, not what you expect or hope. CM
  19. Chris Mac

    Be on Guard to short HD

    Continue to short MCD, MMM, CAT, HD, etc. Maybe one day you could be right ?! Who knows ? But markets don't care if you are right or wrong ! CM
  20. Chris Mac

    USD Index to bottom around 90 ?

    Dollar is in bear market. So be ready to short it. Anyway, on a short term basis, DXY is already oversold. Mean reversion / dead cat bounce is coming. If 91 holds, we can see at least 92.50, maybe 96, max 100/101. Graph : CM
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