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I will add: fake patterns have the highest profits expectations. For example, a fake H&S is one of the most profitable pattern I know. Because everyone knows H&S and try to short when the neckline is tested. CM

So true. Myths such as "Dow will always go up on the long run", "buy and hold forever" are stupidities that you can apply if and only if you are Warren Buffet and friends, because you know you won't go broke even if you are dead wrong (which was the case in 2008). For real people and traders...

Penny stocks, options, futures, whatever, who cares: +45 pct year after year during 7 years : you are better than 99.9 pct! So without proof or at least some live call: you will get zero respect here because for real traders, trading is not that easy, even with penny stocks. This is not about...

You claim you made +45% on average during the last 7 years (or multiply by 12 :1.45^7) , which is better than 99.9% of traders, and at the same time, you don't know when to enter because "you never used T.A" ? Seriously? Possibility 1 : you were lucky during the last 7 years (proba 0.1%)...

You did trade during 3 months with low volatility and few surprises. So basically you haven't ever trade yet. You will understand by yourself why you are right or wrong after thousands of trades. Test your ideas during volatil markets and you will understand why winners just don't do what you...

Ok, but poker or even chess are simplistic games compared to trading the markets. Poker? chess? only determinated probabilities, no events.... Even some pro poker players try to trade because revenues are higher... but few succeed. If you start trading now, it is not too late... i think you got...

At least someone who understands how the game works! This game can work if and only if losers stay losers, new entrants become mostly losers, and winners are few. If not, game is dead. This is why IMO internet poker is dying. Losers lose less and less, thanks to AI. What is the interest for...

You omit to mention the most important: 1) Identify trend and countertrends If 1) is clear in your plan, you will know if your support is weak or not, if sellers or buyers got the nuts, and when to buy or not, news or no news. You can't trade well if you don't master price action. CM

Basically, you are asking if this is a good idea to average down ? Of course not, news or no news. If your timing was not correct at start, market will give you the opportunity to trade again your prices. This is a classic fool trap. You still believe you are on the right side of the trade, and...

Seriously ?! I think ET's longest thread ever is about Mark Fisher and the ACD method! https://www.elitetrader.com/et/threads/the-acd-method.170318/page-1277#post-4392610 CM

For sure ! 2 months ago, you and I were a bit alone to believe RUB would appreciate :) Tradator, what do you think about Turkish Lira? Too early? I would rather wait but potential is so high... Easily 30% in few months... CM

So pretentious. Way of the turtles is one of the best trading book I have ever read, and I read a lot. Who are you by the way? CM

It will become a decent short @ 750 / 800 dollars. Today, CMG quotes 414 dollars, so you need to be patient. CM

In 2017, S&P will underperform emerging markets. Up, flat or down. CM

When I started, I wish I had someone who told me when I was wrong I was wrong and why !!!!!!! Sadly, when I was right, experts and co would tell me I was wrong and when I was wrong, noone would help me! I never had a mentor, and I found my way ALONE. I give free advices for others who want to...

For once, I disagree with you. There is a big difference between what people say and what they do. This is quite clear everyone is buying gold, so why do you want to fight the trend ? Maybe I would be more cautious above $1200. Maybe... Wait and see. CM

Lol again you are totally wrong. At the start of your thread, you said Netflix was a BUY=> it was a SELL. 2 months ago, you told Netflix was a sell, I said BUY. Now, finally you say BUY, I say TAKE PROFITS. Thanks again for your insight ! Everyone on ET would be millionar if they take the...

You don't trade fundamentals. You trade news. This is quite different. This is price action. In my case, I don't care about news implication but care about how markets react to the news. CM

At least 1/3 of Euro funds are registred in Luxembourg. What is the ISIN code or Ticker? Performances are audited, right? +1428% for this fund in 6 years, even Medallion is a big laggard. CM

Well, that was more than predictable one week ago : https://www.elitetrader.com/et/threads/trumpnation.305534/page-2#post-4382915 CM