Search results

Still long as well. @Buy1Sell2 -- I think you have the process figured out. Maybe if Jesse Livermore played golf he wouldn't have had the extreme highs and lows in his trading and personal life.

@vanzandt is definitely one of the better tape readers here so I don't dismiss what he says. On the other hand, I continue to track a number of data points -- my expectation for this week continues to be + for the week so I'm not expecting a major sell-off yet. I have some interesting ST...

Start paying attention to your body and how you feel? You should be able to start to recognize when you are on tilt and off your plan. And to your point, when you are in trades that are according to your plan, you may need to walk away from the screen. Unless you are scalping on really short...

To your point, we are at the end of January. February is not usually a real bullish month -- there will be some swings, of course. Still could be following that 2002-2003 model with a March low. Keeping an open mind.

Zurich Axiom 4: Distrust other people's forecasts and predictions.

Market has been up 100+ points in last 2 days -- anyone shorting was picking up pennies in front of a steamroller. Even if you simply held from Friday's close to today's close, you're looking at close to a 50 point gain -- which is a lot more than the shorts made.

We need the skeptics with FOMO to come in!

As Billy Joel once said, "you may be right, I may be crazy."

I use a "swing cycle" indicator with 3 cycles on the daily chart -- what's interesting is that NONE of the cycles are overbought here -- which means the melt-up scenario is still in play for me as path of least resistance. My weekly charts are bullish for this week which suggest a high...

I get it. If you can read other traders in this game, and determine whether they are dumb money or smart money, it gives you an additional edge.

My guess is there is a lot of pain from the shorts as well as FOMO right now.

There you go!

Who hijacked Master Pu's account?

Still running with the bulls.

Well, if it's that obvious . . .

:rolleyes::rolleyes:

Bruh: You are about the most flexible trader out there -- I love it! Permabear mentality comes from the need to right. As well as the fact that you have to completely go against your instincts a lot of the time to actually profit on the long side because when the time comes to buy, you wont...

Market isn't acting nervous at the moment.

So interestingly, Paul Tudor Jones thought debt was going to kill the financial system back 1986. He still made money on the run-up and the crash. People have been calling for "the end" for years. It will eventually happen but not likely anytime soon with the current market momentum -- and...

Just eyeballing this, that looks like about a 50% retracement.