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Great trading. I like your style. I know you're holding through some heat. Question: you average in as the price moves against you but when the trade turns around and is better than your average price, why don't you scale up (like instead of removing a contract at your first target, why not add...

Most of your posts are centered around the market continuing its move up... and who can blame you? Nine years of central bank stimulus has conditioned a lot of people to buy the dip and nothing else. In your chart I see a series of lower lows and lower highs... combined with the fact that the...

I think, for once, fiscal policy and monetary policy are actually working in tandem to try to somehow engineer a soft landing in an effort to avoid another depression. It's unusual in times of economic strength to see both an increase in stimulates and monetary tightening simultaneously... it...

Since the Fed began normalizing last September, the unwind has already been affecting the market. Not having the assurance of central bank intervention to support the market means that a long-only strategy is not as promising as it was 8 years ago. I think btd traders are in for a rude...

Now that's a friggen rally!

And I'm here for the entertainment so save your opinion for your own trades because that's the only place it matters.

You two his daughters or something? Let us chortle in peace at his musings, it's all in good fun. I actually hope he does well but since I am of the opposite mindset and have fundamental reasons to be that way, I like to try to inject some sanity into his trades. So far I'm batting 0/20.

... still waiting to hear from b1s1 to tell us how much he loves this pullback :D

I'm uncomfortable being short because of yesterdays rally. The tape was super crowded all day yesterday and the size and scale of those buy orders were reminiscent of a big bank buying in. Often this type of buying leads to higher prices, at least in the short term, so I'll sit out until I can...

You never give up, eh?

Nothing that the Fed has to say is going to loosen monetary policy in the near or long-term. Getting 'goosed up pretty high' by a conveniently placed statement would be a sucker play for people gambling in the market and dip buyers.

Experience, I guess. The technique I was seeing is typical of someone building into a position, not unwinding one. I got long after the dip down this morning and was actually expecting higher prices today but when the seller wouldn't get out of the way and kept selling size into rallies and at...

Disagree completely. All day long I've been watching a seller build into a huge short position on the tape. I thought he was going to take the market down today but he's still selling into the highs. This market is going to hit the bricks before any trendline kiss.

Yes, let's just completely disregard the driving forces behind markets so that we can focus on charts and indicators and convince ourselves that we're 'trading'.

I don't see anything earthshaking here.

Patience and solvency. The right idea at the wrong time can still be an account killer.

You've got balls, man.

You'll be around to take the other side of my trades the whole way down, I'd imagine. The market gifted you with a 150pt lead on your swing, why didn't you take it, out of curiosity?

You're a lot of mouth for someone with no skill.

On the other hand, if we punch through this level and hold, it will be the point of no return.