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Interesting. (Those waves are huge) Hypothetically considers how I would trade in between the waves.

Good deal Bro, As always I wish you continued trading success.

I follow the same perspective concerning Finance media. Bro, I do hope you will also read the Chart, as currently the S&P is burning down. A beautiful market for some shorts.

Still making money with this chart. https://stats.buybitcoinworldwide.com/cycle-repeat/

That's some nice software. I just follow high probable patterns with the same results. I love NQ.

Never trade other people's opinion. Trade what works for...YOU Dude, are you crazy, you should never short. $2346 in profit (market continues down) Are you aware of the upside in shorting? $4819 in profit (market continues down) In shorting I'm afraid of losing money. $5211 in profit...

Looks like a great setup. I would have shorted the low of the previous BAR. NOT the absolute low, but the range of the BAR low. Mind you, I don't trade stocks below $50. But for NQ or ES that looks like gold. EDIT: It looks like a winner to me because the red BAR never topped the opening of...

I use to trade using Investors Business Daily website and definitely respect Mr ONeil's advice. But my bread & butter are shorts. Stop loss works just as efficiently with shorts just as it does with longs. Fortune favors the bold.

Almost every day. NQ + ES + DOW Crude OIL + GOLD

Regardless of direction I will ride the train.

Millions of traders follow those trading principles. But is it enough? I've read/studied many such principles of trading. I find it interesting very few if any ever discuss the importance of the WHY (why an individual trades) and GOALS. (Progressive realization of a worthy objective) The...

Technically No, Initial position has a stop loss. When it's hit the 2nd account trades the retrace. I double up, and sometimes triple up on the retrace trade. Trying to trade 2 positions at the same time would raise my already high blood pressure. :wtf: You can do this on one account. But I...

Depending on the time frame, there's always a retrace. I've found it's better to plan for it, and use it as a strategy. Therefore, I use wide stops using two accounts. 1st account initial direction - 2nd account prepared for retrace.

Hi There mute9003, Trading the news even for professional event-based traders dealing in debt instruments is extremely challenging. There may be some benefit in using the news as a contrarian indicator. Someone trading the news is more than likely setting themselves up to be a Fish. (poker term)

Hi newwurldmn, I appreciate your comments. And if M.W. reads this, I want him or her to know, I hold no ill-will towards them. Quite frankly, I've experienced too much in life, both good and bad to take another person's opinion personal. I wish M.W. and every trader/investor on these...

I promise you AFTER I buy the craft in the below picture, I'll change my ways and adopt your self-righteous perspective concerning other people. Until then..carry on.

I will not go as far to make the same clueless assumptions you are making. I acquired a BS in business from Prairie View University over 30 years ago. What is it with your dislike of truckers? LOL I ran a BUSINESS as an over-the-road trucker. I think I hit a cord, when I stated you have no idea...

Whenever I see a person, who in the face of insurmountable evidence refuses to accept the FACT that they are wrong. Nor smart enough to use what he's wrong about to his or her advantage. It gives me the impression, their animosity towards beneficial knowledge says more about who they are, and...

You are correct, it is definitely NOT illegal, and far from it. In my world in my past business, I delt with multi-millionaire business owners who moved tons of freight on a daily basis. Quite frankly, I've never met a business owner that did not understand these concepts. I should know, since...

Knowledge and understanding how life insurance can be structured as a Trust (revocable or irrevocable) with transfer rights for estate taxes. (grin)