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    Do TA is a bullshit ?

    In my opinion and interpretation: Technical analysis is a lens, to see through, to attempt to understand money flows as they interact with an instrument that moves. Most new traders look for indicators, to make decisions for them. In my opinion you need to use the "indicators" as measures of...
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    Can we Ban the word "Newbie" Please

    "hey guys, new to trading, wondering if you think it is possible to turn $4,000 into $350,000,000 in 10 years. I figure if I do 10% per month it is possible" - Newbie McNoob
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    Can we Ban the word "Newbie" Please

    calm down, its a joke Mr Pekelo. take some deep breaths or something. im certain as a person you are not this sensitive. i must be reading your post from the wrong lens. tried to add some comic relief to et... and i got multi decade traders upset over a stupid post appologies again...
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    Can we Ban the word "Newbie" Please

    Thanks Bone, I trade 11 different futures markets. Each month, there is always something moving. NG has been moving nicely lately. 11 months in a row with new equity highs for each month in my account... perhaps I graduated? I know I don't have 6,000 Posts on ET, with 200 posts am I still...
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    Can we Ban the word "Newbie" Please

    Sorry, did not mean to offend anyone. Something about that word I found funny, and can't understand why anyone would define themselves as a Newbie. I have plenty of discipline.
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    Lost all friends boss's money

    Better Call Saul, that's my advice.
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    Can we Ban the word "Newbie" Please

    For those that insist on defining themselves as a Newbie, look at yourself in the mirror and chant "I am a Newbie" 10 times in a row, I guarantee you will stop saying the word Newbie. Every time I hear Newbie, I just don't know what to say and get pissed. Most people on this forum are men...
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    Recommend a book

    2+2=5 in markets Just because something happens now, 3 years from now when it happens again the outcome is not guaranteed. My win rate in trading is only roughly 45% too...
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    ENDP - Endo Pharma Double in 6 months

    Valeant probably looked the same and went up almost 3 fold. I came close on my purchase of the bottom of that one too. (still in it) Hopefully some sort of wall of worry appears and then this thing will really start to rise.
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    Another ES Trading Journal

    All markets move very similar to each other. Markets go from one extreme to another, in all time frames. Crude, ES, AUD, Silver, trade very similarly. One extreme to another, over and over and over and over again. I run the same system over 11 different contracts. I will never understand...
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    ENDP - Endo Pharma Double in 6 months

    Americans Love Synthetic Heroin, the thesis is quite simple. and 2, there appears to be very few sellers left, based on my analysis.
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    ENDP - Endo Pharma Double in 6 months

    I took a sizeable position in this stock the other week at 5.66. I think it starts to move soon. I think it goes up 6 fold within 3 years and hopefully double in the next 6 months. I never take stock tips from anyone, when I take a position I simply let others know.
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    Another ES Trading Journal

    I will never understand why someone would only trade 1 market. I trade ES and 10 other futures contracts. Some weeks there are zero quality trades to be made in ES in my opinion. Why don't you pick 4 markets and trade 1 awesome setup that occurs 1 to 3 times per month per contract and make...
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    Statistics - Missing Link between Technical Analysis and Algorithmic Trading by Manish Jalan

    My edge is based on statistics on patterns. I hand test my systems too. The 8000 hours I have spent hand testing various systems has made me gifted in pattern recognition. I see my new learned talent outside of markets too. I now see subtleties in markets that can't be taught, and definitely...
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    Why is trading so difficult?

    scalping is tough, very few can do it well. Those that can, god bless them. Look to trade longer term. 4 hours + hold time. My average hold is 8 hours up to 3 days on my shorter term systems. I have longer term systems too. My two cents, it's more difficult to trade shorter term than...
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    Why is trading so difficult?

    James Simons said something like this once, there are two types of trades Trend Reversal and Trend Continuation. Learn Technicals on Trend Continuation first, once you master that try to learn the harder, Trend Reversal. (It's ok if you never learn trend reversal, Trend continuation pays out...
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    Your current best equity trading idea? #CrowdSourced

    ENDP - Endo Pharma I own at 5.66, bought last week. This is a risk 1 to make 6 fold over 3 years There are no more sellers left, stock has bottomed. $$$$$$$$$$$$$$$
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    Fat Finger Mistake

    Guys, I used 6k and 9k as examples to simplify the original post. I don't paper trade. I trade much larger than you think across 11 markets. It was a mistake that I have never made and I wanted to run it by you guys. OP was an honest question. Monday was awesome for me, bought NQ's front...
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    Fat Finger Mistake

    Thanks McGinnis, So the market does not allow for buys ever to be well above the market? I guess there are programs to stop this from happening to not allow market manipulation.... OR Fat Finger Idiots like me? ( I ended up making a fair amount of money that day, which was hilarious in hindsight)
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    Fat Finger Mistake

    I woke up Monday Morning, groggy, put a long trade on (using round numbers) Nasdaq futures were trading at 6000, I put a limit order to buy @ 9000 with a stop at 8950. (Mistake obviously). IB immediately filled my order at 6000 and sold me out of it at 5999 (remember I had a stop at 8950...
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