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LOL,...I just about had a seizure when I saw all the bright colors on this chart. Seriously, is there a BUY or SELL signal in there somewhere? I couldn't tell if you were long or short or where you enetered or where your stop was on that chart. Care to clarify? N54_Fan

I decided to post one LIVE trade. This was taken yesterday. GCI Long at $14.79 with stop at $14.41.

Ever think you should rephrase that as "the well established bullish uptrend continues"?...

95% of traders FAIL,...they just FAIL.... LOL,...I couldn't resist. :p :D :p :D

I think its also important to show when you sell and take profits. Long XLI position.

So,...I just had to review your trades out of curiosity. For the last 6 weeks (the best 6 weeks for stocks in a long while) you have had the large majority as losing trades. In fact a few times you have 6/6 losing trades (Long or Short). You REALLY need to review your stats and your lack of a...

I know,...a 25% short covering rally...LMAO

Long AEL

Long BIDU

I know...I posted once before that I suspect they are one and the same person.

no problem. It's a simple approach to make sure you're always trading on the correct side of the market. N54_Fan

To say a crash is coming is useless unless you post a price, stop, and time frame. Did you make the same call as it went parabolic in 2009?....at around $190...and formed what would have looked like a "double top" at that time.

Thank for the explanation. As I said i do not trade options. I also obviously have no position in DMND so I was not aware of the internal turmoil.

Forgive the ignorance as I do NOT trade options. But if you are short puts doesn't that mean you are essentially LONG the stock? If so why will it be very ugly?...are you anticipating something?

Here is a simple example of what I am talking about. I posted earlier the chart of EMA 3 & EMA 9 crossover on MONTHLY charts as a simple and pretty reliable tool for identifying meaningfull longterm trends with relatively few whipsaws. Notice that from about 4-2003 to 12-2007 there was a HUGE...

Using EMA crossovers in my experience has been most useful on really short time frames (15 min to 60 min) or really long time frames (monthly). This is assuming you are trading something inbetween (daily or weekly for example). The problem with EMA or SMA crossovers is that they are lagging...

Agreed. Besides that would be double taxation. A Roth is AFTER TAX dollars.

I have multiple tax deductible IRAs and I currently earn too much to open a NEW Roth IRA. I am converting them to Roths this year. There is an allowance to spread the tax hit over 2 years if you did it before 2012...I have been told that they may extend that rule to 2012-2013 as well but not...

Agreed. But 1% at risk will keep most traders out of trouble that have not run MC Sim on their data becuase so many traders do not even keep stats on their system. In fact most traders do not even have a defined "system" to trade. They just take a trade that looks good without much basis on stats.

Actually, MC sim should give you almost everything you want to know. If you have a win rate, profit factor, expectancy, and payoff ratio you can run a MC sim to give yiu the ideal % to risk per trade for this system. This is done by deciding what is an acceptable max drawdown and what would be...