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Yeah, that happened a lot last year. Prices would reach the top of a channel and experience a really minor downmove. I'm speaking of the index futures, by the way.

What's the point of this thread?

Swing trading definitely requires patience and is probably the best option for someone works a job. I've found that day trading requires a level of quick decision making that I just don't have. But, I've found that as a technical trader, they're both the same...The only difference being one of...

Well, my analysis showed that the market would decline but I didn't think that it would be this bad. What I did was draw a long-term trend channel and prices reached the top of the channel. Personally, I thought that the ES (for instance) would fall to 2700 before rebounding but the price fall...

I saw the charts pointing to a decline in oil prices and this may be the catalyst. I saw also a strengthening dollar coming, which would also depress oil prices.

Topping patterns tend to not work so well in an uptrend.

Interesting. I've heard of the PPT but have never looked into it. I'd always considered the PPT to be some excuse that doomsayers use for being wrong on their bearish calls and/or losing money by shorting equity indexes.

Bullshit. Trend has been defined numerous times. How can it be to understand that a trend is when prices move in one direction with pullbacks and consolidations in between? In fact, the equities market has been in an uptrend since 09. Let's stop pretending to not understand the obvious in an...

What about CNBC? When I watch CNBC, I rarely see the Trump bashing. They tend to stick to the subject...as far as that goes with any news media.

Both bitcoin futures have been trading for less than a month and people have already called them a failure?

I nearly burst out laughing when I saw Kiyosaki's name mentioned.

The charts have given clear signals on ES not just this year but always. Every sell off found quick support at a previous area of resistance and continued up. Continuous buying opportunities, if you will.

I didn't say that it was you definitely. Your posts remind me of that guy. If I were to pull up that thread, it would be from 2015. Since you don't remember making a recommendation to short AMZN from $250, it's highly unlikely that you are that guy.

I wonder if this is the same guy who called me a n****r because he was talking about shorting AMZN at $250 and I said that the charts show otherwise.

Probably because it is only an opinion that bitcoin is a ponzi scheme.

Referring to Bitcoin as a ponzi scheme is a talking point made by people who wanna sound like they know what they're talking about, but they really don't. I've compared bitcoin to Tulipomania and even to John Law but my comparison has nothing to do with the asset(s) themselves. My comparison has...

There's also that freedom and self-employed factor.

That's pretty much my thing. I don't have a college degree nor any training in any high-paying field. Trading just might be my only shot at earning a 6-figure annual income at some point.

If you've found something that works, don't start second-guessing yourself and trying to make it harder than it has to be. I found a working strategy and did just that...and it took me a while to recover.

Here's something to make you feel better. I started trading when I was 26 (I'm now 31). Like an idiot, I took $1500 and figured that I'd trade cocoa futures. That $1500 was almost all I had. On top of that, I hadn't done enough research to attempt what I was looking to do. After about day 3, I...