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  1. J

    Just a little advice (worthwhile?) from an old timer about trying something new.

    No. I just unsuccessfully scalped all day. Finally realized I wasn't waiting for the best setups and did a little better than break even the rest of the afternoon.
  2. J

    Just a little advice (worthwhile?) from an old timer about trying something new.

    Maybe my writing was bad. I don't use mean reversion for the QQQ. I only use alert based mean reversion for stocks.
  3. J

    AI, do you want to ride the wave with me?

    I just saw the Joe R podcast with Sam Altman. I'm not at all a tech guy, but I'm still fascinated. And they're saying GPT4 will be a little less than 1000x the power of GPT3? This absurdly cool, and a little frightening at the same time. I also just used chat GPT for the first time the other...
  4. J

    Just a little advice (worthwhile?) from an old timer about trying something new.

    So as some of you know, I primarily focus on mean reversion in stocks. I've done very well (in part because of some of the P/L thread crew helping me out back in the early 2000's. Automation helped as well. 100% manual now). But I got the itch to try trading QQQ after seeing so many...
  5. J

    What are your trading habits?

    I have a post it note in front of me at all times (well, when I'm at my desk) that says "Wait for the perfect pitch. Just wait until it's comfortable". My mean reversion trading is a different story. I'm on auto pilot for those trades. But since I started trading the QQQ, I just wait until...
  6. J

    What do you do when you grow frustrated?

    I got extremely bored within 6 minutes. I guess that's why I'll never be a coder.
  7. J

    What do you do when you grow frustrated?

    Believe it or not, not all of us on this site are computer scientists. The OP said nothing about being a programmer. And what the hell is data scraping?
  8. J

    What do you do when you grow frustrated?

    I've been at this 27 years, and I was just feeling this way yesterday morning. So I took my usual medicine, which is walking the hills in the pasture for about a half hour while talking through my issues out loud to myself. (The cows are in the barn for the winter already, otherwise I would've...
  9. J

    UPS drivers average 170k?

    I always had a box of milk bones with me. :-)
  10. J

    UPS drivers average 170k?

    Negative. I was a seasonal driver in 2013 and became friends with some full timers. Back then, it took 3 years to get to the top hourly rate which was 35/hr, which is 70k/year if they only worked 40 per week. It's more like 45/hr now, and they ALWAYS work at least 40/wk during slow times, and...
  11. J

    My recent trading deserves a Bill Lumbergh meme...

    This is so true. This is why it's important for me to work out in the morning. And after putting a lot of thought into this, as well as reviewing stats, I'm going to set an alarm for 11:00am (central, which might actually be a little late). After that, I won't trade until the last hour of the...
  12. J

    My recent trading deserves a Bill Lumbergh meme...

    I still find this interesting.
  13. J

    My recent trading deserves a Bill Lumbergh meme...

    Ouch. 23 is still a ton of experience. -Side question... Were you like me when I wasn't profitable for years, but crazy enough to stick with it because I knew I'd eventually get it? I'm thinking complacency is a big part of it, at least for me. I follow a fighter pilot on youtube, and he...
  14. J

    My recent trading deserves a Bill Lumbergh meme...

    Working out also helps me, but I've been doing it after the close lately. I've never (well, rarely) been stupid after a high intensity work out before the open. It really clears the head and gives me a natural energy boost, rather than slamming coffee all morning. I'll also start breaking up...
  15. J

    My recent trading deserves a Bill Lumbergh meme...

    Anybody else with 25+ years of experience still trade like a total dumb ass once in awhile? I can imagine a scene in a movie called Top Trader when Goose says to Maverick, "The stock exchange regrets to inform you your son is broke because he was stupid." I'm only down a couple hundred bucks...
  16. J

    IT’s Gambling.

    Old debate. Who cares what it's called. Just do well at it.
  17. J

    Happy Independence Day

    Still crabby about those hungover Hessians letting you down in Trenton?
  18. J

    blue-chip stock

    Haven't had much luck. Now I'm happy just trading actively in my pro account and averaging in and out of ETFs in my Roth.
  19. J

    Prediting Stock Price Trends

    I remember when a system like this was proposed on Shark Tank. They were laughed out of the room. When are you idiots going to realize traders do not fall for shit like this. If it worked, you wouldn't sell it. Go back to selling Kirby vacuum cleaners.
  20. J

    Are you serious?

    Ok, I'll bite. Why the hell would you do this? First, it's called shorting the box, and we used it to avoid the uptick rule back in the day before it became illegal. Second, there's no uptick rule in futures so it's not necessary, but it's still illegal. Third, it's illegal. Fourth, if...
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