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Call it whatever you want. I don't care if it's a so called niche or not. I enjoy it and it makes me money. I think mean reversion is descriptive enough. If you don't know what that is, it's not my problem.

Yes. My only longer term trades are in my Roth.

I can't imagine how long that would take, or if it's even possible. My scanner has just about every parameter possible, and I would narrow those down as tightly as possible. But I would still have to decide whether to take the trade or not. A computer can't do that. I also have 2 27"...

They're just classic patterns you'll find in most books. For example, a descending triangle in a weak stock with a tight consolidation at the tip. I would short it when it broke down beyond the tip and my stop would be above it. I didn't say it didn't work. It worked great over the long run...

That would be a strategy question.

I've stated in other threads that I've mainly been concentrating on tight consolidations in volatile stocks that are trading with unusually high volume. However, I've also stated that this comes with a win rate below 50%. There is a lot of decision making in the moment, and although I've done...

Jesus. I've seen a few black bears around here, but they're never interested in eating me. They always run away when they see people. (In this neck of the woods, anyway). I think I'll make it a live long goal to never see a grizzly in the wild. So far so good.

The last 3 days were just brutal. 20 degrees below normal and very windy. But I guess Mother Nature feels guilty. We'll be going from February to June in just a few days. All in early April. I'll take it.

I'm just on the other side of the river from the twin cities, so we're right on the edge of the Mississippi river valley. We have our share of ninety degree days, and the humidity can be brutal. I would recommend some place not so close to a major river. Ugh, now I'm thinking I should enjoy...

I t looks like spring unofficially starts next weekend here in western WI. Consistently in the high 40s and low 50s. Finally.

Yeah, I lost my dad in July to cancer. He would've loved this snow. Especially since it's 35 degrees with a beautiful blue sky and barely a breeze. I just did a bunch of plowing for neighbors and I loved it. It's beautiful out there.

I'm used to them, and love winter as well. Just not on April 1st.

Have an extra room for next winter? :cool:

This is the view from my front step after spending an hour on the tractor just to make a path to get cars out. But the main road leading to the driveway won't be plowed for awhile. 15" overnight in western WI. But life could be a lot worse. I know some people around the country are even more...

If you look at the old P/L threads, there were some pretty amazing numbers. Some folks were well into the 60's, and they were hugely profitable traders. But some are at 70% and they couldn't trade their way out of a wet paper bag.

This. Yes. Treat it as mathematical game. As I've said many times, my win rate is less than 50%. I'm not proud of that, but my risk management is superior to most. And that and my results are something I am very proud of.

I sure as hell don't. I never trade into high impact events.

I use Trade Ideas for a scanner. I look for very tight short term consolidations in stocks that are trading much higher than normal volume. My win rate over the last few years is less than 50%, but extremely tight risk management while having a systematic way of getting out of winners gives me...

You need to think about strategy without being tied to trading the same stocks day after day. ARBE was great for a few scalps today. I had never heard of it before today and I still have no idea what they do, I don't know what the news was, and I don't care.

Yes. Halts due to news pending used to happen all the time.