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I didn't read through this thread, but I think the going rule for trading is 10,000 trades, not 10,000 hours. After 10,000 trades, a person should have a pretty good idea of how to trade well and how the market is structured and responds to various stimuli, if they are taking feedback from...

If Asia and Europe end sharply down on Sunday/Monday, we could be in for another routing on Monday too. There is easily another 450 POINTS of downside risk in this market although I'm thinking we'll take the scenic route there unless some unforeseen catalyst triggers a crash.

You guys are crazy.

Hm, well I don't really agree with that. We're talking apples and oranges here with large specs and commercials. Yes they are two sides to one contract but comparatively, commercials have a LOT more to lose and are the greater actor in this scenario. Speculators are providing liquidity but...

My working hypothesis is that the seller is also the buyer behind the rallies; generating excitement with sharp rallies in order to simultaneously take off some size whilst continuing to build into a short position at the expense of the frenzied public and pension funds.

The most concerning thing about these rallies is that there is an enormous seller selling into them. At some point, he's going to flex his muscles and then everybody's fucked.

Yes, okay, that's kind of what I thought you were going to say. The only caveat I would add is that it is not solely large specs who are pushing the trend - commercials who are hedging short are the fodder for the long buying by LS, and vice versa. Without continued cooperation on both sides...

That's a bit presumptuous, all things considered.

Correct me if I'm wrong, but that report is showing that not only are large specs net long, but they have substantially increased their positions, yes? Where are the bearish signals that you're suggesting?

Awesome. Thanks very much.

Where can I find this information for myself? I'm not a technician or forecaster by any means but most of what you've copied/pasted here is economically sound information that concurs with my own market view. I'd like to see more, this seems useful.

Oh, I see. Yes, that would be frustrating. Not that I'm plugging AMP here intentionally, but they do offer a LOT of different platforms for free, so maybe you can find one that uses the same language and just transfer the work you've already done.

I have an account with IB but for futures I trade with AMP. Their intraday margins on the RTY are, no joke, $250/contract. Make a change if you're dissatisfied.

Don't flatter yourself, bud .Half of what you post is self-serving gibberish. I'll take the other side of your trades any day.

I've been using you as a contrary indicator the last couple days, no offense, but I can see your brain is stuck long so you've been giving me perfect short entries and exits. Don't be so sure about that short swing yet, there's a big buyer desperately defending 2750 so we'll see what tomorrow...

That was hardly a move.

You have never been, nor will you ever be, anything more than some random on a trading website. You don't trade, you don't make money, and your dog is probably the closest thing you'll ever get to an actual companion. Isn't this you here, bud...

That should tell you everything you need to know about current market sentiment.

Methinks the lady doth protest too much.

Correct me if I'm wrong, but you haven't called a single trade before the fact. Your 'trades' are complete bs and we both know it. I'd bet you're not even trading a live account or in real-time. If I start calling trades, people might actually learn something and that would be countertrend to...