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Sure feels like it! :cool:

Long SHLD @ 56.71, Stop 55.35: 100 shares for 1% initial R

I recall Paul Tudor Jones quoted as saying EW allows him to find setups with high reward to risk. He also said that Bob Prechter was one of his favorite analysts. :eek: Granted, this was in Market Wizards 1, from the early 90s.

Either that or he's sitting out the falling market.

I believe addiction = harmful compulsion that can not be stopped without serious pain. Obsession = captivating fixation on something. So if you can take a break from trading, or stop when your equity curve falls below your risk limit, it's probably just a safe obsession. :)

One way of making rules is by p/l analysis of their effect on your account during past market behavior. If the market has changed, rules may need to be changed. If the market has not changed but you have, same. If the market has not changed and neither have you, perhaps it's not the...

Greetings. No wild updates or equity swings to report. I'm still out of the market because the only opportunity has been countertrend (short) and I'm just not in the mood to try to pick off retracements. This is a good example of why I have chosen the third wave breakout trading method...

Kudos for keeping track. Only you know how much you are willing to give back. You are ultimately in control. :cool:

Kudos for respecting your risk threshold.

If we don't rebound here, the picture will start to get scary.

I was a tradeking user for a couple years. I had no problems (other than my lack of risk mangement) :)

I'm expecting it to go up, simply because the market "broke support", according to the news headlines - sell signal for old school TA / trend following traders.

I believe Blowingup was posting pictures of Caption Obvious when harping on his bullish opinion of gold. Maybe "the obvious" is not so obvious after all!

Stat Arb

I'm not ashamed of underperforming your superior system.

After some light investigation, it seems what's driving the move is a pending FDA approval (or popular speculation thereof) of their drug. Evidently it treats low testosterone with oral methods. :eek: Look at the momentum divergence. Even a classic range expansion, right out of trend...

I've been sitting it out this week because I haven't found any good tail prospects. However, I found this curious tail forming on the top gainers last Friday. I didn't touch it because my mind was on work, but after doing a wave analysis, I think it might be worth watching. We've got...

I suspect he flogs unsuspecting victims with random accusations, hoping they will "prove" him wrong by posting their code. If I gave him the four lines behind some of my small cap stalkers, I doubt he'd even thank me! :D

Jack Hershey method. The only other thing that comes close is price physics.

Indeed, it is. It's called equity curve trading. :)