Search results

Long RIMM 14.20 stop 13.45; 500 shares for 3% initial R

Someone who is crying for attention?

... your user account

chaosclarity

Finally, a name and face to represent all those option writers who got little pieces of my account, years ago before I respected TIME DECAY. Talk about an edge.

........ and it is filling the gap, as expected. My "system" didn't clue me off to these outcomes, it was raw uninhibited subconscious intuition gained from experience and The Infinite Source. :eek:

Retail traders, range traders, price physics pairs traders & fundamental analysts, along with day traderz

My subconscious was right on the mark - The Market sold off as expected.

Slept in a little today to find The Market blew thru the bear flag and the C wave is on. B wave breakout on the hourly chart. :) My spidey senses are not picking up a decisive entry point yet because of the gap up on all the inverse etfs. I'd need a 5% stop to get in here and that tames the...

It's actually very easy when things are going well. When they're not, you cut losses and sit out. So many blowouts could be avoided by sitting out when things aren't going well. Sticking to plan, controlling risk and quitting when The Market is not appreciating your service to it.

Third wave, all the way. Only way to trade.

And you can make any normal trade a Konviction trade by pyramiding in capital as you tighten your stop, provided the price moves favorably. The result: huge position size while maintaining the initial (tiny) risk.........

According to your model, The Market will go down tomorrow with some chop. Your OFV is 20 good to the tape. :D

If you turn off log scale his trend line shows up.

When I've given up thinking about how much money I could make by trading, rather how I will protect my capital, I've made the best trades. My worst have happened when trying to force a trade when the setup wasn't there, saying "let's try an experiment" as I removed my stops and went all in with...

The glorious Third Wave....... a sight to behold. I call them tails :D

I don't predict what will happen, I predict that if it happens, it will reward me at a multiple at least 3x the amount that would lose if the desired case does not work out. I also predict that I will not allow The Market to take more than 5% of my account in a week. I also predict that...

My original point is as valid here as in your journal: success in any speculative venture is all about the risk:reward ratio and the bet size. If the trader can't size up the likely minimum R multiple for every trade, it's guessing. You are either the player or the game. You create the...

So we all anticipate the SP500 coming down from the bear flag. This consensus makes me nervous... traders rarely agree!

And you're more than a little negative toward other traders. If you don't believe risk can be minimized, it probably won't...... in your case