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That was seriously the fastest bailout I've ever seen, as if "BTFP" already existed and they were just waiting for the first bank to go belly up. Now Goldman is guessing the Fed will put hikes on hold. Futures are skying...

I'm rescinding my pivot perspective from a few pages ago, because two banks just failed. Long term chart counts out to a possible 5-3 pointing downward, and so does the latest MA bounce signal, however the daily and weekly timeframes are showing opposite directions. Even the T/A seems to be...

Threw in the towel, waiting this one out. I always seem to put on size before taking a loss. The only solution now is to always trade big!

Wow what a change! Stepped away for a few hours and the setup is obliterated, but the longer term one is still partially there. Holding for now.

Weak pivot but a potential reversal here. Holding 200 tqqq with fingerz crossed

Everyone looks at the market in a limited way, because of how huge it is compared to our feeble minds, however the incentives involved are very simple. Everyone wants to take more money out than they put in. There are only three wayz: 1. Buy something that generates money 2. Buy something...

I've tried and failed to emulate Soros, Buffet and Rogers. Perhaps their methodz were good back when CTA trend followers were pulling 20% years over and over, but something may have changed in 2008. Now I think the market is a jungle, and everyone is prey. But there is an order to the...

Last month's action looking suspiciously like the classic "abc-12" trend pullback setup. The final "abc" could still just be the start of a "12345", too early to tell. If it hooks up here, or slightly lower on the .618 fib it's probably gonna fly (in the face of all the pessimistic newz out...

That is awesome. Selling options is like printing cash! Maybe one day I will have the nerve, but tail events claim lives in that business.

Sqqq, but point taken - this thread is for brave futures traders who swing 10x the size I do (mininum). One day I'll man up. Not having overnight surprises would be very nice!

Out on the gap close

Sqqq from an hour ago, holding

Dow theory buy signal barely missed, but now there are multiple pivots ready to launch on all weekly indices. Newsletter services are getting very pessimistic. Imagine how angry the youtube gurus will be if it explodes here, for MAXIMUM PAIN!

The best stop loss is not being anywhere near the whipsaw move that turns your gainz into a very angry ending! It's OK to take modest profits, over and over again. As long as you avoid danger and never get into a position where the overnight move can wipe you out. If you become obsessed with...

There is no perfect trading approach. You need to be tough to survive this game without loozing your mind. When in doubt, get out!!!!

Not much interest in this topic so I'll wrap it up (and spare you the calculations) with a final thought. There are two dimensions to fundamental analysis, the "top down / bottom up" dimension which is just macro / micro analysis. Then there is the "absolute value / growth value / impact...

Market burns!

Good question. Risk management is like not taking the stroke poke until after enough people survived without adverse reactions (or the animals did OK in lab testing.) Money management is like stopping taking shots (NO BOOSTERS) after your body fights for its life and wins, after the first one...

All last year the chart looked just like before the crash of 2009. We're now seeing the first major departure, right around the time banks started failing. Do crypto exchanges count? Rumor mill has it the Davos event is half the size of normal, just like in 08.....

I love T/A and have obsessed over it since the 2005 top in housing. But even then, prices were just too darn high and I knew it, being about to graduate with an engineering degree, job lined up and couldn't afford to buy a starter home in the outskirts of Portland. And there was this blog...