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If only I had locked in that $2k profit on SQQQ and $150 on TQQQ before letting them "run" (retrace)..... This may be why automated trend followers are so big on psychology and working out your issues. Even when you come out ahead, you're never really right.

I agree. Very few stocks are showing any bullish trends, but a couple others are UAN, AZO & OXY. The world is still gonna need farm equipment, fertilizer, auto parts and fuel, even in a recession. :)

Looks like it was wrong to abandon my long yesterday. Nice bullish divergence starting to show up on the daily, and also on many stocks. Bot 10 DE for a longer swing trade, slightly above its pivot and a little late but still in the buy zone. Nice relative strength compared to the main list...

Some boxers have a natural talent for punishing their opponents. The rest of us start by learning defense, and then we begin anticipating what the predator standing across from us might try to do, typically something confusing that induces us to make a mistake. By anticipating our mistakes we...

SPY showing a mature wave count and momo divergence. Got shaken out of a small long today during the AAPL puke, now flat. Waiting and watching until something makes sense. Here is one option:

I appreciate this info, as a student of the market which seems to have a very sick way of punishing everyone.

What we really need to know is when @Overnight starts to get bullish.

I like the OTO system you have, buying on trailing stops. Years ago I wished a broker would offer a contingent trailing stop triggered by some level or indicator, for tightening the exit once a good profit is there. Tradestation came the closest with their trailing stop, which was based on...

Not me, I want money. Piles and piles of money!

Position got nasty in a hurry. May have been better to book those profits this morning (a common theme so far). Out just above the original pivot. Talk about regrets. Nothing about trading feels good. Even when you're right you're still wrong. I think losing open profits feels 5x worse...

Behold, the theory of the market inflicting MAXIMUM PAIN!

Very strong open after an overnight levitation session. Position profit is now enough to buy something meaningful and I'm back in the psychological danger zone. Switching to hourly bars. What's usually running thru my head by now, if I get this far, is "it's at the top of the channel" or...

"In the short term, the stock market is a gambling machine. In the long term it is a weighing machine." -some billionaire

Definitely the unexpected outcome, if the sentiment two days ago is any guide. :)

Position looking good, not as volatile as the last one but this is typical of flags. Price never moved below the "pivot" where I got in, and is progressing nicely after hours. I believe this is what Mr. Livermore meant when he said a stock is acting right. Since this is countertrend I have a...

I'm no Guru but don't we seem due for a messy "fake" recovery period after the first leg down? I've seen this on a lot of old charts of busted parabolas, bear markets and penny stocks when they run out of fuel:

Epic flying flag formation, doesn't even have a pole. Total windsock.

Checking out a 25 million dollar, 7000 acre ranch for sale. No I can't afford it!

Long 100 Tqqq, timeframe ~2-3 days hold. Still in a daily down trend so this is a countertrend position to catch the short covering rally to follow that huge reversal. Wave 3 is the only one worth trading, if 11 years of losing taught me anything. :D

I like him for this quality. Like a terrier that won't shut up, but it is what it is, and useful at times. I also appreciate your insights. Really makes me think about what I'm not seeing.