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A Manufactured ‘Crisis': Congress Can Let The Post Office Save Itself Without Mass Layoffs Or Service Reductions BY ZAID JILANI SEP 28, 2011 11:40AM Both the news media and a number of politicians have claimed recently that the U.S. Postal Service (USPS) is in “crisis,” and that it is...

Stupid and irrelevant question. Amusing that you think the only people who should be concerned about the fate of the USPS are those with personal connections. It is a vital agency, regardless of whether YOU think so or use it or not.

Leave it to the righties to come in with their horseshit explanations. Newsflash: none of this would be happening if the lameduck Republican Congress of 2006 hadn't passed a last-minute bill designed to destroy the US Post Office at the bidding of Fedex and UPS. The USPO is now required to...

Rules 11 and 12 should be obvious. Trading with the Trend is ancient wisdom.

Proven fact: your trading account will grow fastest using the Kelly fraction, which is based on trade returns, not 'bliss' in any form. Most traders get it wrong by using the conventional formula (average gain, average loss, winrate). The formula you need is much more detailed than that...

Please define what you mean by "swing trading". I've seen so many different interpretations, I don't know which one to believe. Thanks.

Great thread! I'm interested in Principle #4. Has anyone succeeded in trading it? " Principle Four: The Market Alternates between Range Expansion and Range Contraction"

LOL at his position sizing. He wants to maximize his 'bliss'. Me, I'd rather maximize my profits. :p

Yes, MA crossovers are crude tools, which is why their users get killed in chop. And most traders never get beyond the crude-tool stage, be it crossovers or breakouts. But with the right trading instrument(s) and some luck, even crude tools can get them to the finish line.

There's nothing about the SP500/300dma crossover that looks "grailish". But a backtest would reveal whether it was truly profitable long-term (newwurldmn indicates otherwise) and might even help reveal what the optimal MA crossover parameters would be. Untradeable info of course --you can't...

Of course but what do you expect? There is no backtest archive or database. There should be but there isn't. You pick up the average TA book and it doesn't even mention backtests for fear of pointing out just how bankrupt most of the book's content is. So elementary stuff like this thread will...

Except, as a previous poster pointed out, there's no such thing as a nut trade. If the OP was really able to pick out the best possible trade in any situation, he'd be rich already and wouldn't need (or even want) to vend anything.

I'd be interested in seeing how well this strategy compares to the golden cross and death cross strategy.

Yes it is. I never meant to imply that entry strategy is the most important part of the trading plan. It isn't. My belief is that entry strategy, exit strategy and risk management are equally important. None of them should be emphasized at the expense of the others because they are all...

Not clear to me what you mean here. For example, I'm a trend trader. So my entry rule is simple: "Trade with the Trend." The development of the trade is secondary to the entrance because there is no trade until there is an entrance. The development of a continual understanding of the nature...

I'll never understand this mindset, this notion that entrances don't matter or are entirely secondary to other parts of a trading plan. Makes no sense to me. The reason most losing trades are losers is precisely because of lousy entrances. How could it be otherwise? Cutting Losses Short is all...

That excludes at least 90% of trading book authors. :p

Silly comparison. SLA is proposed as a trading strategy, specifically a trend trading strategy. Nothing vague or useless about asking whether a trading strategy works. BLASH is a metastrategy that describes so-called counter-trend trading, i.e., attempts to call tops and bottoms so traders can...

Seems like he would've dropped some hints during your conversations. For example, is he trading trends or mean-reversions? Is he a pure PA guy or does he use indicators? One question you can ask without making him think you're just a poacher is "If I wanted to learn to trade like you do, what...

No. Dbphoenix was always very coy about whether SLA was discretionary. Sometimes he seemed confused on the meaning, indicating the difference between mechanical and discretionary was automation. As zbestoch illustrates, that's not it at all. A mechanical system can be traded manually just fine...