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You guys should listen to Stealth Trader, comb through his other threads and see that he gives valuable, upfront information to newbies and encourages them to explore the truth for themselves. When I first traded, my first legitimate edge in the market involved a screening website for long...

STFU

I also agree here with dalodoma. Also the only way to detect a bottom here is based on sentiment, and seeing as I'm anticipating a crash... not closing out my positions until I see a panic article on the front inset of www.msn.com

First of all. Thanks to Digs for warning me about this, I have been studying and prepping for this since May. Up over 300% already, I will post a better thank you thread in a few days :) Anyways, those of you looking to establish new longs... not yet, it has not been a complete and utter...

Not over yet. Not a complete demorilization.

You never know if a trade will work unless you bet money on it. My stance: I don't see any support at 180 on the candle chart, and you are late to the short covering rally since there has already been a 50% retrace to 200. Spinning top doesn't mean reversal, it just means indecision and...

What's the criteria for a top 5% trader?

Gravestone doji doesn't look like that, that is a spinning top - a mark of consolidation. Oversold but... oversold can stay oversold for a long period of time.

Think of the market as a dying man. In attempts to try and save his life, you can put him on life support, do surgery, whatever it takes and it will only prolong the inevitable. When an institution or person obtains great sums of money, it becomes a notion in their head that they can move...

The fed injections only prolong the inevitable, which is disappointing since some of my options will expire next week. But if I can afford to wait and sit on my position, I'll be rewarded because the longer the prolonging of the inevitable, the more severe it will be when it occurs.

In my experience, on the short term the market is very manipulatable in the form of intraday trends or counter-trend moves. However, it is impossible to manipulate longer term primary trends. Dow himself couldn't have put it any better. If the market is going up, a 50 billion sell order...

LOLOOLOLOLOL

The beauty of trading is, depending on your strategies and setups you can be as involved in the markets as you want to be. You can choose to be completely immersive to the market and watch 10 markets around the clock, or take a more distant approach once you have gotten good (this becomes easier...

Funny how some of the other characters on the show were not portrayed by the "editors" to be full of douchebaggery

Phantom rally just came out of nowhere

Pretty impressive. Personally I would go up a timeframe and try to capture bigger swings with less trades, since 25 contracts on a small account comes out to like $150 in commissions. But profit is profit, well done

What a load of croc. He blames speculators for the recent sell-offs. In times like these, everyone wants to try to find a scapegoat for the reason the market goes down. In 1987 it was program selling and portfolio insurance (nevermind the fact that those played no part in the global wide...

My research tells me I'm looking for 11200 Bottom is about to fall out

He can't afford a real pistol!!

LOL call us wannabes, I can do my own laundry