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Wish I could get the poll option to work, but I say 1. No more, no less. This will allow maximum flexibility in designing and optimizing other parameters with the ability to mathematically differentiate what is and is not a trading opportunity with a consistent standard. Any other...

You should do yourself a favor and put that guy on ignore. Anyone who says "trading is simple" is blowing smoke or doesn't trade. Does it get easier? Sure, once you've put in the screen time and developed a coherent framework. To say that it's "simple" to get to that point, though, is...

Oh, I get that as a rationale and maybe it does put QE3 on the table. And maybe when QE3 is actually announced, it will sell off, in accordance with that other saying "buy the rumor, sell the news".

Hey, man, that's why the saying goes "Bull markets end on good news and bear markets end on bad news" and not the opposite. To take your China example, a few months ago, they were being touted as having managed the financial crisis almost flawlessly and now they are down in the dumps. Clearly...

Every time I see a thread with a topic like this, I get deja vu. Has anyone ever started a thread like this and gotten a satisfactory answer to the question of why the market was up? I doubt in the entire history of the Internet, that's ever happened.

It depends on the quality of the journal and the willingness to occasionally eat crow on the part of the journalist. It is not a part of the site I frequent, but I see the same journals pop up in the most recent posts list again and again. That handful of long-running journals that must be...

Right, but daytraders don't really make calls in advance anyway, so no one would really expect them to do a journal. The calls in this thread were much more swing-oriented, or, in one case, calling the next day's likely action. That kind of stuff can be done in real-time in a journal, if one...

I know, man, just a little gauntlet-throwing. For those who feel the need to make calls, Journals are where the men are separated from the boys.

Would the guys who are going to tout their calls please just set up Journals? At least then we'll know who's cherry-picking and who can actually do this consistently.

Yeah, I posted a few days ago on another thread that they would probably eventually pull out the "police" analogy. I mean, it is true, but you are right that, if that's the case, customers need to be able to protect themselves before the fact, not rely on the courts and regulators after the...

Yeah, I can see we operate very differently. When I'm in between trades, I'm agnostic about what direction my next trade will be. I wait for the market to tell me. I would also never use Europe as a confirmation of anything other than itself. Between 3 AM and 9:30 AM Eastern there's enough that...

So I take it you knew what was going to happen today? If you didn't, what makes you think your forecast for tomorrow will be any better? Tomorrow will be exactly like every other day. Good traders will make good trades and bad traders will make bad trades.

I bet tomorrow will be even easier! I'll tell you all about it at the end of the day! Full disclosure: No trades today. 6 Signals, but all got filtered for one reason or another. Too bad that downdraft was so strong or I'd have been riding 3 longs on the ES, Euro and Crude from right after...

Quite convenient that the market always sets up at a time ending in 0 or in 5. Where's the love for times ending in 1,2,3,4,6,7,8 or 9?

So just short the damn stock. Who really cares who the CEO of Yahoo is?

Well, dude, if someone can't take the time to read the post card and follow-up, that's pretty much their fault. You guys are talking in the abstract, but I've always found actual case citations more convincing than conspiracy theories. I'm an empiricist like that. I'm not saying that these...

Yeah, it is. I also don't think they've rewritten bankruptcy law just for the MF Global case. Anyway.

Do you even understand the concept of "splitting"? That's what it means, that the person with the bigger account gets more absolute dollars back, obviously. Anyway, this is clearly a waste of my time. I'm just going to put you on ignore.

Wow, so you conclude from that that smaller accounts will get screwed? Nothing in that blurb goes against what I said is the legal standard, which is that each account holder gets a proportional amount relative to the total recovery. That there are two entities fighting over which assets go...

What information do you have that leads you to conclude that these cases will be different from the cases in the past, since you obviously can't find any historical evidence for your claim? Why do you have to insert your ignorant opinion into the matter at all? Just leave it be. You don't...