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I have a couple books in my collection of wykoff methods, but haven't bothered looking yet. Maybe one day... but I'm not willing to put too much FAITH into it.

First of all, EVERYONE thinks they are a winning trader. And the more they are new to the genre, the more they think they are a winner (or wins are owed to them). That said, paper trading is only for getting used to a NEW platform, or testing when something with the interface seems wonkey. For...

Not always... going by that definition sometimes it will fill in your favor.

Nope.. Crash of 87 was. Ask Buffett who's seen it all. 87 literally meant the end of the world as we knew it. Exchanges around the world had already started to shut down (planned permanently), there was not even arbitrage available as the S&P futures got totally unlinked and no one even could...

A general rule of thumb... Look for highest traded volume.

So, about those ridiculous BITCOIN WILL REACH 1 MILLION BY END OF 2021 millennial comments last year. Interesting how we did not even reach 100K. How come everything is still red brown cow?

You forgot to mention the weed stocks and SPACs mania...

I've noticed that people use the term 'slippage' now in a vary vague sense... so depending on whos talking it may mean different things. Generally, this happens is illiquid markets, when say Renaissance used to purchase S&P Futures a generation ago, the price would slip away from them because...

I have run out of count on how many times O'Leary was so far off the mark. Basically shorting anything he does or tries to sell you on, will make you profit. The fact that he is bullish on Bitcoin now, is pretty much a sure-fire sign that the top is in... p.s. - I had the unfortunate...

I forgot to add, I did enjoy SOME of Neiderhoffer's humour. Such as every time he kept poking fun at the Motley Fool's buy suggestions... Now I'm switching to some Jim Simons stuff, 'The man who solved the Market'.

Oh come now, Peregrine Financial Group didn't take that many decades for the scam to come to light :) After all, it took a LOT of effort for Wasendorf to forge a bogus document here and there to keep investors away. Even when one of his secretaries tipped them off accidentally. "Oooops, our bad...

Cramer needs to invite Pelosi on the show...

I'm not too terribly worried, left myself a big cushion of excess liquidity under me... just need to hold my margins until my shorted PUTs expire in the next 1.5-3 months out. I'll re-evaluate what to do by then if I'm still ITM. Of course, looks like everything blew right past my strikes on the...

Well, since you bumped this thread up :) The last time I heard the term "Bottom Fishing" was after Kraken's 2nd flash-crash. A bunch of people got liquidated and it caused one hell of a mess with lawyers and compensations etc. Turns out, crypto exchanges have this happen all the time, which is...

Last night I came home and noticed the crypto markets were crashing down 10%... red across the board. I wasn't surprised, as Tuesday (Canadian markets were closed on Monday) the markets shot up so high and fast that was certain to be leveraged positions. My theory on Tuesday was that there...

Trying to still get to KNOW what I DON'T KNOW. And there's a never-ending list of that stuff. Been told by x-floor traders you never stop learning options. Kind of like with Hold'em. I am also trying to catch up in a book I've had kicking for a while. Option Volatility & Pricing. There's a...

Well after today's shit-show... I see we hit an ALL-TIME new low for the HOOD. Closed at $15.58 for the day. At least we hit a new record (and that's the good news). Bad news, is she touched down in the $14 range earlier today... Let's see how far down the rabbit-hole the bag-holders go....

Looks like no worries with BARKK just yet... Still a bit of equity left to short before the dog finally dies.

To be honest, I'm starting to get more worried this evening. We are going back into lockdown here, and government officials have thrown in the towel here and basically say there's no avoiding getting infected. Canada isn't even testing anymore, as we don't even have enough to go around, they are...

"Wen Lambo?" [sic]