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Of course there is. There's a reason certain people have traded for decades and been consistently profitable almost every day and certainly every month. No, I am not claiming to be one of them yet, I am not certainly not. Your statement is pretty illogical though. You didn't specify any...

Not saying its easy to trade or always see, but once it gets going in a buy or sell mode it's actually trending reasonably well. The only difference of course the ATR moves are a lot bigger, that's because larger charts / larger players are currently active. To counter act that I am...

Currently: #1 Smaller position sizing and trading larger charts (for me this is a must in this environment) #2 Overbought and oversold (Wait for trigger / signal to generate short or long before taking trade so higher probability the overbought or oversold area's get filled in a timely manner)...

Yes, great post. There's a multitude of factors all coming into play all at once. So far FED actions haven't done anything either, plus market's were already primed for an excuse to go down.

There isn't enough bid in NQ, ES or RTY right now to lift it. If not enough bid it won't go up. The Dow Jones is currently trading slightly above it's limit down. EDIT: At re-open tomorrow there's a 7% (15 min halt) 13%(15 min halt) and than finally a 20% limit down.

NQ just went up 30 points, that may have been him buying.

I'll just look for setups I know and trade them as they come, but given how low CL went and the action afterwards, this is looking pretty bad. Hopefully there's some back and forth, but without some type of announcement I think the probabilities of a lot of back and forth are a lot lower...

I wasn't seriously asking / saying that. It was a rhetorical question just FYI.

but if your part of the big boy network shouldn't you of been advocating for the short position, since you know the playbook you would know the shake out is coming or am I missing something?

This type and level of deflation is not something you want to see for a sustained period, considering how far down the path we went already, unless you're looking for some type of hard reset. Unless that's what you're looking for I don't see how lower fuel cost will out weigh all the negatives.

the cost of those cheap pump prices, could be pretty expensive. CL trading at these levels, is extremely dangerous.

Yes, it is disgusting, if I made what they have made so far I could literally retire. But they put it a lot of hard work, had some luck and definitely took some risk to get where they are.

To me trying to analyze and predict the economy is way harder than trading the markets. So, it's always impressive to see people doing that and than basing trades off of it. For me would just add in another complicated factor, not to mention timing issue for me to get wrong. It's...

I am averaging 1 losing day per trading month, with my losing day not being bigger than my biggest winning day. I am not really making a killing though, just a consistent amount that I can live off of of currently. Other traders I know that do it full time and are way beyond me as...

The bottom line is you get these extreme moves from imbalances of buyers and sellers. It doesn't matter how bearish the market is overall, all it takes is for the selling to let up briefly, and if there's no selling supply for the shorts to cover the market has no where to go but up...

Well no that doesn't mean our bet size is limited, maybe in academia but not in reality. I trade everyday with one goal in mind and that is to be green at the end of day. I don't limit or confine myself within rules that others make. They could just be repeating those rules, because...

Not that I am aware of. Some brokers will you give a margin credit from small to large if for example you're long 1 NQ in your main account but short 1 NQ in your sub account or long NQ but short MNQ etc. But SPY isn't always trading when ES is, so you'd have to get some kind of...

Come on don't be ridiculous giving a straight forward no nonsense answer that makes sense. Throw me up a speculative news article or write me 2 paragraphs of why it happened after the fact.

Like just for entertainment purposes you mean? What good would an explanation do, even if we knew the exact reason, it would just be people back trading and telling you why it happened after the fact.

Oh sorry I was mainly speaking just in general. I just saw your post about CNBC, so I quoted you so you would see the last part of my post. I should of been more clear. I should of just made a post and than ask you separately about your CNBC comment. I was just saying I've never...