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Another great post! Wish there were more threads like this one on ET.

Good job! And I also agree with closing out your positions @+7% being 3:1 I've been looking over your calls, and have to point out the fact that your indicator seems to really work for you on a day basis vs. swing in this environment. Have you noticed the accuracy of your calls are better...

Stunning!!!:eek:

LOL!!!!!!!!!!!!!!!!!!!!!!!!! I had to print that logo! I may tape it to a monitor if I get audited:D :D :D )

Another day trader's market. Reversal after reversal.

Looks pretty bad out here right now. Credit spreads widening, headlines are bad. Good day to be short, no question.

Nope, all of us. Emotion is something every trader has to do battle with on a daily basis. For example, look at a follow through day. 70% of the time, follow through works, and the trend is in place. I was looking over several things last night, paused for a minute and said to myself, "looks...

There you go! Up 150bps so far. Now up 435bps at 10:07am! Great job!!!!!

I'm sensing some emotion in the thread, and we have to kill that quickly. Emotion and trading = pain. We all have our biases, but they need to go in a trash bag. Easier said than done, I know. Best thing is to be the "tiger" laying in the bush waiting for an injured deer to walk by. No need...

Sectors down today except for tech. Retail sales down for a second month 50bps. Mixed bag at this point. I'd say you're smart to stay on the sidelines for now. Covered all of my shorts last week. Longs aren't doing anything to write home about.

Agreed!

The markets are not random. Sorry

Yes, bullish. Since follow through is found to be 70% accurate, I've been buying since Monday. Short of being related to the late Mr. Gann, I like to use a follow through day (usually day 4-7) before putting the $$$$$ in harm's way.

We followed through. Hang in there.

So everything Gann did was useless?:confused:

Hey bro, nothing on my long list should be bought today. I've been looking at the grocery list, and wouldn't touch any of them unless you're very aggressive. I covered 2 more shorts today, and am only holding 4 now. Probably going to BTC TSLA and lock in that profit. Still mostly in cash...

Tiger Shark... Thanks for posting this thread. Should be a breath of fresh air compared to the other threads here. "Beddy bye" time for me.:)

Hey, you did good! Rule #1, try not to lose money! Got my "grocery list" ready (longs) if we follow through. :)

This should be a good thread!