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This one i say to myself often 'your first loss is the best loss'.

You & me both. In 2000 my CPA asked me why I traded Amazon so much - I went on & on explaining their disruptive business model & all that. I'll never forget what my CPA said: "Your going to feel really dumb when your older if that stock does half as good as you think & you don't own any...

Here you go - AMZN 8-31-1999 5 minute chart left side. APTR is the average price range over 10 bars (50 mins). The average price range in percentage over 1-5 minute bars from 1999 to present has been nearly identical. Not just now but over the last few years or more.

Another day with extreme divergence into the AMFAG (AAPL,MSFT,FB,AMZN,GOOG) mega tech stocks. The S&P5 & NDX5 are carrying the load. Historically narrowing breadth has been a fairly reliable precursor to some of the biggest turns. Not suggesting going short until it is clear we are on the...

A very fascinating read on this is 'Dark Pools' Scott Patterson.

Never saw the point of using a hedge being a nimble equity & futures trader trader. To each their own, whatever works for you. "I don’t really like hedging. To me, if something needs to be hedged, you shouldn’t have a position in it." Stanley Drunkenmiller "Hedges can be expensive and good...

The market is getting crazy - extreme FOMO. We know this ends but not how much farther it may go.

Do trend lines work? You be the judge.

Hold only the big name stocks, the most actively traded - those on the SPX100 for example are safer than most. Get out prior to earnings. Don't hold the smaller biotech or drug stocks - they gap the most. Over the long run, gaps in your favor should far outpace those that go against you if...

The worse business conditions deteriorate, the more the market celebrates it, with the assumption the Fed will continue to act like drunk gamblers robbing future generations to keep sky rocketing the net worth of the richest 1%. White collar workers are losing their jobs & not finding new...

When everyone gets to one side of the boat at historical proportions it may be a good time to get out of the boat or on the other side of it. Contrarian thinking is at an all time low while the herds FOMO in buying the NDX5/SP5 stocks is on par with 1999. Sentiment & momentum rarely turn on a...

Yes, you can trade the China A50 futures index: If you use IB the ticker is XINA50. Just keep in mind that the exchange is not recognized by the IRS as 1256, you will not get the tax break like you do for U.S. futures. https://www.cmegroup.com/education/files/trading-china-exposure.pdf

This is what a blow off top looks likes - all logic goes out the window. . It's the Fed's irrational exuberance, fixing a debt crisis from 2008 by taking the debt bubble parabolic. To bad tax payers will pay for this, future generations are screwed. The xfer of wealth to the richest 1% has...

hmmmm, could this possibly be a trend? Get it right & you to may become a trader. ATTACH=full]237980[/ATTACH]

Here is a good article on the narrow breadth now at historic levels. https://ussanews.com/News1/2020/08/23/horrendous-market-breadth-stinks-to-high-heaven-screams-imminent-risk-off/

From the Matrix select 'Axis', click on the arrow to increase or decrease.

Tradestation allows the DOM tick size to be easily changed.

The NDX100 - not many stocks participating in the rally.

It looks like that has already happened. Elon Musk said the stock was valued to high at $781 in May. No other stock has a relative strength remotely close to TSLA.

I smell a blow off top nearing - the breadth keeps narrowing & we have been stuck in rotations from the Russel to the NDX100, then visa versa. Not a very healthy market when you look under the hood. The Fed/central banks are causing a big distortion - they are the irrational exuberance.