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    What is your life's work outside trading?

    Buy1Sell2...how about you?
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    What is your life's work outside trading?

    ENTP...you probably have a good sense of humor then...as does my wifey.:)
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    What is your life's work outside trading?

    Lately...teaching a 9th grader how to box and coaching girls softball.
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    Is everything overbought???

    The only thing not "propped" up is commodities...in my opinion.
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    US Markets are too Easy to Trade. I am up over 139% ytd

    Good point, but his "ignorance" might be a little different in this case. He's always believed no one can time the market...so why try. He's astonished at what I do. I totally agree with your statement though. I'm sure there's a lot of 401kers that have no clue lol.
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    Too general..but best commodity to day trade

    I only follow price action. If it follows some trend, reversal, breakout, or S/R...it wasn't intentional.
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    Too general..but best commodity to day trade

    I only trade natural gas (NG) and gold (GC). The nat gas contracts are cheap and you could try MGC for cheap gold contracts. I love the volatility and emotion of these instuments...good luck!
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    US Markets are too Easy to Trade. I am up over 139% ytd

    My dad bought a shit load of mutual fund shares in the early 80's and he's still holding them. Unbelievable patience and discipline...he is a wealthy man. I don't know how he's held through four or five bear market crashes, but his strategy has worked very well. Is this the strategy that some of...
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    Gold

    I don't use it for day trades or swing trades. I use it for investing purposes though...when and where to accumulate mining shares. I don't really invest that much in the metals...mostly junior miners right now.
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    Gold

    I don't know why I can't get most current chart, but this is a chart of managed futures (hedge funds) long and short through 7-24-18. The hedge funds have been a dumb money indicator for the last several years now.
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    Gold

    The mean reversion trades are very profitable...probably my favorite...they tend to be profitable immediately. So many "trends" are a psyche job to suck traders in before the reversal, in my opinion. To me, trends definitely aren't "obvious", but there's more than one way to beat this game.:)
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    Gold

    I day trade GC everyday. I've never looked at what the trend is supposed to be. It's all what price action does. Many trades are mean reversion.
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    Gold

    Yes, zero sum. Total of large specs plus small specs should be inverse of commercials. I'm always talking about the large specs positioning because that's what I believe is key. They're usually net long, but their short positioning swings from extremes...just like right now. It makes sense the...
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    Gold

    Whenever someone says that, I ask "the trend from when to when". Example: From 2005 until now GLD +160%, SP500 +140%. Gold has outperformed the S&P for the last 13 years? So, is gold still in a bull market? Just being a devil's advocate here.:D
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    Gold

    Something to consider: Speculators are hedge funds and retail. One is more short than ever and the other is long. Who wins? The larger of the two? Commercials are bullion banks (JP Morgan, etc.), mining companies, and jewelers. All seem to be more neutral right now. Is there a contrarian...
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    Gold

    Yes, I could see that for short term signals, but what about a month or two out...or longer? The COT combined with some TA can be enough for a monthly position trade. Many times these hedge funds get caught on the wrong side and now we have a short squeeze for example that can last for awhile. I...
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    Gold

    From what I understand there's usually been more long positions than short positions through every kind of market. What everyone watches is how short positions go from heavy to light. Sure, long positions change too, but there's always a certain percentage held...do to hedging purposes I...
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    Gold

    Interesting. I've never used "retail" to determine sentiment in gold. Always looked at the commercials vs. the large speculators. Currently, the large specs are holding massive short positions...they're usually on the wrong side. As far as gold being a feel good trade, it hasn't made me "feel...
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    Malicious Multinicks Stalking

    Pioneer Week was the best! Back then Chico didn't have the open container ordinance, if you were of legal drinking age...you could walk around with any open bottle and not be harassed. Unless of course, you looked like a little kid or you couldn't stand up. LOL I use to live in the apartments...
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