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  1. Chris Mac

    Discipline

    Bravo. Discipline = control = cold blood= win Indiscipline = emotion = gambling = lose CM
  2. Chris Mac

    SP500 - High Probability predictions for 2016

    Ahah, for many reasons : - If someone shows me I am wrong, I learn. - Sometimes it is better to write rather than trading and vice-versa. Personally, inactivity can save money, and I am more patient with my positions. - At last but not at least, English is not my mother tongue, I can practice...
  3. Chris Mac

    SP500 - High Probability predictions for 2016

    I understand and agree with "the will for (world) recognition". This is human nature. For example, we had famous multimillionaires traders who wrote books : Stan Weinstein, Marty Schwarz, Peter Brandt, Vic Sperandeo etc. They wrote long time ago after their career... Because they wanted others...
  4. Chris Mac

    SP500 - High Probability predictions for 2016

    Thank you for saying evidences and other blah blah, but I didn't talk about holy grail ? I just said that if you are successful for more than 20 years, I just hope you would not need to improve your ego in a forum. PERIOD. CM
  5. Chris Mac

    SP500 - High Probability predictions for 2016

    20 years? Don't be naive. If you are well off during 20 years, you don't need to boost your ego in a forum. His posts show he still needs to improve (a lot). CM
  6. Chris Mac

    SP500 - High Probability predictions for 2016

    Great. Same for me. CM
  7. Chris Mac

    SP500 - High Probability predictions for 2016

    Bravo ! All is said. +1 Best 2016 post. CM
  8. Chris Mac

    SP500 - High Probability predictions for 2016

    I agree, but the thread at the start was about a bet that Autodidact took for 2016. Public calls like these are courageous so I can t accept Stewie trolling. Too easy, and noobish too. CM
  9. Chris Mac

    SP500 - High Probability predictions for 2016

    You are a noob. You think it was difficult to be long today? For example I was dead short 3 days ago, i am dead long today and there is nothing special. We are numerous to do the same! But noobs like you are even more numerous! That s why we make money and you lose. Learn rather than argue. CM
  10. Chris Mac

    Anyone use oscillation indicator (Stoch, RSI etc) ?

    Personally, I use max one indicator, because : - they give quite the same signals - you can't focus with price action if you get several indicators. RSI is simple, works with every assets, gives less false signals than stochastics, so it is my favorite. IMO, there are 3 ways to use RSI : -...
  11. Chris Mac

    Put Options Question

    Options are for pros or experimented traders, obviously you are not. Moreover, this is not a good period to learn how to trade options. CM
  12. Chris Mac

    My All-Time Favorite Quote... applies to trading

    For sure, Sherlock would be an amazing trader ! Observing is not that easy... Because you need to observe the good asset at the good time... Then you deduce. Majority doesn't see the forest from the tree, and lose. CM
  13. Chris Mac

    Interesting Start To 2016... "sort of" like 2008?

    Peter Brandt, who is an expert in chartism, thinks H&S is not valid this time. Indeed, volume are too high during the second shoulder. Romik, what do you think? www.peterlbrandt.com CM
  14. Chris Mac

    Whats happening in China

    Thank you, very interesting. Well, I use mainly technical and price action indicators. ST Trend is bear for equities. Look at moving average : they are at least as ugly as August '15, and begin to be similar with 2011. So, IMO, we are not facing a classic 10% correction. Another indicator to...
  15. Chris Mac

    Whats happening in China

    Interesting. I assume we didn't face this heavy backwardation in August last year? What is different this time? Because all my indicators rise red flags, not yours obviously. CM
  16. Chris Mac

    Real Edge is rarely shared

    One of the most famous edge in financial markets was the negative correlation between s&p and T bonds. Marty Schwartz was one of the first to exploit it during the 80's and became milionar in 1 month. Indeed, at this time, equities trader looked only at equities, bonds trader looked only at...
  17. Chris Mac

    Martin Shkreli Keeps $45,000,000 In Etrade Account

    Nope ! Money in the bank... can "disappear". That s why you should withdraw money regularly and diversify. Because money in your pocket is in your pocket. Remember Lehman, Northern Rock, Madoff, MF Global, Chypriot banks etc. Btw, it is quite obvious Shkreli is a cheater and a liar. You don't...
  18. Chris Mac

    China's stocks trading suspended again after tumbling over 5%

    So arrogant. Of course US bankers and traders didn't manipulate subprimes market during 2004/2008. It should be a "myth". Sure, that was a long time ago. Difficult to remember... Of course New-Jersey's HFT traders don't manipulate quotes, do they? Of course Fed is not artificially inflating...
  19. Chris Mac

    Who do you "follow" on ET

    Maybe because you are older ? Maybe better? Maybe what seemed valuable for you 10 years ago seems noobish today? But I don't think you got more good traders by the past than now. I think the opposite. Competition is increasing years after years, thanks to easier access to trading. If you don't...
  20. Chris Mac

    Nice article on the "illusion of control"

    An excellent read for everyone. Luck and/or opportunism are parts of the game too, a good example here CM
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