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Clever Hans. (I am sure you get the reference.) I came by that little piece of NQ advice the hard way: by losing money. Day after fucking day for six months (I was laid off and using the great state of California's unemployment checks to trade and drink), I traded NQ, adjusting my mental stop...

Most of the hoo-rah here over Jack is about his intraday ES method. His swing trading stock method has much clearer rules and appears to work. And the "Jackpeople" don't go bust. They never progress past paper trading the intraday method! Paper trading it apparently suffices to produce great...

I was referring to Jack's dictum never to take a loss. He calls that "washing" a trade. Everytime I read trading advice I mentally convert it to an algorithm to see if it is well-formed. That one failed the test. For NQ I try not to lose more than three ticks: two for the trigger and one for...

Steve. I very much doubt that Jack resents my ragging. He gets to use me and the rest of the B-Team as bad examples. He gets to appear to be magisterial compared to me. He has even on occasion admitted that he learned something trivial from me. Because so many of his detractors have grown weary...

Your grammar has taken a drubbin', drobin.

Damn I'm smart! I'm long the dollar in my wallet and checking!

That article made about as much sense as me telling you my dick deflates at night and inflates in the morning.

The market is like a whore. Ask it what you can get for fifty bucks and see if you like it.

Take that $2500 and get laid as much and as well as you can. That is at least 25 nights' worth of pussy, even more at the all-you-can-eat buffet. You can always learn to trade when you're old like me. But you will not always be able to get it off five times a night. Heed the voice of experience...

BSAM. Thank you so much for your defense of my woefully deficient character. I fear that the younger generation hath no classical education, and are innocent of Swiftian wiles. Or even Shakespearean. Or Voltairean. Or to the ultimate origins, Odyssean or Gilgameshian. "Oh, Polyphemus, our...

Jack. A little advice. I recommend that you write your magnum opus as a series of vignettes. IMO your shortest work is your best work. It seems to focus your attention. Which seems to be increaingly fleeting. And your readers are less likely to fall asleep. Make each post a sparkling jewel of...

You laugh. I'll tell you the real reason I quit going. I am a cock hound. I never saw ONE good looking woman there. I don't trade for the money. I trade for bragging rights. Just last night I told this deliciously innocent fat girl: "When I'm not making a cool grand a day consulting, I roll $25K...

Dpt. You are showing your age. My beloved ex has all my I&S vinyls. Now I'll just have to go buy them on CD. Bought a Lovin' Spoonful the other day. I must be slipping into senility. Licking my lips all the time. Wondering where home is. Do you know who I am?

Great idea. I am on the road most of the time, but if I am ever between gigs when there's a meeting let's hook up. An ET-Dallas, hahahaha! Hope you're not an asshole like me.

There is one case where they work, and paradoxically that is when they don't. You have a fair chance of a retrace back to failed trend line to shake out the suckers. Back when I was Jacking with the wrong lube I saw that a lot. That was one of my objections to playing an FTT: you usually got a...

Looks more convincing in the longer view. But I think the Fed is choking the economy before it could fully recover from the last throttling (all we got was a little mini-orgasm), so I am down on equities. In fact I am down on everything except the dollar. I think that cash soon will be king...

Thanks for posting that, Bsulli. If I were in town I would buy you a drink in the bar downstairs. Is AfTA mostly still folks whose idea of trading is investing? I quit going when the daytrading population seemed to wane.

You think a few months of data makes a "reliable indicator"? The market is getting to be like the fucking weather.

Samson. Must be me, then. Why specifically am I wrong? If that's not proprietary, haha! The only things I have ever been able to make money with were oddball counterintuitive things. Mike.

"The Lord made a loser so a winner could win. That's the spot he put in. Yes losin', it's an easy game" - Ian and Sylvia