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  1. M

    If you want to fail as a trader, study TA

    Is that really an excuse, just talk more to the point. Typing or speaking, it is a useful skill to skip the diahrhea and say what you gonna say to the point.
  2. M

    Old Dog new to E.T.

    Why do you need people to "appreciate" your good calls unless you just need someone to pat you on the back and feel good about yourself. Traders have one goal and that is to make money. Who gives a crap if anyone appreciates a call you made since I cannot go to the bank and withdraw...
  3. M

    Stock Market and Random Walk Theory

    Who cares what two anonymous "random" tools debate about. Either trade and make money or spend time in academic arguments.
  4. M

    What TA tool can detect random walk data?

    It could have been any one of those companies but it was Apple. This was over the past 4 years. Since Apple released the first iPod it was a hit and the stock price has risen on that success since 2006 or whenever it first came out. It is not random that sales of the thing exploded and kept...
  5. M

    What TA tool can detect random walk data?

    Yeah we need diversions once the market is closed :)
  6. M

    What TA tool can detect random walk data?

    Random..... not random.... stop using academic words. Words used by "professors" who sit in an office discussing theories using unrealistic assumptions to describe theoretical behavior. Oh and I forgot to add who never have traded in their lives and just use historical data to backfit their...
  7. M

    Weinstein Trading and Fading

    Seems like way too much focus on BP. You trade so many different stocks and set ups over the years, now that you took a big hit you seem to be obssessed with trading this stock mainly long as though it has to go higher. Have you converted to just trading BP exclusively or have you morphed into...
  8. M

    At what price BP?

    So a doji means it can drop..... or it could go higher. A doji is so telling then!
  9. M

    Weinstein Trading and Fading

    Cause what you said was way more articulate..... dildo!
  10. M

    Weinstein Trading and Fading

    What you are doing is trying to argue with yourself to convince yourself that you were right and the market was wrong. You are trying to justify your actions to yourself so you do not feel any responsibility for the trade despite the large loss. This is a common mistake we all make when we...
  11. M

    HELP ME...hedge a NDX june put position

    So you were expecting SPX to drop to 850/950 and bought OTM NDX puts and then got the month wrong. I dont think anything matches up in your post. To make it worse you seem to be asking for a way to turn your trade into a risk-free position. I assume you also want this week's winning lottery...
  12. M

    At what price BP?

    I do not think there is a bankruptcy risk, BP is large enough to handle whateverfines and liabilities it will be subject to (like Exxon) but that does not mean the earnings wont be hurt for years to come. The stock is tanking because people know that whatever earnings the company will make will...
  13. M

    ES Journal Archive (2009 - 2010)

    Slight latency issue here, trading from my Dell iPad inside the Magic Kingdom on the Monorail and my system fired off the sell signal late. By the time I put down the goliath Turkey Leg that I was gnawing on like a T-Rex, I missed the high entry.
  14. M

    ES Journal Archive (2009 - 2010)

    Sorry I am late but I was short ES at 1107 yesterday and still holding.
  15. M

    Best Explanation of Options

    Have you even tried to google put or calls or options? Tons of free websites pop up for basic definitions, including info on good books.
  16. M

    Any Day Trader Over the Age of 65?

    You have been trading since you were 3 years old???
  17. M

    Buffett says individuals should be prevented from trading index futures

    Buffet should just shut up. When you have billions in idle cash made from various investments in business, stocks and derivatives, he has no sense of reality anymore.
  18. M

    Covered Calls vs. Naked Puts

    $30 - $0.34 = $29.66 breakeven at expiration Max Gain = $3.34 Max Loss = $29.66
  19. M

    Covered Calls vs. Naked Puts

    Not only are you right but you have good taste in football (UK).
  20. M

    Covered Calls vs. Naked Puts

    I think either you were asleep during the class or Hooper should be banned from teaching options. It is funny how you view covered calls as safe but naked puts have unlimited risk potential. Why don't you think for a minute what makes covered calls so safe and what makes naked puts have...
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