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  1. David's faith

    Have we hit the top?

    P/E doesen't matter. EUR/USD does. If I know where EUR/USD goes I know were SPY goes ergo I know where ~50% of all US stocks go.
  2. David's faith

    Have we hit the top?

    I say no we do not have reached the top, because TINA. In a stagflation guaranteed returns are scarce. Bonds don't yield as much as a FAANG equity.
  3. David's faith

    A nice start to Friday

    Marx's Theory of communism shows what could come next. The risk to the theory is, that there will be so much dollar demand, that every government/economy depending on USD debt is going to default like dominos. Lets hope, that it isn't what China is up to
  4. David's faith

    China Declares Cryptocurrency Transactions Illegal; Bitcoin Price Falls

    Interesting that the price only drops a few thousands.
  5. David's faith

    So whats up with this sell off 9-20-2021

    Nah. I have theories, which I lean against each other. Only if I have strong conviction I know which patterns will hold and which don't. But the squeeze theory is just a reason I don't think the drop will be too heavy. Dollar going up means equities going down and the dollar surely will rise...
  6. David's faith

    So whats up with this sell off 9-20-2021

    Well everyone and their mom is short, so... Squeeze.
  7. David's faith

    FOMC Live Stream - Crappy Audio?

    We are back in the uptrend. Tjats what matters the most
  8. David's faith

    So whats up with this sell off 9-20-2021

    Oh... I was right in my last thread... Called Evergrande before it was a topic. I still follow PA, only news tells me which side is more likely to hold support/resistance, daily range etc.
  9. David's faith

    So whats up with this sell off 9-20-2021

    This time is different, Dest said -10% until end of November
  10. David's faith

    Poll: Market FOMC response Wednesday?

    No bad news is good news
  11. David's faith

    jnbadger's bad day

    I feel like semi-automation on days you are felling like trading badly could delete your weakness, you could still put the trigger manually. Days like these happen once to twice a month to me. Mostly when my fiance has a bad day at work. I then do exactly that - trade semi-automated. Manually...
  12. David's faith

    So whats up with this sell off 9-20-2021

    You do not see the magnitude of this. Lehman was mostly an US-only story, Evergrande and the chinese real estate market aren't. If real estate prices drop many banks begin to worry about other banks getting close to default which implies credit shortages and thats where the risk lies. It wasn't...
  13. David's faith

    Is uptrend for SP500 over

    There are 2 factors playing into this mainly 1) private investors buying every dip, mostly with calls which forces brokers to go lomg the stock. The money inflow by private I's has diminished when stimmy ended and declined further with the end of the foreclosure moratorium and the jobbless...
  14. David's faith

    From failure to success in trading (my story)

    Max Drawdown? Max Depot-Load?
  15. David's faith

    Today might be a down day

    Had the best week last week in terms of entries and exits (not ROE)
  16. David's faith

    Today might be a down day

    how does a daytrader like you define before the open wheter it will be a good day to trade? Yesterday's volatility? news? distance to important levels?
  17. David's faith

    Scalping is Risky?

    Every swing trader scalps from time to time too
  18. David's faith

    Mobile TWS whacks

    Bid higher then Ask... Yeah.
  19. David's faith

    IBKR now offering Bitcoin, Litecoin, Ethereum etc.

    Only 120 USD commission for a roundtrip on BTC, what a bargain
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