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I loaded the boat all-in SPY puts based on DP's recent impunity call. I hope I don't get convicted of insider trading :eek::eek:

You'll NEVER get elected with that attitude! :D:D

EMG, because he doesn't use stops (which are for losers)! :p:p

I hope all the Trend Line Breakout Pullback traders (sometimes known as Straight Liners) have taken advantage of the opportunities today! After some choppy conditions around the open, CL offered a few chances to get long for a breakout to what turned out to be the day's high. You may...

Blotters and statements might be real and may or may not be from a real account and may or may not be the whole picture (many traders have multiple accounts). A method that you can apply to any day's price action in real time at the hard right edge and see positive expectancy with your own eyes...

XXXOOO...many times over :)

Charts are graphic illustrations of numerical data. Whether you have a computer crunch it for you and trade based on the patterns or whether you learn to see the patterns with your eyes and trade manually seems irrelevant to me.

Look I'm a scalper. I could've held my initial long trade until the end of the day and had one winning trade. But then on days without a nicely defined trend I'd make nothing or lose money. I scalp small intraday price swings based on favorable odds of a scalpable move based on intensive...

My forte is not mental fortitude :D

My trading plan was the result of "live and historical analysis of price data...statistical analysis, raw numbers, probabilities based on pattern sequences and such". Once I saw the results I realized it was a potential gold mine. I would venture that the gap between live trading and...

If a swing trader with an average holding time of around two weeks who managed around 6 trades a month claimed to have no losing quarters, would that seem outrageous to you? Experienced intraday scalpers rarely have losing days. When I first compiled stats for my trade ideas, I found that day...

So anyone interested can run an analysis of the trend line breakout pullback setup for your chosen instrument and you should be able to come up with a trading plan for profiting from it as a day trader or swing trader.

Trend Line Breakout Pullback long setup (TL across 5-min 12:50 to 1:50 highs) offered another opportunity to the long side between 2:18 and 2:23. MAE = 4 MFE = 30 (so far) 100.41 was a slight overshoot of the upper channel line parallel to the pre-market LTL. Seems to be some...

I think making $10 million+ a year makes you really, really angry though. Some people prefer peace and love :p

Yeah, I don't understand why it's so upsetting to someone who's pulling five and six figures out of the market every day that I make a pittance of that. :confused:

Sure, took that initial TL BOPB long, my target wasn't taken, so I scalped a bit out of it, then re-entered on the 2nd pullback to it and did lock in my min tgt. I shorted 99.60 after the news release for a scalp and then thought it would break down and let it take me out b/e :( Bought...

Yes, six trades today 4 longs and 2 shorts. How about you?

You got it :) That looks like the initial trend line break, for a no-heat entry off the 1-min pattern. Thanks for the organic Gala...one of my favorites :cool:

Laissez Faire: "Right now I'm not trading. I'm a full-time student of mathematics and physics, devoting most of my time there. But I'm still attracted to the markets and I am planning my return, just not sure if going back to day trading is worth it or even if I have the time to do so. Any...

Trend Line Breakout Pullback setup provided one entry from the pit open in CL so far today. If you bought the BOPB from the initial trend line, the setup signaled and triggered a long entry between 9:20 and 9:24am eastern time with no adverse excursion. If you bought using an adjusted...