Search results

Many upper candle wicks in this 0.84000/0.84500 zone so IMO either it goes down soon enough from the effect of all this selling pressure (lower timeframes H1 / H4 show same) or a lot of shorts will be burned if it does break thru 0.84500

Weekly EIA, BHORC and Monthly Consumer Spending PCE although I only give them a cursory look since I, for the most part, only daytrade.

Broke thru weekly support# 1, gapped thru #2, broke thru #3 also, will #4 hold?

The only way to learn ....... is to learn from our mistakes. No hand-holding needed in trading.

He Tom Brady did not sell it. Fan in the picture did. And fan had no idea Brady was going to unretire.

Futures plots 6 x H4 bars per trading day - with last bar covering 3 hours because CME is closed between 5-6pm EDT. No biggie.

Doubt there are many SE gaming/ecommerce company (NYSE) hodlers currently from last October but if there are they are down -76.71% in precisely 100 trading days. Careful, like price, applies each direction.

Of course but I would bet more money is lost going long but very few ever say it is extremely riiiisky going long. Like anything you have to know what you are doing. Many stocks have gone to zero, none have gone to infinity.

Forget r/r ratios. Risk can be set. Reward cannot be, other than cutting it short - which is kinda counterproductive.

AMZN almost $150/share drop past two days burned those who thought they were getting free (stock split) money who bought on Friday's open. And TSLA is a day late (give or take 4 months) and $350-$400 short, from where they should have split. If only Musk would put the bong down.

pekker is an equal opportunity hater. Mostly though he hates his mailroom job and his boss.

Long only? If so and bear keeps up you will run out of needles in the haystack. Numbers never lie, only politicians.

Either short in current market environment or stay the eff out.

"Be afraid, be very afraid". :D

Not sure why you are replying to me with above? It's not how to write it off, whether it is even possible to. As tiddywinks put it, if it is used to travel to client etc. Otherwise if someone, like me, has their azz planted in front of their desk trading everyday their own money, why would an...

The subject of this topic.

Guy paid 500k or so for Brady's "last" (no longer last) TD pass just 2 days ago. Talk about deflategate lol. https://thespun.com/more/top-stories/bruce-arians-has-2-word-reaction-to-tom-bradys-decision

"The deduction is allowed only for that part of the expenses that is attributable to business." As in needed to operate business. Traders Tax Survival Guide.

It is said that a majority of retail traders (and probably professional over the long haul too) lose. And likewise a majority don't short. Though not sure how one can think of themselves as a trader, trading one direction. o_O

Only have to look to history of WW2 and 9-11 when NYSE was closed for 4 months and 1 week respectively.