Search results

Man in the mirror. Amen!

No intrinsic value, it’s a gamble banking on popularity of corupto.

"Usually, the best times to accumulate into a 'market' is when it is at its most distressed state when DOOM and GLOOM and FEAR REIGN supreme, one such market that fits the bill right now is the crypto casino!" (N.W. 2023)

I think you know the answer to your own question. About 85% are net losers, the others are breakeven and net winning traders. Also, I define 'making a killing' as a high return in proportion to a trader's net worth and not trading capital. Let's not forget that market behaviour is not systematic...

I can think of many other amazing ways to get rid of $1k, what’s the benefit? Curiosity? Some say it killed a cat ;) I doubt that you come here for entry and exit signals. In my previous lives on ET, I used to get involved in all sorts of heated debates, but that’s such a time drain, you’re...

I have been here since about that time too, under a different handle. So I know the score, seen people come and go, I prefer to stay incognito now, less drama.

Sorry, I can’t be bothered to reply in full as you raise a few questions and I had few whiskeys this evening and just haven’t got the will to type :) Put it this way, if you come here, you get some value, whatever it may be. And I agree, folks post calls cause they mostly want recognition of...

Good points brought up. I use ET to read posts of other posters because I may learn something new as well as see something I may have missed, for example if and when I see someone like @vanzandt post with big conviction him going long when I’m short, this would make me reassess my trading plan...

Let's see what happens, whether the low will hold. All I can say is that I think that it will ;)

Yet as you know nothing goes up or down in a straight line.

I expect whales to be waiting on CPI this Thursday. Looking at indexes over in Europe, which are breaking out of their bear trends, so is DJIA, I sense SPX is lagging behind here. CPI is likely to be yet another decline and this should be the trigger point for SPX to smash through the declining...

don't stop, keep going bulls.

Stopped out on NQ trade

Short NQ

:finger:

My view of this year, first half at least, is that the chop continues, maybe more volatile than in 2022 maybe not, but so much is dependent on what the FED and other CBs choose to do, data from primary indicators, black swan event/s. If it stays as it is now, then probably we continue down but...

I recall Jack Hershey on ET used to have an ‘always in’ trading strategy, no idea if it was profitable, some considered him to be a bit of a loser, I mostly recall his posts having been very lengthy, I quickly lose interest when quantum science hypotheses are included in ET posts.

I won’t join the happy camper group until NDX gets back above 200, more like a dead cat bounce.

IMO if there is a bounce into NFP, it has a good chance of being sold off, NDX doesn't transpire any confidence. Price is near previous support which makes it a good long entry, but weekly now trades below 200 SMA and unable to get back above it.

Nasdaq will drag the whole thing down first.