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  1. Scataphagos

    Is ES rigged?

    Ditto.
  2. Scataphagos

    a theory about good vs. bad traders

    QBs need be surrounded by talent. Last Broncos SB win had Manning (when he could still complete a pass) and 5 quality recievers.... defense couldn't cover them all at once. Brady and Patriots same in their dominant period.
  3. Scataphagos

    a theory about good vs. bad traders

    Wasn't that 4 Super Bowls?
  4. Scataphagos

    CFA traders

    Somebody should start a "Trader Academy Online" or something like that.
  5. Scataphagos

    a theory about good vs. bad traders

    Good traders make ONLY good trades. And what's that? They are trades which meet THEIR criteria for "favorable enough" probability of win and r/r... and trade with stops.
  6. Scataphagos

    Where to start?

    The original questions was, "where to start"?
  7. Scataphagos

    Something wrong with volatility

    There's an "underlying thread in volatility"... market doesn't believe the negative, market doesn't believe the Fed speak.
  8. Scataphagos

    Where to start?

    50%-ish is OK... but if you learn "Price TA" better and execute with discipline, your win rate will be >50%.. and always with a favorable r/r. Don't listen to the Bozos on ET who disagree... they are dumb-asses who don't recognize it yet (if they ever will).
  9. Scataphagos

    Where to start?

    Learn "Price TA"... best chance you got. "Buy Support Sell Resistance Chase Breakouts Trade With Stops" Anybody who tells you different is either a fool or a charlatan trying to get some money out of you.
  10. Scataphagos

    Naked Option sellers are major losers today

    Selling naked options is high risk... even stupidly so. You can get slammed... even wiped out in a blink on reaction to bad news for your position. Nobody with other than a financial death wish would play naked options in any size relative to their purse. Unfortunately... naked writers tend...
  11. Scataphagos

    The most efficient method of trading

    I try to help sometimes, but traders either don't believe it or don't want to listen. But it's a fact... "With Price TA you can know with 100% certainty what the market just did and what it possibly/probably means". You don't get to know how long it will last nor how far it will go*. You...
  12. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    Market is still in the same range (well, 3972 low). Same play until the range is broken... stops to contain "overshoots" included. (Noticed I mentioned "stops" this time?):)
  13. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    You know the market can "turn early" on a number you're considering... and it can also "overshoot", right? "Contain the overshoot"... isn't that one of the reasons you use stops? There were 2 ways to "play 3974 correctly". 1. Buy 3974 with a reasonable stop. The stop would have contained the...
  14. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    That was the correct play. So what's the beef?
  15. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    So... you bought 3974. What did you use for a "stop and reverse", 3973.50? The lower part of the consolidation is/has been "support zone"... not just "one F'n tic". You don't consider a "buffer" (stop) in case of false break... like occurred here?
  16. Scataphagos

    Treating the Bid/Ask spread as a Normal Distribution...

    KISS. Your bid will be filled at the market's ask... and vice versa for your sale. Unless a MM decides to play your order between the bid/ask spread, your limit bid gets filled when the market moves down so that your bid has become the market's ask. (I understand... you want to buy at the bid...
  17. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    You don't need me to post it.... just watch. A break of 4004 possibly means something for the upside. A break of 3974 possibly means something to the downside. Between, on balance the market is undecided... that's why it's slopping around sideways. Nobody knows/has strong opinion(hope) at...
  18. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    KISS is not about "results"... market and trader behavior control that. KISS is about knowing the SIMPLE technical setups and executing them with a SIMPLE plan. That's all you get to know.. the rest you have to "play by ear". But KNOWING the setup is something... a BIG thing, actually...
  19. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    Wasn't much in the AH session... dips to 82-85 ish could be bought. None of them went up much as the market sitting on hands until after JPow speaks again(?) Looking at the chart this minute... and if you HAD to have a play on.... the play would be Support 3984, Resistance 4000. It would be...
  20. Scataphagos

    Christmas In March For Price TA Trader Wannabes

    I've already been more helpful than I'd ever intended to be. I posted the chart and the key... naming the trade setup. "Rising bottoms line support"... anyone can look up what that means. "Matched hi"... like a double top. Matched low... same. Breakout... don't know what that is, look it...
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