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  1. Scataphagos

    "Price TA" Traders Dream Market Come True...

    Seems to me you have a "blind spot". I say, "ALL is revealed in Price TA". You say, "not". I stated my case. You replied with, "you're full of crap". One of us is wrong. I don't care to argue, so I'll leave it at that.
  2. Scataphagos

    "Price TA" Traders Dream Market Come True...

    Personally, I doubt this. Ditto. Every trade... long term, short term... whatever your play, be on the right side of the market's "psycho" as best you can manage.
  3. Scataphagos

    "Price TA" Traders Dream Market Come True...

    To even suggest such a thing is enough to get you on my ignore list. "Price TA" works... now and always has... if you only know how to read it. If you don't and wish to "poo-poo" it... well, that's your problem.
  4. Scataphagos

    "Price TA" Traders Dream Market Come True...

    I'm nothing like that, so I'm just going to put you "ON IGNORE"... OK with you?
  5. Scataphagos

    "Price TA" Traders Dream Market Come True...

    I'm surprised in this post. You're a sharp cookie with lots of experience, but you're WAAAAYYYYY wrong on this. It is exactly what you say it isn't. Of course I understand your thing is to "mine the market" for lots of smaller options gains, but that's significantly different from "Price TA...
  6. Scataphagos

    "Price TA" Traders Dream Market Come True...

    Correct/proper trading includes both "some degree of prediction" and "quick reaction".... in reality and their purest forms, they are almost the same thing. Example... you can view the chart and "predict _____ will hold if/when tested", placing an order at that price. You can also watch that...
  7. Scataphagos

    "Price TA" Traders Dream Market Come True...

    Since the market broke away from its "nothing can go wrong... no downside volatility because the Fed has the market's back... just BTFD market", appears to have ended (January 29?)... the stock market indices have traded like a teenager's "wet dream come true".... and quite frankly like they...
  8. Scataphagos

    how to make trading education less boring?

    Truth in that. You need to learn what to look for... then have the discipline to watch with diligence to catch the trades on time (easier to mess up than it sounds), and finally the discipline to act where you should... take risks, take losses. What aspiring traders desperately need is...
  9. Scataphagos

    how to make trading education less boring?

    What? That's a crazy notion. The "trend" is the market's Psycho.... the side you "trade around and give the benefit-of-the-doubt to" (up to a point). That has not "gone away"... and will never do so.
  10. Scataphagos

    Bill Clinton in 1995 = Donald Trump today

    Veritas!! Problem... the DemoCraps completely understand the destruction they foist upon us but don't care. They want power*.... no matter what and no matter the harm their plans inflict on our country. Unfortunately they have brainwashed 50%-ish of the American citizenry to support their...
  11. Scataphagos

    how to make trading education less boring?

    I would think the reward for learning to trade well, (that is, being able to plop yourself down in front of a computer anywhere and be able to make significant money for the rest of your life) would be motivation enough to keep the learning "interesting".
  12. Scataphagos

    "Day Of Reckoning" Nears As Goldman Projects A Record $650BN In Stock Buybacks

    With this "tax break" money, what might corporations do with it? 1. Improve quality of what they do with R&D expenditures. 2. Pass the tax savings along to shareholders in the form of dividends. 3. Expand their business to "create more". 4. Pass the tax savings along to employees in the...
  13. Scataphagos

    "Day Of Reckoning" Nears As Goldman Projects A Record $650BN In Stock Buybacks

    Seems this might be the catalyst to propel the Dow to 50,000. "... As 13-D reminds us, until the early 1980s, buybacks were illegal in the U.S. due to concerns executives would use them to manipulate share prices..." Great. Used to be illegal. Now, standard practice.
  14. Scataphagos

    Want to make 1k / month on 100k, selling options.

    I'm not an expert on options by any stretch... but it seems to me "writing puts" is not a "12%/yr proposition"... more likely to be good for 2-4% over a year.. not counting the time(s) when you get exercised for a loss.
  15. Scataphagos

    "Ignore" Notification

    Think we have any like that? After all I could be on such a list with all the Lefties on this board. :)
  16. Scataphagos

    We need big losses from time to time, to rethink the strategy and improve it?

    Disagree. An example of a 5% loss = your equity being 100% long the ES (not leveraged) with a 135 pt stop. That's CRAZY. Of course you might "get caught" by market circumstances (including your leverage, trying for a home-run gain)... but 4 times in 15 months? Nada. Instead of "big losses...
  17. Scataphagos

    Is rebate trading with near zero commissions the future of active trading?

    NOT! If you're going to make any real money, you need to make significant, unhedged bets on direction and be correct about it. "Playing for rebates", "trying to narrow the spread", "seeking slightly lower commissions"... are all "niggling" incidentals. If that's your play, you might as well...
  18. Scataphagos

    "Ignore" Notification

    I like this. If someone gets notice, "147 people have put you on ignore"... perhaps that person would get the message, "I've been an asshat and should consider changing my ways". Then again, such a person may decide, "If lots of people think I stink, perhaps I'll take my business elsewhere"...
  19. Scataphagos

    do you believe people deserve anything?

    When I was young, my grandfather told me, "If you expect to eat regular, you'd better plan on working". (Of course that was before the age of "social support and lifestyle everything".) Nowdays, there are all kinds of ways to "suck tit" on the taxpayer... programs inspired to garner political...
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