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  1. Scataphagos

    Re-thinking "Discipline"

    Think of discipline as a literal and absolute concept. The better you are at it the more money you'll make. We traders mish-mosh around... and make excuses for what we did/didn't do. That's got nothing to do with being disciplined. Proper trading is easy to understand but psychologically...
  2. Scataphagos

    Re-thinking "Discipline"

    Disagree. "Discipline" is not subjective. It's like honesty. Either you have it or you don't. And like honesty, discipline is not absolute. IOW... none of us traders are "100% disciplined", though over time we strive to be better at it. Just like none of us are 100% honest.... like when...
  3. Scataphagos

    The Go Long at 10 am Strategy

    Reminds me of something Will Rogers once said.... "Buy a stock. When it goes up, sell. If it doesn't go up, don't buy it".
  4. Scataphagos

    Sweden Installs Microphones in Migrant Areas to Pick Up Women’s Screams

    Sexual assaults have increased since ‘refugee’ influx Police in Sweden are installing microphones in migrant ghetto areas to pick up the sound of women screaming as the country’s rape crisis continues to escalate after the mass importation of Muslim “refugees”. The Stockholm County...
  5. Scataphagos

    Action Through Inaction

    "Waiting for your fat pitch".... is one way to trade. And while you can't "change direction with every counter tic", you can learn to trade what many consider "noise". Yes, such noise trading is comparatively manic and runs up the commissions.... but still can be done profitably if you're...
  6. Scataphagos

    IDIOTS

    Just look at Venezuela, Zimbabwe, Cuba, NKorea... "everybody equal" (or nearly so)... EQUAL AND POOR! Except for the ruling elites, of course. Venezuela is especially pathetic. Oil is one of the most important commodities on the planet... so important that wars are fought over it. Venezuela...
  7. Scataphagos

    OUTRAGEOUS! "Congress Grants Itself Immunity From Paying Sexual Harassment Claims"

    http://www.dickmorris.com/congress-grants-immunity-paying-sexual-harassment-claims-lunch-alert/ "Congress grants itself immunity from Obamacare" "Congress grants itself immunity from insider trading laws" Yadayadayada. :(
  8. Scataphagos

    How to use MACD as confirmation to EMA cross

    I can see some value in the "range indicators".... Stochastic, RSI, CCI, %R. You have to spend some time with them to extract their value. It's not as simple as "buy oversold, sell overbought". Nothing special about candles... as a trader you should get your position "in tune" with price as...
  9. Scataphagos

    How do I develop my day trading strategy?

    You are the first trader I've ever heard say that (besides me, of course)!
  10. Scataphagos

    How to use MACD as confirmation to EMA cross

    "Edge"? There is no legal edge.
  11. Scataphagos

    How to use MACD as confirmation to EMA cross

    Here's a notion for you. I'm of the belief that there is no such thing as "confirmation".
  12. Scataphagos

    How to use MACD as confirmation to EMA cross

    Issue is not "both are price derivatives" and therefore should be "considered equally"... rather that MACD is a "later to the party" indicator because it's a 2nd derivative of price. If asked for my opinion about MACD... I'd recommend to ignore completely.
  13. Scataphagos

    How to use MACD as confirmation to EMA cross

    While EMA is a "1st derivative of price", MACD is a "2nd derivative of price" (moving average of a moving average). To get any kind of signal/cross from MACD, there needs to be a "bigger move". Unfortunately, such bigger move is no assurance the move will continue. And even when it works as...
  14. Scataphagos

    Trump Lies Count : 1,628 lies over 298 days for a ratio of 5.4 lies per day

    Even if true, doesn't that make him only about half as bad as Odumbo?
  15. Scataphagos

    Good Samaritan Stops Rape with Gun:

    '... ‘Didn’t think I’d ever have to pull it’ ‘I pulled my gun and told him to get off her’..." https://www.infowars.com/good-samaritan-stops-rape-with-gun-didnt-think-id-ever-have-to-pull-it/ And then there is this.... MSM Promoting ‘Gun Confiscation Orders’ As Solution To Mass Shootings...
  16. Scataphagos

    How many active traders are there in the world? What OS do they use?

    Crazy question. If you're going to use the term " active trader", then you need to set some parameters. IMV.... We're ALL traders. Some short term, some longer term, some very long term. The only ones market participants who are not traders (actual investors) are the ones who inherit stock...
  17. Scataphagos

    My stomach!!!!!

    As a general rule, I encourage people not to. :)
  18. Scataphagos

    Partial TPs/Scaling out/Exit half, your thoughts?

    Used to be, they did. Now some may opt for more risk or just accept what they can get from bonds with their perceived capital risk.
  19. Scataphagos

    Partial TPs/Scaling out/Exit half, your thoughts?

    That's a great lesson. I imagine most ETers don't "hold themselves accountable"... mostly because they can get away with it.
  20. Scataphagos

    Partial TPs/Scaling out/Exit half, your thoughts?

    Same reason old people switch from equities to bonds in their later years.
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