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I just had hip surgery and will be laid up for a while. I can either lie in bed and watch old Gilligan’s Island reruns or do something else. As there are TONS of false notions about the markets and trading, I’ve posited the notion that I might benefit the mankind of market traders by answering...

The development of bioweapons should have been prohibited by international law just like the use of mustard gas in warfare.

You will never get to KNOW that. When you get it right, you will have guessed correctly. IOW... making a large gain is difficult. The market will give you every opportunity to turn a potentially large gain into a small one.

I don't think you get to choose. The highest win rate AND the greatest R/R both come from (1) proper technical entries, and (2) exercising tight stop discipline. IOW... you don't get to choose "either/or". You get BOTH or NEITHER.

Why is that? It's likely NOT just that they are recalcitrant refusenicks... must be more to it than that, don't you think? (Rhetorical question, I know... just would like to hear it.)

Funny! A quote from the late, great Ed Hart... "Definition of an investment is a busted trade".

Well, lemme help you. You don't have an "edge". Nobody does (not a legal one, anyway). Suggest learning "Price TA"... of which you obviously already know some. KISS baby, as always. :)

I looked at AFRM. Like you say, there is support at 107... lesser support at 130. You have to choose how much you're willing to give the stock BOD (Benefit Of The Doubt). Whichever, it's a guess on this play, but you're thinking along the right path. (Me too.. former RIA and money manager...

I was able to redo this from the 1st common date in 1999. This time QQQ is red.

Here's UOPIX (leveraged Nas fund... red) vs QQQ back to late 1997. I'm sure y'all can justify anything that suits you about this. :) The big decline on the left in UOPIX was from 147.99 to 6.47, according to FastTrack. It's leveraged "only" 2:1. TQQQ, which wasn't around back in the late...

Ramsey is a fairly big fish in a small pond. His advice is basically good to follow. If ETFs had come along first, there likely would have never been a mutual fund industry. The first mutual fund was begun in 1924.

I went to Financial Planning school to become a CFP... 3 hours/day, 5 days a week for 2 years. I could have skipped all that and just read your paragraph above. :)

Andrew Jackson, considered by many as the founder of the Democrat party (Democrats those days were like the exact opposite of power-mad, tyrannical DemoCraps today, you know)... was a highly principled and great man... my favorite president. We need more like him. Now! FWIW...

Powell is a LYING SACK OF CRAP... anyone with half-a-brain knew it all along! https://www.zerohedge.com/markets/feds-bostic-finally-admits-it-inflation-not-transitory-and-its-getting-worse

Hard to imaging a Trump administration pulling the crap Biden & Co. is. (I'm sure there are many die hard Leftist supporters who are regretting and thinking, "how could we be so blind and stupid to elect THAT a-hole"?... Look what he's doing to the country?) IOW... ANY F'N-BODY would be better...

Hopefully the government will soon wake up and realize you can't replace experienced nurses with Masters Degrees... with disease-ridden illegal immigrants (non-vaxxed, of course) who can't speak English. Are we living in the F'n Twilight Zone or what?? :(

FAST was a technical buy @ $51. Where were you then?

1. Price has whipped back and forth across 50MA "Like it doesn't mean anything". That's because, 50MA DOESN'T MEAN ANYTHING JUST NOW. (There are times like that.) 2. Is in moderate "up channel", so BOD to longs is reasonable for now.

I like it when local government tells Biden's Federal Government, "go piss up a rope"... even if it doesn't stick.

You know how the SCOTUS pussy-foots on big issues, fearing the Dems will pack the court and make current members irrelevant. I don't expect much from them other than toeing the party line. :(