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So what in theory happens if a country goes bankrupt? What is worst case scenario if US were to declare bankruptcy? I often thought when you had Trump as a president that that might happen. It was how he did business. Go broke and start over again.

Which REITs. I ask because I checked CAP Reit and it seems to be in a down trend.

We did in the 70s and 80s. Prices shot up. Canada tried wage and price controls. (Didn't work). Wages kept up with prices, anyone on a fixed income got screwed. The one thing I learned from that period is that whatever crisis is about to bring the economy to its knees is only a passing fad and...

Depends on the equity. Something pople need is likely to keep pace with inflation. Something people want, maybe not so much.

I'm not a day trader. What I do know is that if you have a plan and don't follow it sooner or later it will bite you in the ass. Like you say the market likes to screw with your mind. A lot of the time it will reinforce bad behavior by rewarding you for making a bad move (like ingoring your...

So you haven't tried it. I'll bet it would beat what you are doing now.

I'm questioning a MAX stop. Does your plan have more than one stop? A MIN stop that you plan to ignore if the trade moves in the wrong direction. By the sound of it once a trade hits the MIN stop, you add to it and increase your possible loss. Is Max loss predetermined or when the pain gets...

What is a max stop? How does that fix a broken trade? I'm not daytrading. (Takes up too much of the day with way too much stress) Sorry Noah but I forget what instruments you are trading. We've mostly discusses crypto.

Except for that time that it can't and you blow up your account. When you start to execute your trades so that you can get back to break even you're in trouble.

I see it as very similar. The assets you are trading are your inventory. You clientele is the public. You attempt to find bargains that you can sell later at higher price. If you believe in stage analysis the terminology is business like. Accumulation, mark-up distribution, and mark down. The...

Monday will tell the story. I'd take a partial position if the stock and the market opened positive. Say 8.50 area with a stop at 8ish.

I'm seeing the same thing you are but when I switch to weekly charts it doesn't look quite as good.

Damned if there isn't :banghead: And I was about to say something clever like make sure you see what the chart is telling you, not what you want to see. :)

Symbol??

Does it allow you to scale in and out of positions?

So would be tough to backtest TA strategies?

I'm not familiar with portfolio 123. How does that work?

Backtest a simple ma cross say 10 wk crossing the 30wk. Should beat buy and hold. I have used a startegy where I don't hold any losing stocks in my portfolio and it has out performed buy and hold. It has kept me out of the market in 2008 2020 and recently

Ego. What's the joy in being a great trader if no one knows. If you are successful then I imagine you get a lot of "How do you manage to do that?". If you charge enough then the requests go down. How much would people spend to have lunch with Buffet. Lot's of people think that wisdom might rub off.

What's that got to do with writing a book over the weekend and make a name for yourself? Now that would be something to see. That's even tougher than making a whole bunch of cash each day. You up for the challenge??