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    Don Bright

    Its amazing to me, that people who aspire to be good professional traders can be such incompetent businessmen. Context is all that matters. Find out what the context is for operating within this business and you will have all the information you need. The only question you need to answer is...
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    How many pts/day trading the Dow?

    Eleventy hundred and three
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    Altria (MO) thoughts

    Yes, that is a very intelligent statement to make. Now lets go a little bit further down the road. If price seems stable to you on a specific time frame, and you want to project or find a place to enter a trade, you simply need to hunt up or down for a different time frame. If daily...
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    TA =VS= Chart Patterns : Which is Better?

    I have suggested this a time or two before. A skilled automotive mechanic will always produce a result that is superior to an amateur. His advantage lies in his detailed, internalized, understanding of the way an automobile works and his superior training and skill, not in the tools...
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    Yes or No:"Fully hedged portfolios are not risk free"?

    I used to say this all the time when I first started posting here. As it turned out the people who really needed to "get it" never did, and those who did "get it" didn't need to...lol So here it is (again) for whatever it is worth. "It is the risk that you are unaware of, that will...
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    Altria (MO) thoughts

    Yes of course, that could be said for quite a few stocks. In this case he next time MO sees either negative (court award) or positive news (judge throws out an award) that might happen. Recently a judge de-certified a class and threw out a previous award. Traders looking to study the data...
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    Is everyone making a Ton of $$$, if not, then WHY?

    I have been making on average 1,329 lbs on money a day. I would love to make a ton of money, but I just can't seem to get over that hump. Good luck to you Steve
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    Yes or No:"Fully hedged portfolios are not risk free"?

    First there is no such thing (as a fully hedged portfolio) Second, there is a physical problem with trying to put on a full hedge. Third, "Value-At-Risk" Fourth, Cost This is where the rubber meets the road. You either partially hedge and live with the uncertainty, or you try to...
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    TraderTony's Journal

    Doesn't sound like you have any edge at all. That would be my first concern. Based on what you are saying, you have nothing to protect. Why not just tell us what your entry and exit rules are, and see if someone can help you out? No guarantees of course, but you may be so pathetically...
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    Altria (MO) thoughts

    Altria is a news driven stock that is worked by specialists all over the country. If you want to make money in this issue, you will need to get up to speed on the fundamentals first, then on the history of the company, and finally on the history of the legal challenges over the last 5 years or...
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    Do comments here affect the options market?

    Not a chance in hell!
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    What percentage of people on ET are morons or full of BS?

    You know, I was going to offer a nasty reply, and then for some reason, I realized I really don't want to be at odds with you. After all, you seem to be a person with a somewhat fragile personality. Whereas I come from a big family where you had to roughhouse and be aggressive just to get...
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    What percentage of people on ET are morons or full of BS?

    Yes indeed: In a sense it is "Internet meets reality TV".....The more outrageous the participants, The more page views, the higher the click rate, and ultimately the higher the ad rate the site owner can charge. This is the wild west so to speak. You have to look to your own resources to...
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    Steve46 and Hypostomus Debate Trading Strategy

    Yes I do I find that this is all that I can manage
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    Steve46 and Hypostomus Debate Trading Strategy

    I will try to post a link when time permits. Because of the structure of the market and my characterization of the players, I don't see an edge (that I can take adapt to my use) in tick charts. I believe that players who trade on the micro scale are not the market movers, but instead it is...
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    Steve46 and Hypostomus Debate Trading Strategy

    I dont mind offering some comments, however I am working so we may have to suspend this if/when my attention is required to manage my position. I monitor price on 4 charts, using 15, 5, 3 & 1 min candles I also use a modified linear regression system so that I can obtain approximate odds...
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    Steve46 and Hypostomus Debate Trading Strategy

    Preferred? If possible I would prefer to enter and hold through the day. Almost never happens. The system I work with provides 2 and 4 point moves. Risking 2 or 3 ticks. Also I am working with a new system for the ES (today). Steve
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    Steve46 and Hypostomus Debate Trading Strategy

    That is correct
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    Steve46 and Hypostomus Debate Trading Strategy

    Well that is an unexpected change and well done. Understanding your own limitations is the first step to recovery Good luck to you and your mental health specialist(s), you have quite a job ahead of you... Steve
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    happened again ....

    and how blindingly sharp of him to make it public I just scanned for executions at 2.5 and guess what? I see you..... Appreciate the tip.. Steve
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