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  1. Scataphagos

    Pelosi's husband makes another great trade(s).

    "Insider Trading'... Don't you just love it how the political muckety-mucks get to do it as a perk while we dumb tax payers might go to prison for doing the same? And then.... the MSM RUBS OUR NOSES INTO IT!! :(
  2. Scataphagos

    Why does this happen ? Please help

    Disagree. Even trading sim is a waste of time if you don't already believe you "know the chart plays". Scatty's formula for becoming a winning trader... 1. Learn some of the chart plays 2. Trade your plays in sim and find out you don't "have it down" like you hoped you do. 3. Back to chart...
  3. Scataphagos

    Transfering a Solo 401k - not a SEPIRA

    All of your 401k provisions are controlled by your employer's plan. Unless your plan document has provided for it, you can't do it.
  4. Scataphagos

    Why does this happen ? Please help

    Ditto! Trying to trade without "market knowledge" of the chart is like starting out on a trip to a desired destination, but you don't know how to read a map.
  5. Scataphagos

    Why does this happen ? Please help

    Trade what you see. Trade what you know. That's in the chart.
  6. Scataphagos

    Why does this happen ? Please help

    We don't/can't know "exactly why". It's a waste of time to look for a fundamental reason.
  7. Scataphagos

    Why does this happen ? Please help

    "For some reason"? LOL! This is exactly why one of the cornerstones of technical trading is to "sell resistance*". *This info should be ignored by traders who believe "TA doesn't work". :)
  8. Scataphagos

    LAPTOP- Off the Shelf for Trading- preferably 15 inch Max

    I'm a big fan of Dell Precision lines, even for mobile workstations. Precision is their best quality, IMV. My Precision laptop is 8 years old and still running smooth as a gravy sandwich... a little slower than newer ones of course, but that's not enough reason to replace for use in a trading...
  9. Scataphagos

    is it worth it?

    You shouldn't ignore... should be trying to maximize contribution and growth. At any point where you are no longer employed with current employer, you can roll your 401k into IRA and then have access to most all of the investment world. Tax deferral and compounding are worth a LOT!
  10. Scataphagos

    San Jose to require gun owners to carry liability insurance

    How would insurance company underwrite that risk?
  11. Scataphagos

    What's Easier - Swing Trading or Day Trading?

    Regardless of your time frames, you should be buying support, selling resistance, and chasing breakouts (IOW, KISS, baby!). If you get good at doing that, then they're equally difficult.
  12. Scataphagos

    FOMC now says it will monitor employment.

    I believe that "$120B/mo" is mostly the Fed buying poor-quality mortgage loans and taking them out of play. Has the effect of adding $1.44T of "goose money" to the markets. I saw a story about the average family receiving a total of $50,000 in "benefits" during the stimmy handouts and...
  13. Scataphagos

    FOMC now says it will monitor employment.

    Historically when governments have gone into "money print" mode, they can't find a jumping off place to stop... so they just keep printing and printing into oblivion. The market soars but the currency becomes effectively worthless... bankrupting nearly everyone when adjusted for the currency...
  14. Scataphagos

    Trading out of Roth IRA while young

    They've done that before for special circumstances...
  15. Scataphagos

    Historians rank Trump near the bottom of U.S. presidents as Obama rises into the top 10

    Notice.... none are Dems. Coincidence? I think not.
  16. Scataphagos

    Historians rank Trump near the bottom of U.S. presidents as Obama rises into the top 10

    Guess it depends upon what you expect/want (including "gimme free stuff" wants) from your government. Notice how all are Dems. I'm OK with any order of "worst" except for Obama. He's #1 worst in my book. (Biden may out do him, however.)
  17. Scataphagos

    What's your Favorite chart pattern?

    That's the goal of Price TA... identifying correlations. What you have described is one of them. KISS, as always. :)
  18. Scataphagos

    Trading out of Roth IRA while young

    "...An investor who uses a Roth IRA must defer taking any distributions until at least age 59 1/2 to achieve this completely tax-free status...." So, you could only "accumulate" until 59 1/2, not "live off the earnings" prior to that. Search "Roth IRA Rule" for full details.
  19. Scataphagos

    Thoughts/feedback on parts/cost of new custom build workstation

    Suggest not bothering with "building" one. Rather, buy one from one of the workstation makers... Dell, Lenovo, HP. Suggest buying used workstations and save 75% of the cost of new. I like Dell T5810... lots of them available... any configuration you want. (Workstations are supposedly made...
  20. Scataphagos

    VWAP - Did you try it? Do you use it?

    Ditto, except for the consideration of volume. My take.... Considering volume won't make for bad trades, but it will cause missing some good trades when "volume doesn't confirm (in your mind) a good price read".
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