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  1. Scataphagos

    What is an edge?

    Personally, I don't believe in it. "Edge" is like the unicorn. Seems all traders seek to find an edge, but there are none which are legal. (Illegal ones would be "front-running" customer orders and "trading on inside information".) We all seek to be better and smarter traders than the next...
  2. Scataphagos

    The Obama Legacy Deserves To Be Destroyed

    Yes, Yes!! Odumbo is "anti-America everything"... his administration was all about "doing harm to America with every decision he made." He deserves to stand trial for TREASON!! (But he won't. There is no political justice in this world. The people just keep getting F'd over, and the elites...
  3. Scataphagos

    Study: what happens next to stocks when VIX falls below 14

    What a "sustained low VIX" actually means is that the market will behave in an irrationally bullish manner.... we should trade accordingly. But is "14" the line in the sand? Maybe.
  4. Scataphagos

    Jigsaw Leaderboard Winners for March & April - Focus, focus, focus

    Personally, I agree with your concerns(?). Sim trading only good to reveal what doesn't work. That is... any strategy that doesn't work in sim surely isn't going to work with real money. But "succsssful sim" does not = making money. To make money you have to know the market and know...
  5. Scataphagos

    Why is trading so difficult?

    Yeah, bet it "begs" allright.
  6. Scataphagos

    Why is trading so difficult?

    Good enough. ON IGNORE, ASSHAT!
  7. Scataphagos

    Dog of the Dow - GE

    There is precedence for playing "dogs of the Dow". Companies have problems, stock price reflects it. Company does what it can to rectify problems and does better. Stock price reflects that too. l recall years ago advising neighbors on GE as part of their 401k. It was trading ~$6, and I told...
  8. Scataphagos

    Technical Indicator to stay out of choppy range

    Disagree. This morning has not been chop, not in my book. Chop is "untradable" (or at least in the trader's mind). This morning has not been that.
  9. Scataphagos

    Why is trading so difficult?

    I used to think "counter intuitive" was the reason, but no longer. Trading is still difficult, but that's not the real reason. I think the real reason is.... Trading is more of a 50-50 proposition than you'd like to believe. Losing (money) hurts. We try to avoid getting hurt... we're...
  10. Scataphagos

    Why is trading so difficult?

    So is trying to pound a nail with a screwdriver.
  11. Scataphagos

    Why is trading so difficult?

    You say, "TA is garbage... why use something that doesn't work?" I say, "Price TA" is the very best way to trade the market! So.... one of us is FULL OF SHIT! (I've made $Millions. Have you made $Millions?) Please.... tell us how you trade the markets if not with TA. (You've run your mouth...
  12. Scataphagos

    What is a good ratio between net worth and trading account size?

    If you're like most aspiring traders, you've got enough to start trading but perhaps with not all that big of a bankroll. If you're trading stock index futures and unless you've got a big bank, I suggest you start trading "ones". When you're being successful, then up it to "twos"... etc. Part...
  13. Scataphagos

    Technical Indicator to stay out of choppy range

    Just because the market is in a trading range, which may be quite tradable, doesn't mean it's in chop. I call chop when the frequency of direction change and amplitude seems to be "unplayable"... at least for me. Fortunately doesn't occur frequently or last all that long.
  14. Scataphagos

    Technical Indicator to stay out of choppy range

    The way it usually works... 1. The market is well into chop and giving you indigestion by the time you conclude, "chop". 2. The market surprises when it exits chop, leaving you still thinking it's chop, and you're on the wrong end of things again. Once you recognize chop, plan to "buy the...
  15. Scataphagos

    2019 Obamacare premiums soar 91 percent

    "...2019 Obamacare premiums soar 91 percent, The Unaffordable health care act, CareFirst seeking 64% increase in Virginia and 91% increase in Maryland, Charlottesville woman’s plan already jumped from $640 to $1800 a month..."...
  16. Scataphagos

    is this too much or just enough computer

    Y'all should listen to this guy. He apparently knows his stuff! (I would have said what he did, but he beat me to it.) :)
  17. Scataphagos

    tradergod at work

    Leverage is great when the play goes in your favor. It's a KILLER when it goes against you. Personally.... (1) Suggest "going easy" on the leverage (2) Over my long trading career I've rarely leveraged my trading capital 2:1, even for a short while... and I've had 4 years of >100% return on...
  18. Scataphagos

    Immigrants Come To America for One Reason Only... To suck-tit on American taxpayers

    EXACTAMUNDO! Some claim, "we need immigrants, as they will do the jobs Americans won't". Even if true (which I suspect is really a self-serving lie), perhaps that's our fault. If our employment/benefit policy was "if you don't work, you don't eat".... all jobs would be filled by Americans...
  19. Scataphagos

    What is better: using a simple moving average or price action?

    My first exposure to market timing and TA was through a study of moving average. But with experiece comes understanding (well, at leased it's supposed to). The ONLY objective in trading is to have your risk position "in tune" with the market's buying/selling.... as defined by "price". Moving...
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