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    Never leave money on the table.

    A stock going down can only go to zero so, after a while, your risk to the downside is limited. So, if you say, buy XYZ stock at $2 and buy 200 shares, the most you can lose is $400 and your upside is many multiples of that amount. Contrast that by selling short by borrowing say 500 shares of...
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    Tired of losing long? It might be time to short - Stephen Johnson

    There is a smart way to short stocks which is by using put options and the dumb way, a lot of retail traders do it which is borrow stock to short. You just need one big whack of that same stock gapping up and wiping you out. Good luck with that!
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    Tired of losing long? It might be time to short - Stephen Johnson

    Never said not to short. What I said was do not borrow stock to short. Your risk to the upside is unlimited. That is what blows out accounts. Use Put options to short stocks. Stop losses are useless once, that same stock gaps up. You have already suffered large losses.
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    Tired of losing long? It might be time to short - Stephen Johnson

    You should know the risk profile of shorting stocks is unlimited to the upside. It helps no one to tell them to short stock where they can lose all their monies with one trade that blows up in their face? The only sensible way to short any stock is to buy a put option, assuming that stock has...
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    People Randomly coming off of my Ignore List?

    Not really sure how it all works. I use only the block function to totally, block ET trolls. They can logout to see what I post but, would be an inconvenience for them to login and logout over and over again. What I was referring to is the ET troll probably, created another ET account to use to...
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    Here Are the 90+ 'Equity' Plans Taxpayers Are Now Funding Across the Federal Government

    Actually, just because you have a darker skin color, you are considered black. Kamala Harris is not black but, Asian (of Indian descent) but, the lie gets perpetrated just so extreme liberal media can say that a black woman was elected Vice-President? Amazingly, black women including, Democrats...
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    People Randomly coming off of my Ignore List?

    Just block them again. It could be they created a new account just to avoid the block. You are winning because the idiots want very badly, to see what you are posting.
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    Why is gold doing so shitty?

    One big argument about gold is that it is not easy to dispose of. The gold bars and gold coins that is. In addition to thugs, probably, robbing you if you have gold coins or bars in your possession. Much simpler to trade gold stocks. Look at the stockcharts and do not trade blindly like so many...
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    Surprising new book suggests profitable rules-based strategies are plentiful

    One of the most common trading systems is the 200 sma crossover system. Buy when the price closes above the 200 sma and sell when when price closes below the 200 sma. They say it is profitable although, I have not backtested it myself. This is a long term trend following system so, entries and...
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    Surprising new book suggests profitable rules-based strategies are plentiful

    The sample size might not be enough when actually used in trading. I once, backtested a trading system and used like 118 trades. Very profitable, win/loss ratio 4/1, looked like a cannot lose trading system. I used real monies trading it but, risking only small amounts and was a big net user in...
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    File electronically and mail in supporting documents ?

    I use Turbo Tax. You download all you trading transactions directly, into Schedule D. Turbo Tax does all the computation as to your tax liability if any. You look for your broker from the Turbo Tax list and enter your user name and password as when you login to your trading account. You will be...
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    Market looking nice and juicy to the upside tomorrow, I think the bears...

    This the kind of bear market rally to reel in the legions of retail traders. You cannot continue to ignore the stockcharts and fight the trend. Watch Gaming Wallstreet Documentary on HBO Max. It clearly shows the major players in the stockmarket including, the hedge funds and how powerful they...
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    Probability and Trading

    You do have to follow the trend and make sure your trades are aligned with the major trend. Major trend has been down. Just follow the trend and make monies like the big boys (mutual funds, banks, brokers, hedge funds). I have been sitting on my trades for a while now. As long as the stockmarket...
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    Probability and Trading

    While, I commented on the percentages, the original poster missed the forrest for the trees. What matters more to a trader's success in the stockmarket is his trading edge. If you do not have a trading edge then, you have negative expectation and guaranteed to lose your monies. You need positive...
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    Has President Biden always been a poor public speaker?

    When you lie so much, you keep changing your tune. Judge Judy said it best. Stop lying then, you would not have to keep changing your story. Joe Biden said he graduated at the top of his class. Turns out, he was very near the very bottom. At times in his career, he gave good speeches. Only...
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    Probability and Trading

    Thomas Bulkowski has already tested the various patterns and 50% of the time, they fail. Yes, it is a gamble but, you are taking a calculated risk each time you place a trade. If you align your trade with the major trend, your odds of winning in that trade goes up higher. Still, nothing is...
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    These statements about transitory inflation are bs, it is INFLATION!

    How is that transitory inflation thing going for your GWB, and other ET trolls? You probably, are enjoying your leader, Joe Biden say Putin's price hike? Yeah, keep repeating it. Like any propaganda, you have to keep repeating the lies often enough that you idiots believe it.
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    Investors haven’t begun to price in recession: Here’s how far the S&P 500 could fall

    Most of my positions are short. Only follow the trend. Now, it is headed down, I will short it with put options. When it bottoms and starts moving up, I will go long as well. A lot of stocks will become dirt cheap then----that is the time to pounce and go long. Most retail traders will be wiped...
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    Rhode Island parents enraged at school board for removing honors classes in 'equity obsession'

    Didn't they remove previously, required SAT scores? They should just hand everyone a degree. Extreme liberal professors could all be laid off. Schools will be flush with cash. Just charge every person $100 for a diploma. Most students end up getting loans and spending $100,000 or more on useless...
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