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Not a day trader, never was. I only do swing trading and trend following strategies. My nephew is a software developer but, I will not waste his precious time to design algorithms for me when I can trade without algorithms as I have no use for them.

News and cable stations like CNBC and Bloomberg are not there to help the retail traders. They are there to make sure the legions of retail traders continue to be fed misinformation to benefit the big boys (hedge funds, mutual funds, banks and brokers). Who provides the huge revenues to CNBC and...

The big boys including, hedge funds use algorithms in their trading. If they have determined a stock is headed higher for various reasons----that is good enough for me. You see, I am just along for the ride. They can do the hard work and research for me. My job is merely to go along with the...

Diversifying just for the sake of diversifying is a fool's errand. Why would that help you? When you spread yourself too thin, you are trading the worst sectors among your picks. What are the chances those sectors would do worst than most of the stockmarket? So, this so called diversification...

Look for stocks in the strongest sectors. Sector rotation happens as the economy goes thru its cycles. There are times in the year that some stocks are better than others. Right now, the strongest sector is Energy. Everyone still needs to drive a car and oil is used in a lot of manufacturing...

No, I do not have a target return. I trade stock options which has leverage so, I do not worry about the returns. Returns are higher than buying individual stocks. If a stock goes up 30% my stock options could be worth 100%-200% easily. Also, my win rate is like 30% and my average win/average...

No. I use chart patterns to tell me which stocks to trade. There are times I do not have any trades and other times, I could have 5 trades or more. Then, I have to pick and choose which stocks to trade based on their chart patterns. I use the same criteria or filters to pick those stocks I trade...

You should focus first on the risk involved in trading. I trade no more than 7 positions at any one time. So, 7 x 2% = 14% maximum risk assuming I lose all 7 trades and lose all my monies each time. The Turtles also, traded everything that moved, including commodities to diversify and minimize risk.

For one thing, chances are good, you are risking every penny you have which is dumb on all counts. You should risk no more than 2% on any given trade yet, you have 77 stocks? You are probably, risking every cent on all your positions. Also, the Turtle Trading system is a trend following system...

Proud deplorable here. Cannot wait to put President Donald Trump back in office. I am sure GWB and other ET trolls are having a hissy fit at the mere thought.

Actually, when Moderna and Pfizer vaccines first came out, they were touted as having 95% effectivity then. Then, it kept dropping in the 40%. Now, they require boosters, 3rd and now 4th boosters. So, what protection are you actually, getting? Extreme liberals who attended the Hollywood...

No matter what BS argument of the extreme liberal left, they are taking the life of the baby who did not choose to be born. It was a choice of the man and woman. There are numerous contraceptives they could have chosen to prevent unwanted pregnancy. There would be no baby to abort if they just...

When Joe Biden and other extreme liberals including, the most rabid Democrats do not care about masks in the Hollywood Correspondents dinners with a good number contracting Corona Virus, why should we care? Most of them have been double jabbed, boosted and even have been tested that very same...

Hard to say really. As a buyer of call and put options, I would have kept the put option considering it is deep in the monies. Looking at the stockchart, NFLX probably, will continue much lower. So, why exit your position when larger gains could be coming? 11 days till expiration so, a lot of...

Open interest is the amount of trades already placed and held by traders. Volume is the number of contracts that got traded that very day. If it was zero open interest, there were no trades on that option until today where 900 contracts were bought on that contract.

Police if they had a lick of common sense would leave the cities where they are not wanted and would be shot on sight by the Antifa crowd. Let the extreme liberals police their cities. Then, any shootings would be justified without question. Haven't anyone noticed that shootings in Chicago are...

How is the vaccines, booster shots and lies and disinformation working out for you GWB and your extreme liberal fellow idiots? Sanctimonious extreme liberals at the Hollywood Correspondents dinner back slapping, giving each other congratulations and mocking President Donald Trump and others...

Portland and Seattle should be at the top of the list as a lot of Antifa thugs live in those areas. These are going to be peaceful demonstrations. They should send the police home. Let them put up their autonomous zones.

Federal Reserve took the easy way out with that 0.5% interest rate hike and practically, did nothing. Inflation is way higher than the official 8.5%. Stockcharts will provide more answers as to the major trends.

That came out of left or right field. Joe Biden has no clue and has lost the ball.