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  1. M

    Daytrading: Do you prefer the closest, average, or highest resistance on breakout entries?

    %% Depends on if long or short. All my enrtries/exits are day trades; but most turn into planned positions. swings. One of my favorite entrys is enter about point a on your chart but use weekly candles + have no idea if this helps your daytrading.- it could...…………………………………………………………….I drew a...
  2. M

    Did the stock market just hit a brick wall?

    Good down move while it lasted/qqq/sqqq; QQQ tends to outperform dow, regardless.I get more guidance from a 2oo/50 day moving average on qqq. Some in markets look ahead 6 months; but summer rally tendsto be weaker than 1st + last quarter...……………………………………………………………………………………………………………..BA looked...
  3. M

    Are markets zero sum game?

    %% Exactly; + markets makers/specialists/exchanges/dividends can profit also. And can be some exceptions to any rule; grain elevators,,,,,LUV airline hedging fuel. And a realty derivative like a mortgage can profit plenty of players.
  4. M

    Todays action was clearly ugly

    %% Good down move while it lasted. I figure SPY/DOW may be down in AUG/SEPT, as Stock Traders Almanac 2019 notes.QQQ iss till above 50/200dma. Good move in sqqq…………………….. Not a prediction/not bank insured.
  5. M

    Fed rescues LTCM-type hedge funds, again

    %% I did my part once, profit on TMF, but it got too wild for me to keeps buying/sellin that.Actually the Fed managed/strong armed the banks to bailout LTCM. And LEHMAN +Bear figured they were big to fail; too bad they figured wrong. Interesting AIG lost almost all the court cases/sued FED,i...
  6. M

    2 weeks in a gutter

    %% LOL Strange stuff/trends this year; 2 libraries shut down for 50 days[open now]/ but both gave away a huge # of books. RE-read Stock Traders2019 Almanac last nite= SPY/DOW tend to be down AUG/SEPT. Not a prediction...……………………………………………………………………………………………………………….
  7. M

    Im looking at AMD today on Intel’s weakness ...

    %% QQQ is stll strong above 50/200 dma; sqqq had a good move yesterday/ early today.
  8. M

    Urban gardening is becoming more popular - decreases urban food costs.

    %% IF that is the case; buy some miracle grow soil/50 pound bags/raised beds...………………..
  9. M

    2 weeks in a gutter

    %% Sounds like you meant lower bid ask spread/rather than low priced hkangaroo; floor traders said no such thing as a ,low priced option.They are less risk/in a limited sense/ easy to figure max loss. Best thing is take some out of your account //invest in some trading books/library cards. Me...
  10. M

    Is trend following/momentum a mirror image of Mean Reversion?

    %% Good brief counter-trend downtrend/QQQ/SPY/DIA. Re-read 2019 Stock Traders Almanac, last nite=SPY/DOW tend to be down AUG/SEPT. Can not, generally speaking-- let the profits ride on mean re[aka countertrend]; like the profits ride on trends...………………………………………………………………………….BUT if some thing...
  11. M

    Bank preparations

    %% Don't even know Harris; is she the ex DA, Dem, the dems hate 'cause she was for a little/not much law + order???????
  12. M

    Urban gardening is becoming more popular - decreases urban food costs.

    %% And actually, with a oversupply of non selling real estate- makes perfect sense to put the land to garden use. TN/some states, have a greenbelt law, 15 ac or more gets a good property tax break...………………………………………………………………………………………………………………..
  13. M

    Is trend following/momentum a mirror image of Mean Reversion?

    %% Tq poster has good countertrend timing/LOL; much different from a trend...……………………………………………………………………………………………….Good gap down/ mean re/countertrend today.
  14. M

    "Cut your losses short and let your profits run"

    That tends to work well/very well, especially in longs/long trends; even though an inverse ETF, take some profit targets sometimes, due to violent mean reversals in shorts..........................................................................................
  15. M

    Bank preparations

    %% LOL NOT likely we elect a socialist like ao cortez to president. Now that its closer to sat/payday; I like some more cash. But speakjng of coin when you buy or sell try not to use round numbers all the time/LOL Fed says somewhat of a change shortfall.[My buy order includes change /LOL]
  16. M

    What are the differences and similarities between commodity futures trading and US stock trading?

    %% Both trend well/LOL. Commodity/ commmodity etfs are like futs/ can lose more, or make more.Stock etfs can pay a dividend. IF the feds tear gassed the mayor of Seattle + they did, all of the above can make money...………………………………………………………………………………………………………………. IT can be a disadvantage for...
  17. M

    Similarlity between Trading and Christianity

    Four things are small, but wiser than the wise; ants are creatures of little strength, but store up their food in the summer. Proverbs 30,NIV+ Youngs Literal Translation...…………………………………………………………………….
  18. M

    Is trend following/momentum a mirror image of Mean Reversion?

    %% Initial impression is that could work well ; but UDOW[dow X 3] almost NEVER/never does as well as SPXL [spyX3]. However on an intraday it does sometimes. APRIL dow may do better than april spy.; but dow stiil tends to under perform spy/spxl/upro/es .GE or DAL shorts may have made more than...
  19. M

    Is there a limit to the rise and fall of US stocks?

    %% Yes; US stocks tend to fall abit in Sept selloff....................................................................
  20. M

    What all information do you keep in your journal and how do you review it?

    %% Print out charts; 200 dma/other dmas, hi/low/close/volume/av volume/stops/profits/losses. Weekly/day/weekly. NYSE short ratio. SPY/QQQ/UPRO.......... Most of the stuff i trade/invest in , would be a little better off splitting orders on exits/ but i seldom do...
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