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  1. M

    Etrade crash 12:49-12:53 pm PST (7 min before market close - when SPX squeezed up?

    %% NO, but one days of those days closed above the previous days close. Etrade was the worst broker i ever had , but that was before MS bought them. Since SPY took out the lows then also I had enough + not to get in there. I never depended on one broker,[data etc....] much less for thier...
  2. M

    Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99

    %% IN MY WHOLE LIFE,I have known no wise people who dont read all the time, zero; Said his kids laugh @ him thinking he is a book with legs sticking out LOL- Charlie Munger { I wonder if that last statement is REALLY true LOL??} Good overall quote anyway LOL.:D:D} I WISH everybody worked as...
  3. M

    Renko Charts - How to day trade ?

    %% LOL I'll take you word for that, they look so far fectched+ goofy like a 200dma , may work ..... 10 day signal may mean more than any chart style; I dont like barcharts also, so i dont really want to test those also:caution::caution:
  4. M

    How to follow money management in trading?

    %% 555]MAKE sure to do some cash+ cash ETFs + or funds since you dont know the future. 777]MAKE sure to do regular work + regular giving; like Paul Tudor Jones + Bill + Melinda Gates Foundations. 1]Sure don't need foundations to give regular but you get my points:caution::caution: 888] Also...
  5. M

    3 phrases of trends: which is low-risk & high-rewards?

    %% SURE not the best risk-reward ,start of a trend; not sure the end of a trend is the ''lowest'', since a good trend will have already enriched one . A good trend tends tend not to end- that is for a good time + good % and or %%:caution::caution:
  6. M

    trading strategy

    %% %% Great read + reread. I WAS thinking about his child hood today/ he had a big edge going into trading he failed so much, from such an early age he KNEW he could fail in trading -investing- also.:caution::caution: How to Lose Money ;8 ways. 1] Be a genius, get good grades, Ivy League...
  7. M

    Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99

    %% He could be blunt+ very blunt , i liked him anyway. He warned GM went to hell \one union contract @ a time:caution:
  8. M

    How to register as professional trader with the IRS?

    %% START with a trading notebook mine =college rule 120 sheets/240pages. THAT way \IRS audit, schedule C or no IRS audit; helps you anyway:caution::caution:
  9. M

    Max number of positions

    %% Maybe right . May also be prolly helpful to look @One of your last charts[100 in one single basket]. Funds can do it easy; How many can moniter 100 or 500LOL well or very well with no lag?? Not me. And what'$ the cost basis for the 100 or 500; and whats the day close + open, hi lo,YTD...
  10. M

    Low liquidity

    %% Avoid premarket\ avoid semi liquid stuff\ Tops + bottoms[daily or monthly] are rather infrequent so max slippage =not real common. 8-11or 80 million average day volume solves your problem. Super good, amazing fills, you may have noticed ,happen when we're on wrong side of trend. Only one...
  11. M

    trading strategy

    %% A Must Read for every trader ; THE RULE ,by Larry Mint Hite/ Tom Basso, Founder TrendStat Capital Management Ink. My copy is not handy\so its AMZN copy. 2 Find the game you Love 5 How to Lose Money WALL Street is a great place to work, because never have so many been paid/ so much for adding...
  12. M

    A Retail's Day Trading Experiment

    %% GOOD WARNING; no wonder MCD also sell$ fish, juice + coffee[hot coffee caution LOL]:D:D
  13. M

    Good grief

    %% READABLE chart\ no wonder so many hate movin' averages\ too readable LOL :D:D I'm in CST, so10;10 +/top area =9:10 CST. You do know most gaps that hold for 30 minutes [8;30-9 00CST} hold for the day dont you.?? Meaning most of those VWAP trades short on that gap would lose money. Its like...
  14. M

    trading strategy

    %% SUPERbook; even better , he disclosed he was no athlete, pattern of persistent losses, and half blind:cool::cool: ONE book reviewer, said with scorn ''written for a 6th grader'' LOL:D:DGood read!! Frankly i felt cheated i had not read the book much sooner. Buy it or borrow it. Better than an...
  15. M

    Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99

    %% BIG, BIG enough to buy a BIG Mac,good brand also. SPY ,Vanguard, Fidelity500, JPM, MS,BAC, buying + holding [waiting] . And most likely some market making trades also. IF SSO does NOT make a daytrade profit\kick it out\exit \small loss not Big Mac size loss.:D:D LOL.\Actually the regular...
  16. M

    Tell me how this works again?

    %% Speak for yourself, maybe you just did ?? NOw do Islam , but dont use your real name unless you want to be a dead duck:caution::caution: Faith is the title deed. Hebrews 11. AMPC Bible. Renters that never bought real estate dont believe in title deeds[aka deeds of trust]LOL:D:D I've God...
  17. M

    Charlie Munger, Warren Buffett’s Partner and ‘Abominable No-Man,’ Dies at 99

    %% WSJ sure is skimpy with free reads; IBD [aka investors.com]= much better, as usual. CFRA {VP}Cathy Siefert says they have enough talent to cope with the loss.
  18. M

    TA question often asked... "Do trendlines work"?

    %% COOL/in every sense of the word. King Solomon said a woman is like a deer[supersensitive, sights smells sounds=wow that explains a lot] Elk herds growing in south now, may not have time to hunt them\ much less gut 'em......... I got to grow up around TN ,AR, MS.[Black bear was rare...
  19. M

    efficient stop loss

    %% Good discretion, good brand MCD. I'll have to research average /HI\Lo price of MCD Big Mac:D:D:D:D:D:D,:D:caution::caution: Good thing I did not aim @ repeat SPXL profits, this week\cut loss on SPY inverse+ SSO. SSO = snack size of SPY ,LOL
  20. M

    pattern recognition question

    %% Penny stock noise trend............
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