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The only exit process I have is a risk exit. This is the obvious problem. I have studied my errors and the best thing I could do when I get the itch to exit is buy more, lots more!

California real estate has been a stupid good investment all these years. But I think we're nearing the top, because investors are buying properties now just to sit on them like raw land. Here's one.....

Guys I have a severe problem and it's driving me crazy. As soon as I get a good entry and everything looks like it's about to explode, I can't stay in. I would be so rich by now if I could just set a trailing stop and turn off the computer. Can anyone help me keep from sabotaging my own...

No joke, I have 9 airplanes (4 that are flyable). Went up in one an hour ago. Money does buy joy, but love (of what you are doing, or who you are with) creates happiness. :)

I'm down 11 out of 12 years. Trading is not for me, but I love this place and listening to everyone try to decode the next move. Done far better in investing (education, real estate, 401k that I couldn't touch). I'd be living in a box by now if I had to draw money out of my account on a...

I'm really enjoying this discussion. I agree with making 50 points on repeating wins and small size being superior to one win on large size, because the latter is not statistically significant. The real test is how many bear markets you've survived! I am starting to sense some anger out there.

I'm no guru but QQQ, at least, is not showing any signs of the longer move being over. No momentum divergence, breaking out of the channel (sometimes happens during the middle of the move), and all kinds of tail risk out in the world to the downside. I really need to hire a trading coach to...

Smart guys think cutting losses is a sign of being dumb, but in the real market, we're all dumb!

200 sma on the hourly:

Gee, I dunno...... just about EVERYONE in my old office. We're talking well paid six figure engineers, smart guys. Pwnd by the market this year. :(

I'm in Fidelity BrokerageLink and can trade stocks in the 401k, but haven't found an inverse etf that it will let me buy. It lights up like a Christmas tree when I input SQQQ into the little box..... :D

It looks ripe for a bounce but the trend is down. No more buying dips for me!

I appreciate the vote of confidence, and while I was mentally bearish the moment they announced the end of QE and the start of rate hikes in the beginning of this year, my muppet tendencies kept trying to buy the dip and it cost me. I'm not an elite trader. :( However, I am totally in cash in...

Worth repeating the advice from one of the greatest futures traders of all time: "Cut losses, cut losses, cut losses. If you can do this, you may have a chance."

Friends, do not let the hype behind your stocks distract you from doing your job. The bear market has been brutal, but it was possible to see it coming. Look at how the 50 weekly bar sma would have protected you from these disasters:

Honestly Ho, it should be pretty "obvious"!

About 10 years ago I made a trading system that did trend followin on SPY, using a volatility breakout. I optimized it on 1 year of data and let it run for a few months. It didn't make money. Then I optimized it on 13 years of data and it did way better, like totally continued the simulated...

You could just buy what Buffet owns. KO & OXY are the first to come to mind.

You have the perfect user name!

So..... for the record, three days later - The Rocket: