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+100 tqqq on support, looking for bounce *edit- out for loss, pattern failed

Wasn't directed at you. In other words, anyone who trades successfully, owns property and has to defend it will not open the door to a stranger bearing gifts, especially on a public forum. Nice elicitation work, truly a case study for anyone with something worth keeping secret.

Anyone worth a few hundred is not going to risk identity theft to gain $13k........

+100 tqqq on the third wave breakout. Trailing stop somewhere below the swing low....

I'm starting to wonder that myself. One day I will be brave and open a futures account, and trade the thin overnight session like Jack Morgan. :D

Making?! On a good day I don't let myself lose more than a hundred bux. :D Risk management is the answer!

Yeah that fourth wave is super messy. Here is another count that partially explains it with a running ii wave. The small timeframes are always a little weird.....

This is just too much. Has to be fake. We're all being trolled!

I'm no Guru but it sure looks like a local bottom. The count implies a false break of the triangle then the launch, for MAXIMUM PAIN! *edit- long 100 tqqq at the tip of this glorious little flag, and a limit for another 100 on the next line down

Two main ways to catch prey, aside from hiding in a blind with a rifle: 1. Goad them to react so they leave their safe space 2. Offer something for free, the tastier the better

This is the ultimate spear phish, just epic. Risk management.....

And if everyone used it, it would stop working :D The paradox of markets..... the only time we ever agree is when we're all wrong!

Oops, probably not. Might be time to take my medz. Thanks.

BBBY looks coiled. If the main markets rebound tomorrow, this thing is gonna fly.....

It looks very similar.....

I know this is EliteTrader.com but for me, the real missing link has always been macro fundamental analysis. Some of the greatest traders of all time have been gurus at this, and it's easy to learn. Starting over, I would learn this first and then very basic TA. But of course, risk...

I enjoyed the thread, thanks for posting. I'm in the "double your money a few times first" camp. Been trying this myself for years, still no luck. Bitcoin fixes this. :D

Yeah was just thinking it sure looks like a five wave down. Lookout below?

They say in law school you have to learn how to argue both sides of a case. This mentality (similar to Charlie Munger's "invert, invert, invert") is extremely useful in elliot wave analysis, or any TA technique. In a lot of situations there is no definite outcome, just many possible paths that...

I'm no Jack Morgan but here's an action shot from a recent outing: