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Long BZH @ 2.95, stop 2.62; 500 shares for 1% R

The reason trading is an art not a science is because there is no known statistical distribution that accurately describes price movements. It always changes and is ruled by the tails. Engineering solutions don't wear out with time like trading systems. A P-51 Mustang is just as awesome now...

Potential extended fifth wave approaching on BZH.

"B waves are phonies...... sucker plays, bull traps, speculators' paradise, orgies of odd-lotter mentality or expressions of dumb institutional complacency. They often involve a focus on a narrow list of stocks, are often 'unconfirmed' by other averages, are rarely technically strong, and are...

Speaking of Dow Theory...... Cup & Handle or Double Top?

I'm not sure if it's been mentioned yet, but love not something that you can "get". It's not a "target". It does not respond to artificial behavior. Love is a gift. It's much easier to find if you start giving it away first.

Recent paper trading insights: 1. Trend following tactics work great for the first 45 minutes of the day (buying breakouts), then range tactics rule (anticipating turns). 2. It never pays to move my risk stop! 3. When I take the time to do the elliot count for a swing trade, the oddz...

More than 90% of the general population aren't even adults, from a psychological standpoint.

Good troll, but from an engineering standpoint, I'd like to voice the outlier case...... bored by the work place (my degree is just a license to hold a desk and a middle class income), seeking the satisfaction of the kill, and a real application for all those statistical & analytical skillz they...

CBOE.com under Menu>Tools>VirtualTrade

I tried options and the spread / time decay got me. But I wasn't trading like the typical option subscription service newsletter: 5% capital on each option play with no stop. Is this how you do it? It makes a ton of sense if you can reliably get in before the volatility explodes.

That's basically the idea. The third wave breakout is the first pullback in a new trend. It's based on the assumption that every trend has at least 2 impulses.

You got that right. I'm actually fighting the range. Looking for trendz in this market is like trying to fly a kite with no wind. You can run and run, and get it in the air....... until the string goes limp. :eek:

sold @ 20.99 Frustrating market.

Long BBG @ 21.41, stop 19.8; 100 shares for .5% R

:eek: And here I thought swing trading was the holy grail. FX day trading seems like a pretty competitive weight class.

LCC flashing the sign. The inner question: will The Market keep going up? :cool:

Stopped out for .4% loss. In hindsight, this was obviously not one of those times. Was it worth .4% to indulge myself and try to call this top? I think so, because now I see my mistake...... FAZ patterns are of little value on their own, and must agree with the SPY which did not break its...

+200 FAZ @ 21.41, stop raised to 21.09 for .3% R

It's just not the same without Grand Supercycle. He had some creative TA.