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  1. Wide Tailz

    If the Naz turn up would that be an important double bottom?

    Traditional price patterns are getting a lot less reliable because so many trading platforms now recognize them automatically. There is also a lot more "education" out there for new traders to learn this kind of thing, which then becomes an easy signature for predators to create on the charts...
  2. Wide Tailz

    Risk Management is the answer

    The best risk management is being right, right from the start. Entry is extremely important and so is understanding the prevailing flow of money out there in the world so you have a good chance of general conditions sweeping your position on to yuuuge profits. For as much anger is directed at...
  3. Wide Tailz

    Here's an 84% Winning Strategy You Can Use !

    Will you please stop posting winning strategies. You know what happens.....
  4. Wide Tailz

    Why Is The Obvious Not So Obvious?

    There is really only one basic psychology in short term trading and it's greed and fear. The obvious is this in chart form. And it's obvious that if you can wait until the muppets are obliterated before getting in, you stand a better chance of avoiding being one of them since "the game" is to...
  5. Wide Tailz

    Why Is The Obvious Not So Obvious?

    There are limits to the obvious, because the real market is not like a boxing match where you only have one opponent to deal with. It's more like a world war getting ramped up, because as a soon as you think you have your opponent figured out, another enters the arena after studying you for...
  6. Wide Tailz

    People are negative about trading

    I think they know on some subconscious level that a winning trader is on the other side of many loser's trades (and most people lose when attempting to trade short term). Of course they're negative toward the house, which you represent, if you keep taking their money. People are a lot more...
  7. Wide Tailz

    How to handle temptation by young women?

    Don't believe them. They just want your money. Get used to this type of thing if you remain successful. Your "friends" usually just want your lifestyle.
  8. Wide Tailz

    How will YOU determine that we have bottomed?

    Brace for impact. Either they lower rates immediately and kill the dollar or we have an epic crash. Energy prices are the alpha input to all economic activity. Or, as Mr. Soros and his theory of reflexivity might muse, the crash, when it begins, will strengthen the dollar which will open the...
  9. Wide Tailz

    How to handle temptation by young women?

    "Risk management is the answer"!
  10. Wide Tailz

    Risk Management is the answer

    Whatever you do, please refrain from disclosing your method. I've seen several working systems destroyed by being posted on this very site. And to wax philosophical once again, the motion in the market that fuels your account trajectory is all the unstable orders placed by traders who are...
  11. Wide Tailz

    Can someone give me some miners with fat divvies?

    Not exactly phat but outclimbing its commodity and in the buy zone (yes I'm long): GFI
  12. Wide Tailz

    Why Is The Obvious Not So Obvious?

    Advanced level boxers have several styles they may use, as they read their opponent. When Conor McGregor fought Mayweather and lost, he had a very intelligent commentary at the end of the fight about this. Are you being read by your opponent when you enter an order in your console (assuming...
  13. Wide Tailz

    Short term top call here...? Sold stonks into bear mkt rally

    There is another angle. What price action will cause maximum pain, because that seems to be its goal, if it were sentient. I predict it breaks the down trend then whips back down, after enough stops are filled.
  14. Wide Tailz

    Gotta love ZERO RISK in the SP500 = $$$

    I've always wondered what immovable rock stops the irrestible force of muppets chasing price to these "obvious" fronts
  15. Wide Tailz

    Gotta love ZERO RISK in the SP500 = $$$

    The ADX indicator which I have never found to be useful but it doesn't stop me from putting it at the bottom of my charts, just in case......... *edit - the black line is some kind of trend indicator. If the line is falling it's considered a ranging price action, and vice versa. Only real...
  16. Wide Tailz

    Why Is The Obvious Not So Obvious?

    The reason this thread is in the risk management forum is because no one will ever try doing the obvious unless they are sure of their defenses. It would be like stepping into a boxing ring with a pro fighter, which is basically what any winning short term trader will do if they consistently...
  17. Wide Tailz

    Gotta love ZERO RISK in the SP500 = $$$

    2008 crash technicals vs. now (spy)
  18. Wide Tailz

    Why Is The Obvious Not So Obvious?

    I may have been wrong in thinking I saw the real "obvious" the OP was mentioning. Every time I think I have it figured out, some new dimension unfolds and I see it in a different way. And who knows, the OP was pretty good at saying very little. But if anyone ever finds it, I'm sure they will...
  19. Wide Tailz

    Risk Management is the answer

    Risk management is the first building block to obtaining a positive expectancy trading system. When you have trained yourself to cut losses at a certain point and just go ahead and do it without second guessing yourself, it then becomes possible to track win rate and R multiple. You can also...
  20. Wide Tailz

    Why Is The Obvious Not So Obvious?

    I assure you there is something here in the first ~30 pages of the thread that is so obvious and hidden in plain sight that (speaking only for myself) if applied, can definitely help a struggling trader stay on the right side of the market. My rate of losing money has gone from -30% a year to...
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