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Shorting penny stox is a good business too

This is so true! If you can find a successful trader and actually do what they do (much harder than it seems), you can be quickly successful yourself. Took me years to finally emulate early mentors and give up trying to find a more unorthodox way, but I think the journey was necessary to gain...

The Market still pays retail traders to provide liquidity and help it move to where other transactions can occur, but obviously not on time frames where nano-computerized algos are operating.

Been some bad weeks in the past, but if you can draw a straight line we're not even close!

And here I was afraid all the books on trend following might have given away the edge.....

I'm not brave or big money so I need to wait for a clue before taking sides. So far nothing.... (but it looks like MM's read your post)

And for all we know the 5% guy could have been 90% cash, but imagine the levels and spikes you could create with that much ammo......

Down but not out. Long term up trend, lying on the floor of its channel and the nearest horizontal support. Buy the dip?

Worst beatingz I ever got were against superior fighters who had moves I hadn't seen yet. Or getting punished for goofing off....

You learn a lot, getting punched in the face or ribz. 1. Defend your self at all times. 2. Attack with low risk. 3. Relax, preserve your stamina (gets much more obvious when you're pushing 40+). Is this not exactly the same as risk management, a low risk entry with pos expectancy, and...

You will get better at this after blowing up a few accountz

What he said. The Market is one of the greatest intelligence tests you will ever attempt. Wimps need not apply!!

I'll answer it another way. It took 10 years and a few tens of $k tuition to boil it down to a few strategies that worked for me (my own "holy grail"), even though I was profitable my first month and several years in between. It was mostly stuff I learned from a subscription service from my...

I'm no expert in elliot wave but if the goal of your trading plan is to stack all possible odds in your favor, it should be obvious on that diagram which wave(s) are easiest to time and have the most potential.

Easy language confused the heck out of me at first, but once I studied the tradestation easy language manual I got some usable programs made right away. The best ones were around 10 lines of code.

Maybe we should get ready to BTD

Another sign of the top. Civilization has peaked.

That's an impressive move for a couple months. If it puts in a base from here, it may be getting ready for another run:

The pattern is almost universal. When it gets ready to reverse, the price quiets down and starts melting up:

Broken parabolas take a long time to stop deflating (some never do). There can be many spikes back up, on the way down.