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  1. formikatrading

    Bears throwing in the towel everywere . Fighting the Fed did them in

    "Remember, the market is always right. It is the analysis or set-up that is wrong." - Peter Borish (from Foreword for "Mastering the Trade").
  2. formikatrading

    Bears throwing in the towel everywere . Fighting the Fed did them in

    Ken: If I could make one suggestion, check your biases. You mention reality setting in. The reality IS the price / momentum / volume / breadth -- and most importantly, PRICE. Once your belief system doesn't have built-in biases as to what has to happen or some connection to the economy or...
  3. formikatrading

    Bears throwing in the towel everywere . Fighting the Fed did them in

    I heard yesterday that China had to close schools due to another virus outbreak and then I heard someone turn on the printing presses and I was at peace again.
  4. formikatrading

    Vote: Crash, Consolidation or Pullback coming?

    46% crash votes? SMH. New highs on the way!
  5. formikatrading

    Three Questions for those who taking Exam Series 3 and 7 License

    Like Trend said, this all depends on your specific situation and the number of people you are managing money for. You should read up on Series 65 and the Registered Investment Advisor requirements as it would appear you're going down the wrong road with Series 7.
  6. formikatrading

    Vote: Crash, Consolidation or Pullback coming?

    all those votes for a crash, I need to be more bullish.
  7. formikatrading

    I've seen total madness in low priced stock

    This is very similar to the late 90's / tech bubble. Just think, back then people were just getting online for the first time with online brokerage accounts with $9.99 per trade. Now, with zero commissions and numerous people at home with nothing better to do, we have entered the next phase.
  8. formikatrading

    Irrational exuberance 2020 style

    So a few things to consider: 1) Fed is supporting the market; 2) Folks who followed the markets somewhat were working from home in March / April / May and saw stocks they know like AMZN, AAPL, NFLX, FB, etc. all selling at a discount and started buying them in their brokerage accounts WITHOUT...
  9. formikatrading

    what is the NKLA stock? trying to study?

    I made about 50% on VTIQ (now known as NKLA) in past few weeks. I sold when the acquisition took place -- thinking I was smart to sell into the news. I guess not.
  10. formikatrading

    Any trading chat groups on Telegram?

    What are you trading and what time frames?
  11. formikatrading

    Any trade journal software for institutional investors?

    I went with Trademetria as it's a bit less costly than Tradervue (although I have heard good things about that) and I have been happy with it - it keeps getting better. The founder is very responsive to any issues. I originally tried Edgewonk but the broker import feature is not as expansive...
  12. formikatrading

    Why the Bulls are still around?

    As long as people accept the US dollar, they can keep the presses going. This may or may not be an issue in our lifetimes. Just kick the can down the road.
  13. formikatrading

    Why the Bulls are still around?

    Now we're cooking with gas!
  14. formikatrading

    poorloser's journal and journey (to success?)

    Aside from your username, I appreciate your efforts and journey. I have never read Mind Over Markets. Your post and your comments intrigued me enough to order it. I really liked what you said about thinking in terms of "this is an area where something is likely to happen." Sometimes I have...
  15. formikatrading

    poorloser's journal and journey (to success?)

    I'm serious, though. You manifest what you think, say and write. Seeing "poorloser" every day isn't something that you want if you're seeking success. Maybe you just need to create a new user. Best wishes.
  16. formikatrading

    poorloser's journal and journey (to success?)

    First suggestion would be to change your username if you want to be successful.
  17. formikatrading

    Why the Bulls are still around?

    I agree -- this bull run has at least in part been fueled by millions of people working from home with their brokerage accounts open buying into a market with no commissions!
  18. formikatrading

    Why the Bulls are still around?

    Didn't I just say we're going even higher? So just add additional exposure on the dip. Take some off on the rallies. Be water, my friend!
  19. formikatrading

    Why the Bulls are still around?

    This is my best proprietary indicator which is a breadth / momentum indicator. Note the negative divergences in February. Look at it now.
  20. formikatrading

    Why the Bulls are still around?

    But there were warning signs in February -- lots of negative breadth indicators, negative divergences, lots of optimism, etc. Right now, we have none of that. New highs ahead.
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