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  1. formikatrading

    Why the Bulls are still around?

    The most bullish thing a market can do is go up in the face of doubt, negative headlines and bearish sentiment.
  2. formikatrading

    Anyone else hit the burnout point with trading?

    What is your purpose? Reflect on that. Some things to consider -- Volunteer / donate some of your time to some causes you believe in. Find new hobbies.
  3. formikatrading

    Why the Bulls are still around?

    Well, the more I see posts like this, the more confident I am that there is a lot more upside!
  4. formikatrading

    time frames

    That's just your view and beliefs on what works best for you. That's what's great about trading. Different strokes for different folks.
  5. formikatrading

    time frames

    I do use 1 hour and 15-minute but that's as small a time frame as I want to go!
  6. formikatrading

    time frames

    Personally, I can't look at a time frame smaller than 15-minute. it's all preference and how much you want to be glued to your screens.
  7. formikatrading

    Bears back finally? Dow futs-200

    Ken: I may have said this before, but you seem like a good dude. You never take offense to differing opinions and always are cordial and respectful in your responses. We need more people like you on this site -- and in this world. Best wishes.
  8. formikatrading

    Bears back finally? Dow futs-200

    I also am not a fan of diversification. Zurich Axioms is a good read on this topic.
  9. formikatrading

    If you have been bearish for the last 19,000 point, theres good news

    :D:D:D:D:D I laughed out loud at that post!
  10. formikatrading

    Bears back finally? Dow futs-200

    All this is known and the market continues to go up. That is pretty telling.
  11. formikatrading

    Bears back finally? Dow futs-200

    Too many people are still fighting this market and trying to rationalize it by what's going on in the economy and society. "Any form of hedging, whether mental or real, is not only mathematically and tactically indefensible, it is psychologically destructive. It impairs your ability to see...
  12. formikatrading

    This is what a market bottom looks like

    Since 2008-2009, this is "rigged" market. If you have at least a 2-year holding period, there seems to be virtually no risk in holding S&P 500 or Nasdaq 100 as the fed will do whatever it takes no to support the market.
  13. formikatrading

    Bullish at a Time of Extreme Panic (Larry Williams)

    Larry isn't perfect but he's more right than wrong and better than most. The dude nailed the 2016 election bottom nearly to the exact point on the S&P 500 futures. Anyone who makes these kinda calls and also turns $10k into over $1M in a year (1987 World Cup Futures Trading Championship)...
  14. formikatrading

    Cannabis and coronavirus news

    The pot stocks have already been moving.
  15. formikatrading

    Should US open economy sooner in May or wait more.

    Problem is the "experts" we have been listening to have a myopic view which is only focused on the virus, not overall health and well-being of our nation. I think we have reached the tipping point, though, where people aren't going to listen to them anymore. The pace of re-opening is...
  16. formikatrading

    Coins from Feb 2009 (in Tulip Trust) just moved yesterday. Bitcoin finished.

    From my standpoint, that Kleiman case suggests that those guys were Satoshi. I heard a not-so-publicized interview from Craig a couple of years ago where he suggested in somewhat cryptic language that Satoshi was not one person and that "the rest of the band" is no longer around so he wasn't...
  17. formikatrading

    Bitcoin to drop below $6000 within 10 days

    That's Gold, Orbit, Gold!
  18. formikatrading

    What are your thoughts on the new 2% rule recently implemented by Topstep Trader on funded accounts?

    More restrictions from prop trading firms. :confused:
  19. formikatrading

    S&P close to 3000 key res 200sma -- strategy?

    The fact that I don't want to short here probably means that I should. Theoretically, should be resistance right up to about that 3020 level. Also, got a "13" sequential sell signal today on S&P 500 and NDX and most of my signals are at typical short-term sell levels so I'm not about to push...
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