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  1. J

    Cutting losses is for losers

    MM is very much wedded to the periodicity of his efforts. He uses measures to select stocks on one time basis and he invests on another time basis. He truly does not know what you are asking. He went through some education and did some figuring out of things to draw his conclusions. What...
  2. J

    Deflation Theme as a Cover?

    federal and national cash flow on one hand and the policies currently in vogue make up two forces that will yield a perfect Economic storm. We have now broken all deficit records ever set and taxation was screwed too by setting up a scenario to actually collect less taxes as the incentives...
  3. J

    The Stochastic Indicator

    thanks for the Q' and their corresponding A's. We are getting to several good strong monitoring goals at this point. With regard to fitting stuff together. Try to operate off the 5 min primarily. This will take the "suddenly" thinking out of the picture. Second, I do see people here...
  4. J

    Cutting losses is for losers

    MM has answered us about his net worth and capitalization. any number of people here can comment on that.
  5. J

    Can an average guy make a living at trading?

    elite ED, You are not average.
  6. J

    Can an average guy make a living at trading?

    I did some homework on you and I read you post about 6 times. I read all the other posts too. When I compared you to people I have meet over the last ten years who were like you when I met them and followed their progress, I concluded that you could follow in their footsteps. What they...
  7. J

    PATTERNS -- So These REALLY Work???

    Everyone has analysis and monitoring techniques they engage in. Patterns do play an important role for me as I try to figure out more and more about making my money velocity higher. I just use bar charts and I am not acquainted thoroughly with the candlestick formations or their names...
  8. J

    Partial fill, then no fill?

    i always have partial fills because of my hold size. It is not common for me to ever see print be consecutive and I exit at market too.
  9. J

    trading your own style ...

    If I made an excellent list of Q's for you, you would see that personality doesn't really come into the picture. Another myth is starting off as a looser. That is unnessary too. There are many paths and ramping up fast is the best.
  10. J

    psyche issues

    Super post. Hard to see why he posted what he did instead of what is needed in post.
  11. J

    Daytrading vs. fundamental analysis

    thanks I appreciate it. as you perfect it I won't hear from you at all .
  12. J

    Hershey's journal

    here is the bracket now for starting a trade: buy long stop 992 plus one ticks sell short stop 984 minus three ticks
  13. J

    Hershey's journal

    Oh set your protection for 4 contracts and keep your exit at 2 contracts. That way you can get out if you're right (The trade is so long in duration that your one day at a time comment is silly at this point). So as far as I am concerned your entry was a screw up at this point. You need to...
  14. J

    Hershey's journal

    Or have capital tied up indefinitely it looks like you have bracketed out side the trading range so It is just like being sidelined but at risk as well. If you keep moving each tool in a pioint every 15 minutes you can learn to bracket and also get back to trading. this thing you did is...
  15. J

    Daytrading vs. fundamental analysis

    Neat response. I think it is great for you to get encouragement at all times. As you do maybe things will be in better balance for you. Everyone hopes to realize their potential. Have you had the opportunity to do any beta testing with IBD and their associates?? I hope you know what IBD...
  16. J

    Daytrading vs. fundamental analysis

    LOL. i read your posts too. thanks for your contributions. what is getting your attention besides me now? thanks in advance
  17. J

    Daytrading vs. fundamental analysis

    why not just learn to be on the right side of the moves???? somedaay you will notice that someone is one the opposite side of where you are stuck.
  18. J

    Daytrading vs. fundamental analysis

    the day tradrs here are not trading excellent micro universes. you will notice that alot of them on the other hand just trade a group of stuff that has such high volume that is does not move significantly. think about it. when a person is doing volume, he should be in a place where the...
  19. J

    Daytrading vs. fundamental analysis

    you can use FA to get a smaller universe. Making money is not a macro oriented endeavor; it is a micro thing. this is why money managers never beat the true value of the economy. thet are macro jocks. MM is using macro but he has no money like money managers do. This is the onlt reason...
  20. J

    Exiting Positions

    I monitored on 30 chart.
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