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  1. 1

    is today the official starting day of

    How do you use that indicator in your trading?
  2. 1

    "The only way to trade with Fibonaccis" journal

    Lots of S around 133.30 (if you like S and R). Long 600 shares at $133.32 OMG THAT ORDER WAS SO CLOSE TO THE LOW OF THE DAY!!! FIBS MUST HAVE MAGIC POWERS!!!
  3. 1

    S&P 500 Looks On Edge (May 16th 2011)

    I'm hoping for a big drop so I can buy more at a lower price.
  4. 1

    A simple price action approach

    The position I have open now in SPY is probably larger than most traders on this forum's accounts Instead of insulting, try quantifying so other people don't think you're a babbling guru.
  5. 1

    A simple price action approach

    What? That made no sense. Why draw trendlines if you're not trying to predict price movement?
  6. 1

    A simple price action approach

    Where is price going to go?
  7. 1

    A simple price action approach

    And ambiguous enough to not help anyone distinguish between the two :D
  8. 1

    Middle finger statue in front of Milan Stock Exchange

    http://www.theblogismine.com/2010/09/28/maurizio-cattelan-middle-finger-statue-sparks-row-in-milan/ http://online.wsj.com/article/SB10001424052748704681904576317781140034982.html?mod=googlenews_wsj
  9. 1

    do you have to pay dividend on inverse ETFs?

    As far as I'm concerned, SH is short SPY. It's not exact, but it's close enough. And you don't have to pay margin interest on your position.
  10. 1

    ETF Trend Trading Course

    I'd be weary of that. Trading systems should be very precise and without room for modification. Sounds like a scam from the rest of this thread. Maybe add him to this list? http://www.elitetrader.com/vb/showthread.php?s=&threadid=212110&perpage=40&highlight=woodie&pagenumber=8
  11. 1

    do you have to pay dividend on inverse ETFs?

    so the answer is no, then?
  12. 1

    do you have to pay dividend on inverse ETFs?

    you know that SH is inverse SPY right?
  13. 1

    do you have to pay dividend on inverse ETFs?

    So if you're short SPY then you have to pay the dividend. But what if you're long SH? If not, can you go long SPY and long SH before the ex-div date and college the dividend on SPY? I know SPY will go down on the div date and SH should go up by the same amount, but if you don't have to...
  14. 1

    A simple price action approach

    wait seriously? I thought he was tooling you with that post. I mean look at those trendlines at the bottom; they don't even go anywhere or connect to anything :D
  15. 1

    A simple price action approach

    You changed your trendline between those two last posts. Can you do that?
  16. 1

    Identifying an edge

    So you could say LTCM's "edge" ceased to be an edge when they collapsed.
  17. 1

    Predict where SPY will go in the next few months in this thread!!! Charts!!!!!!!

    Dude if I could predict a few days ahead, even if I could only do it a few times per year, I'd be retired by now. Load up the boat with ES contracts in the correct direction. Close position a few days later. Repeat at next opportunity.
  18. 1

    Identifying an edge

    Everyone on this forum throws that term around yet no one can define it or quantify theirs. If you're making money then you probably* have an edge. I guess an edge could be something like "I have this awesome indicator that always gives me winning signals." But it could also be "I have an...
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