Search results

LOL I bet you have a picture of him as a dartboard!

You just use price and volume ? I think you have been timely and transparent, others might be haters due to envy.

Try examining if the so called LL in an uptrend actually did a LL close, that would help you filter out a lot of the pseudo LLs in uptrends.

You have got to be kidding me. No pressure. All the time in the world to analyze. The correct bias. etc etc etc

I dont really trade these markets anymore, but typically, US Indices are mean reversive, so new highs is not something to be happy about, on the contrary, you know something nasty is coming, just a matter of when. Happy times should had been back in 2009 when things were oversold and good...

Out of curiosity, would like to know what the OP did to deserve the honor to get coached routinely by a veteran trader.

If you want to short, short something weaker, like a metal, or an equity struggling. No need to be a hero, because in the process you look rather stupid and so does your bank account. Another option is to trade other timeframes like the 60min chart, that way you don't have to give a shit if...

None of those guys trade that way because that way makes no money.

Believe it or not, not everyone is comfortable with uncertainty.

I get you, and agree, but not sure where you going with this ? Are you implying one should buy LLs ? :) Considering buying a HL offers no guarantees, it's certainly a consideration. Like buy below last support, and when it retries to re-take the previous support again, adjust the stop...

LOL what do you think ?

Without defining profitable, the question is too open ended. Barely profitable ? 1% a month ? 2% a month ? 1% a week ? Without this info very hard to put a price.

The funny shit is that at one point he thought he was right so he decided to reveal his previous username, then market rallied non stop making him look like ass.

I will be buying puts upon your confirmation, please try to be timely. Thank you.

If you doing consistently well, increase size, if you doing consistently like crap, decrease size. Common sense really.

Current buyers are either dumbasses or short covering. No sensible investor is buying these levels.

If it's a long term play, as RM said it would be, I'm not sure how healthy it would be, from a psychological perspective, to examine it on a daily basis. Perhaps reducing the monitoring to the weekly would prove to be more logical.

The Spanish women are truly beautiful I wonder if the poor economy has forced the prostitutes to lower their prices. Might be a great time to visit.

New market highs have always been great areas to short long term in recent years, just let them take all stops first and annihilate most shorts as you said.

Ya fading Markersurfer works well.