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lol wut

How can you make money when wrong? The only way I can think of is if you mean wrong "sometimes" and you're either right more than you're wrong (winners > losers), or you're wrong more than you're right but your winners are much bigger than your losers (like 80% losers, 20% winners, but each...

This post confused me for a sec. "TS" is also an abbreivation for "threadstarter" (kind of like "OP," original poster). I was like why can't the threadstarter post in this thread anymore? Then I realized you meant Timothy Sykes.

Well, if I could predict direction I would just go long or short with my entire account in the correct direction. Since I cannot predict direction, I have to trade this way.

I claim to because I do. Have a look through the thread. Most entires are posted in advance, but at worst they are posted in real time. I don't have an equity curve but the last few trades had daily P/L charts posted. After you've read through the thread, let me know if you have any...

11/16: SPY: -$558 QLD: -$686 Maybe we're going back up? Order to buy 400 QLD @ $47 is still open.

Yeah, I do remember hearing that. That was pretty cool.

Cool. You should start a thread in the Journals sub forum where you make live calls ahead of time using hammers. I would subscribe.

I'm asking if, after price closes above the hammer's high, then is it more likely to go higher? Your statement is erroneous since I was asking what happens after what you stated occurs.

Are you saying that following a hammer, on a subsequent bar if price closes above the top of the hammer that price is more likely to keep going up than to go back down?

@OP, let me give you a quick lesson in internet marketing. The following are true 99% of the time: 1) if it is for sale online and is offering to teach you how to make money, it is a scam. 2) "review sites" that tell you which products are best are affiliate driven scams. They...

Also, it seems all the big name traders make more from teaching than from trading. Maybe I should start teaching. I mean, I do run a profitable journal in the journals forum with all entries and exits called ahead of time. I don't post vague after the fact charts that only show winning...

All that means is he has done SEO work to make his site rank well for "tim sykes scam." It's a well-known marketing strategy. A percentage of the people searching for "tim sykes scam" will come across his website and end up buying his product. That doesn't mean his website is a scam. It...

We'll know if it was a bottom in a week or two.

Up day!

EWJ looks much more tradeable. Much more volume.

Whoa little rally outta nowhere. Maybe it was the bottom!

The OP said it could be the bottom but didn't provide any evidence to support his theory. I provided evidence to support this theory to further discussion.

Two questions: 1) what is the difference between NIY and NKD? That chart posted looks like NIY. 2) Is there an ETF that trades on the US markets for the Nikkei?

Chart?