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I am long with fairly tight stops. I had a friend in the spoo pit that was a perma-bear. He had made a couple of mil arbing bonds and wanted to try the spoos. Everyone does. He refused to believe it was going higher. It just has to go down he used to say. Ultimately he gave back everything...

Amen!

That's all that needs to be said. That's pretty funny tea. Nice call.

I wonder if you could get a fat gov't grant to conduct the study?

Interesting discussion of strategies.

"The daily skirt" has been moved to Chit Chat.

LOL, it has been viewed 2245 times though. While this pales in comparison to the 61000+ who have viewed the short skirts journal, someone is looking at it. :) Thanks for your support tampa. I knew I could count on you. That said though, I should move this thread to a more appropriate...

Not this time Jack! I thought I remembered a similar thread last year. What do you know: Lol, I guess things haven't worked out so well. Having read thru a number of your posts since I posted previously, I can't say it's a shocker. This thread is closed. The first one is still open. If...

This needs to progress or it is history. Jack I am giving you the benefit of the doubt because of your time here as a member. Perhaps you'd like to elaborate on your trading knowledge, what you want to trade, etc.

As a trend trader I cannot think of anything that has cost me more profit opportunities than this quote above. Acting on my directional bias is bad. Not that I am always wrong, just as I am sure Don is not either, but it is not the right way to trade. Thanks for sharing the wisdom Don.

OK. I did n't realize that's what this post was about. To Tech Analysis it is. Maybe next time you can start the thread there.

And here I was about to move the thread when The Answer came from the back side, did that sweet crossover thing and nailed a three! What was I thinking?

Just goes to show that poor data reliability didn't keep QCharts, or Jesse Livermore down. :)

I am going to presume you mean lines drawn on a chart versus lines inhaled through a nostril. It is very important to be absolutely clear about the definition of terms around here lately. For clarity's sake mind you. :) Actually though, I'm thinking that even a few drawn lines on a chart...

Lobster you might have had a number of true answers right up to the last qualifier. On the other hand it seems there are a some "price action only" traders around here. Maybe you need to rephrase the thread and make it something like, "If you aren't using indicators you're a loser." That...

I am.

Exactly.

All you need to know.

Folks we seem to have hit a stone wall on commentary. I am closing this thread, as it appears damir is about to begin a new one that should bring into focus more clearly his methods of trade management. Please feel free to start a new thread explorig the topic of this one.

That's what I have.