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I said with tongue in cheek that everyone should buy the US treasury to finance our debt, but, but... But if you think about it, that's not a bad thing when you factor in how stupid and wasteful American consumers are. They will continue to spend even when they're neck deep in debt. And now you...

Short 64.75 SL 68

Out 60

Short 62 SL 66

Here's ES trading in similar fashion. What should I do???

Honey, that ain't no secret. It should be common sense. :)

That is how it's supposed to play out (at least in theory) but, as I said above, strange times we're live in.

Yeah, yeah, I get your point. But you forget the fact that even with all the debt the US currently has, it is the BIGGEST net importer of the world. The below estimate is for 2022. If you add Food and, especially Oil, into that number, the difference would be greater. The bottom line is, without...

I hope nobody is that gullible to believe your hindsight analysis. Instead of showing us what happened, tell us what will happen by this Friday.

This is the problem with all you EW'ers. You're never out of excuses. It's always "if this happens, if that happens, or else if...". WTF? Ya might as well count the stars. Even the freshest noob could make the same prediction as you: if BTC goes above 72K, it will go up to 100K; if it goes...

Remember, breakouts fail 80% of the time, so you shouldn't just jump in to the trade as soon as it breaks out. First, confirm that it closes above the resistance level. Second, more often than not, it will come back down and retest the previous resistance. That's where you wanna get in. Even if...

I have to say this right out of the gate: you shouldn't expect others to freely divulge their cherished secret. They spent inordinate amount of time (as well as money) to learn their craft. So if they give you what looks like a bunch of crumbs, don't get offended too fast. It's probably much...

No need to beat yourself about it. We all make silly mistakes. In fact, that's what makes life all the more interesting. :)

I dunno about you but that clearly looks like a chop zone. So unless it closes above the resistance line (and it failed twice already), it ain't going up.

Again, the qualifier I used to describe the sideway chop is "bridge", namely what role it plays in bridging the two trends. I'll simply leave it at that.

Oh, c'mon, you can do better than this. Go ahead, chew some more before you spit out the conclusion.

Let me quickly get you back in the loop. Trading, in the larger scheme of things, is rather simple. It only involves 3 phases: UPTREND, SIDEWAY, and DOWNTREND. In an uptrend, you buy the dip. In a downtrend, you sell the rip. In a sideway chop, you play ping pong. With that said, which of the...

What? Are you that slow? What his account is showing might not be everything. I'm pretty sure he made many trades that he's not showing (or that he has other brokerage accounts in addition to the E*Trade account he's showing). For example, he is solely responsible for having orchestrated the...

WTF? That was some weird effing livestream that even Cheech and Chong would have been proud of. But seriously why the f@ck is he using Yahoo charts?? :confused: :banghead: I couldn't get that out of my head while watching the entire stream.