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:eek: Was it because of the huge leverage or the predators? This has been my experience, too. Day trading is fun, but small change compared to swing moves. I haven't even tried the longer term yet. :)

Thanks, I needed a good laugh. :)

Thanks. I think I'm seeing a full 5 waves up and broken trendline as well, so what pop we may get could be the lower high before the real shortable move down. I've been thinking a lot about what you once posted: start your trading career on the weeklies, double your capital, then go to...

Pick me up in your private jet, and we can talk.

Pics or it didn't happen.....

3 main ingredients: 1. The Trend of The Market 2. The Trend of The Stock 3. Low Risk execution (buy the dips, sell the rips) All this is built on a foundation of risk management: bet small, bet often, and don't keep betting until you can see you're coming out ahead.

Full contact sports help me forget about The Market, then when I fire up the console again I see new things.

I haven't heard of that service, but I can relate my experience using subscription / advisory option services. I had two option services a couple years back and both came out way ahead. They just traded calls, puts, and an occasional long equity position when nothing was really moving. If...

There was a freak show type attraction on the Oregon coast called "Ripley's Believe it or Not", featuring all these crazy wax sculptures and contorted miscellanea. Our very own Ripley appears to be a trading forum personification of that same freak show..... telling outrageous lies for the...

That's true, I throw it away fast if it does not smell right. Also it must originate from a branch that was above a moving average :eek: I know how much you quants hate moving averages, LOL! :D

Surf's JCP short went against him, too, yet gave a slight profit opportunity within a month, and a decent run after another slight dip. Weak hands are leveraged handz....

Crude long setup taking shape (TA):

:) I was just looking at IWM yesterday and thinking how it is begging to be bought. There are times when fruit hangs so low it bends the branches down, being plump and ripe.....

Surf's new journal is only 1.5 dayz old and already blowing up. But in a way, I agree with what he's doing: avoiding tight stops because they guarantee a slow account death. No guts no glory..... I remember myself posting how Buffet would have been fired, had he been a fund manager, when...

In order to flip these signalz around to get a profitable system, there are a few additional considerations, but there is at least one guy in the ES journal doing just this, based on the equity curve he posted. It's just crude mean reversion: fade all breakouts with a tiny target, because...

:eek: Who would have guessed our own Government would pay people to post in internet forumz........ :confused:

Here's a bad system: Buy a 40 bar breakout with a .1 ATR stop. :eek:

:confused:

Strange, his handle. Being (as he appeared to be) a shill for the government, his namesake would have been illegal under the current regime. But in a way, it is somehow fitting - a russian built assault rifle that is favored by terrorists the world over for its rugged simplicity: not all that...

I had two Gurus in particular who made a positive impact on my trading development, and one of them worked for Bob Prechter. :eek: (Both used TA)