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Fib retracements are completely useless. This has been studied quite a lot (one attached below) So your videos are relatively baseless.

That is why 95% of traders lose their money. They have no idea what to do, so they fund quacks and charlatans offering books, advisories, education and $5000 "PH.D.s". These friends should learn how to trade. It works much better.

fib levels are not more significant than any other level. Studies such as the following (attached): "Our conclusion must be that there is no significant difference between the frequencies with which price and time ratios occur in cycles in the Dow Jones Industrial Average, and frequencies...

I understand Jack Hershey is doing 3 times the range. Must be nice to capture 2800 Dow points in one day...

then you really don't understand what life is about. Many "rich and successful people" are constantly doing self-destructive things. They make a lot, and find out their life is no more meaningful than it was before. Backstabbing, me-too, expensive toys, etc. fill the closet, not the soul. In...

No, its NOT a bull market. 1 day has zero meaning. We are in historic volatility. There is no guarantee that next week won't be DOWN 15%

thanks heavens FOX always gets it right...

Are you for real??? What has this got to do with successful trading??? Why not just roll some dice and read tea leaves???

The other guy was right. InteractiveBrokers is a rock in these times. Lehman, Bear Stearns, Merrill were in deep doo-doo. Look at Iceland, including their version of investment banks. Royal Bank of Scotland, Goldman, Morgan, many European banks, Asian Banks are shaky. Look at...

If your drawdown is 45% in such a short time, it means your return is not 300%. You are way overleveraged. Think 10% drawdown, and divide your 300% by 4.5. NOW you are talking about your realistic returns. And of course, you have been doing this a short time (your next drawdown may be...

Must be another hershey trader :D

I love the clueless who pick bottoms, big gains OR losses such as this. They "have a feeling" or "just know we are due." Trying to predict the future separates papertraders from the experts. You don't have a clue what is going to happen next. See how the market moved up 800 and down 600...

Yes, keep your account at Interactivebrokers. No one knows what kind of carnage may hit the little brokers in the coming months. If you are trying to save a little on commission, you may wake up some day very sorry. IB has many built-in protections against economic disaster. See what...

Is you brain wounded? Are you deaf??? I said the poster is from a site that DOES NOT WORK. I was with them a year. Their own forum had people demanding evidence. They gamed their track record, leaving out losses and giving blank stares when challenged on it or even feeling hurt! Even now...

wait a year...

use elance.com or rentacoder.com. much cheaper (international) and a wide array of skills.

interactivebrokers.com

because not planting is even more expensive. If fuel costs are lower, so is fertilizer and energy costs. And the world pop is increasing - more and more food is needed. Wealthy Chinese and Indians are moving up the scale, and meat needs will also drive up grain use.

In another year, I might start getting small apartment houses again. I got out when prices went up. I like older rentals that can easily be converted into single family - dual use. Even better, in a large college town where there will ALWAYS be students. Rental is as close to cash flow as...

iceman TA and floors mean squat in this kind of market. There is still nothing but a black void in interbank lending, the huge deleveraging, etc. etc. No one is any closer to knowing whether this is Depression 2. The Dow could hit 3000. It is already down 40%, and has shown NO sign of...