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LOL. I'm no student of Al Brooks. But thanks. :)

The way I interpreted your analysis was something to the effect of: "It can go up more, but it can also go down..." Anyway, I won't press the matter further if you want to stay vague. I have my own approach, so not looking for guidance or signals from anyone else, but always interesting to hear...

I don't wish to engage in a debate on the subject, but your analysis was very vague at best. If I misinterpreted you, please explain clearly where price is going, where you would enter, where you would take profits. Thank you.

I don't use EW and it doesn't interest me at this point in time. Was just curious to see an analysis from a proponent of the method. Thank you.

I'm the same way. Doesn't matter if it's a super small position or a position that's well in the money. If I'm in the market, I think about the market constantly. Day trading and being flat every time I log off solves this. To be fair, I still think a great deal about the markets, but not like...

Thank you. To be fair, it's kind of vague, though. Directional trading (not investing) requires precision. What seems crystal clear in hindsight is usually not so in the heat of the moment. I posted my 'napkin math' for S&P in 2024 somewhere else. I thought I posted it here, too, but couldn't...

Care to post an EW (?) analysis of S&P 500? Thanks.

I may not answer your question, but personally, I stopped making sense of the market and after that the market made much more sense. :) Maybe it's irrational, maybe it's a bubble and maybe it's not, but there's no doubt we're in a bull market at the moment and the world still seems to be...

David E. Shaw of D.E. Shaw would in a Market Wizards interview not even share what they did not use as it could provide an advantage to his competitors by not allocating research resources towards a dead end.

I know little to nothing about options, so I'd be out of my depth giving anyone specific advice on options. I did read through and study a tome by Lawrence McMillan (Options as a Strategic Investment) a few summers ago and I'm fairly sure it covered both strategies and conditions. I've forgot...

It goes without saying that anyone you can afford to pay for a service is not going to teach you anything you can't read yourself in books. Just common sense, really. Actually, it's Saturday. And I'm working on my computer. ET is just water-cooler talk in between real work. Doesn't take much...

So, how profitable are you doing this...? :) It goes without saying that this isn't sustainable. Anyone who tries to function on too little sleep over time will learn it the hard way. Additionally, your stress levels are highly likely elevated both during day and night. Bottom line is it can...

You just proved my point and once again got to show everyone what a pleasant person you are. I'm sure the top talent in the option space is just dying to work with you... :rolleyes:

Drawdown Addict, I'll give you some mentoring for free and you can take it or discard it. You may know a few things about options, but you seem to know little about how the world works in terms of relationships and social skills. The attitude you've shown in this thread starting already after...

I wish my broker would let me trade yesterday's chart. LOL.

I'm sure the number is as correct today as ever with the barrier to entry virtually being zero if you live in the developed world. Many are called, but few are chosen. I once read a comment here saying that we should first tighten up the definition of being a trader and how simply funding an...

1. Show me where Kristjan is selling a subscription to a website or a service. As far as I know, he does have a website, but everything he shares is FREE. 2. Show me your stream where you've traded live, daily for others to see for extended periods of time. 3. Show me your tax record. There...

I don't know much about Sweden, but I suspect it's similar to Norway. It's simply not even comparable to the US in terms of wages.

Yet here you are posting daily on a forum yourself... :) Personally, I never ever visited a forum related to my current day job since I never really saw a need to connect with other people in my field online and have plenty of colleagues in person and through networking which I can discuss...

Got to love a forum for Elite Traders where nobody seems to think it's possible to make a lot of money in the markets... :)