Search results

  1. M

    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    %% LOL David's Faith did prove him wrong \said quote ''wrong '' unquote:D:D I use m average some\ but a dirty little secret on those \they dont really work \ trader-investors have to do the work.................................................
  2. M

    Big Short trading edge

    %% LOL:D:D; shoUld have read the title\good short + sweet play on words.
  3. M

    Introducing AltIndex.com - Looking for Feedback on a New Stock Market Research Tool – Your Thoughts?

    %% Looks pretty good ,haven't signed up yet+ seldom do. It rated FANG an AI score of 72; barchart.com has it 80%, close enough :caution::caution:
  4. M

    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    %% LOL, can be a grain of truth in that sarcasm:D:D 50dma not working much today\ but price edge was is SEPT smacked so much by polar bears\cant complain much even when it seldom moves .
  5. M

    Social media effect

    %% I never blame my losses on social media; even though no man is an island, so could spend[or waste] to much time on FB\meta. Dave Ramsey says 80% of daytraders lose, not sure its that high ?? Talking snake media maybe even worse sometimes obvious are trying to churn commissions or promote...
  6. M

    Big Short trading edge

    %% Amen; even though i dont go thru all 500 or 505 every time i do SPY.
  7. M

    The largest hedge fund managers 2023

    %% 10 year row sounds like its annualized, Citadel maybe about 30% annualized not 300%% , but that's just a guessLOL:D:D Good read
  8. M

    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    %% LOL good proof:D:D; @ first glance a 50dma looks ''meaningless'' + useless. But some use More of alphabet than '' Wxy'' LOL:caution::caution: ''M'' means market direction , but that 's a whole book pattern LOL
  9. M

    Crude oil headed back to $100.00

    %% EXACTLY\ except in the past 70 years with winter oil valleys +bargain buyers of oil companies , that had too much debt. Great king size Arabian line , when asked by Pres Bush to ''increase production, to cut our US oil price''; Arabian king said ''why dont you cut the US gas tax LOL...
  10. M

    Is there a must-have desktop calculator for trading?

    %% NOT really must have, but IBD...... recommended but helps; Stock Trader's Almanac. I use 2001, ...........2019]
  11. M

    The largest hedge fund managers 2023

    %% Bridgewater founder said '' work well.....+LIFE is like a journey......'' Looks like many + money moved out about the time he did.:caution::caution: Good read anyway .
  12. M

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    %% Good points MW\NOT that i believe in ''luck'':D:D OCT does tend to be , nickname '' bear killer ''[Stock Traders Almanac] SPY[S&P 500]did a big bear move all year, AUG,SEPT also mostly\ 1974[ Nixon impeachment ] OCT went up about 16%[ much more than ''zero bearing'' LOL '' And last gov...
  13. M

    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    %% COULD do that; but m averages are not for all. Some also use all the alphabet + not just ''wxy'' LOL:D:D
  14. M

    The SEC Wants to Spy on Your Portfolio

    %% USa is founded on a limited gov; not bribing citizens-slaves with quote '' free junk'' unquote. At least the SEC cut fees + would to God all agencies would do that. NPR did whine about a gov shutdown would keep many from going into gov=that could be a good thing LOL:D:D
  15. M

    If a trader has six display screens, what are they likely to be looking at?

    %% Good points +screen hints. LBR, maybe playing off the CAN SLIM pattern, Dont knowLOL; she says NO Sugar+ No Seconds....... LOL. Maybe a personal note 'cause she had a sugar trade on charts:D:D And any kind of fruit , fruit juice has natural sugar in it + no sugar spikes LOL
  16. M

    Best Trading Psychology Books

    %% LOL /i liked my F=Ford pick UP also. Dont know about the stock price...................................................................
  17. M

    If a trader has six display screens, what are they likely to be looking at?

    %% DONT know, so many times more prep is better than 7 screens live . But with 10 screens she says mostly one screen LOL+ true. SO many USa cars are so full of luxury; TX banker said the purpose of auto is get from point a to point b =LOL:D:D I enjoy staring @ a fireplace, same...
  18. M

    Swing trading vs. day trading

    %% YES; except one year is not near enough time. IF that was me i would want to find out why swing trades did net loss/ when SPY benchmark is about +12%, as of FRI close 9\22\2023 SEPT. Single stocks trading could easily explain it??:caution:
  19. M

    Trading below the 200D MA

    %% I'Ve bought plenty of ETFs below 200 dma; \ but inverse like PSQ etc= for ALL PRACTICAL purposes means QQQ is above 200dma, when i did that. SO no, for good probabilities . Adding any leverage most likely makes it worse + worse. Exceptions would -could be [ dont gamble=stupid risk], cash...
  20. M

    The SEC Wants to Spy on Your Portfolio

    %% THEY sure dont need to do that=that window should have closed in 1984+ better late that never=close that snoop door.:D:D I do like the way SEC did a bear move[reduction ] on SEC fee. Good job on that SEC cutting fees......................................
Back
Top