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  1. M

    Long-short market neutral ETFs

    %% Long short+ inverses are like coffee/2nd law of thermodynamics; coffee COOLS/lol; Good hot coffee today+ TECS SQQQ......... Most long short funds\etfs dont do anywhere near as good as SPY/QQQ. WHY=uptrend bias in stock market for 200+ year$ Another reason QQQ is priced in $300; sqqq less...
  2. M

    What is greater Wisdom or Wealth?

    %% King Solomon had wisdom + wealth.........................................................................................................[Wisdom + wealth is not what you know+ most college profs have neither /LOL] SEC never fined anyone for simply what one knows. Good question.
  3. M

    Opinion about 2021

    %% And even the JAN forcaster[ up Jan = up year[Stock Traders Almanac, by Hirsch] pattern fails/ may fail BIG time /like 1987 +2009..................................................................................... Dividends can he another helpful way to make money/but not a priority for me...
  4. M

    Long-short market neutral ETFs

    %% Exactly............................................................................. And the inverse etfs tend to do really badly; unless /until you have a day like today.I got out of spxs with a better profit+ worse slippage than i though today . Slippage tends to be much worse in...
  5. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% SPXS........TECS going up nice today; glad i sold upro+ ibuy......... early. have a starting scale i n order /upro again order in/back buying upro@73.Filled now as i'm typing.LOL:D:D[EDIT 2;42 cst ,out spxs @ $4.091]Never did really have time to add to spxs today/so take a profit/market order...
  6. M

    Data for more than 30 days

    %% Best way for me/keep a notebook of plenty of data+ trades; + use colorful charts/3 years/10 years/1 year............. I may print off a 15 minute chart/but seldom do that....................................................................................................................
  7. M

    I fooled myself

    %% That; + never dis moving averages if your nickname =moving average. Good way to get real confused + stay in the gutter.But Vicks formula 44 had about 44% alcohol so a cold medicine may help in the cold. They used to price Vicks Formula 44 so hi \most would not get drunk on it
  8. M

    Sorry If I Am Asking Help in the Wrong Place But Please Some Good Soul Help Me and My Mom

    %% Looks like a 2020 shopper\panic buy t-paper, They are still panic buying ammo + guns in USa..............................................................................................................
  9. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% SPXS is up last i looked \but typical good entry price of#3.990 still leaves me doWn a bit.Took profits on UPRO early today, KC.This DEC reminded me of 2019 DEC, so upro/spy dividend hold worked well/again. Another advantage to getting in spxs early; if a small entry position turn$...
  10. M

    What are actions you can take to build your trading skills while the markets are closed?

    %% Rule of 72/ work 6 days@ week ,x12 hours@ day =72 hours per week. That includes homework also. 40 hours per week used to work in a union job /but Andrew Carnegie busted unions + sold his steel co many years ago. Most millionaires have a good library; a public library card could help. Doable...
  11. M

    tips for become a good trader?

    %% That; +just because most of us wasted money by leveraging ignorance/that's the worst way. Best way to learn is cash markets. Great 200 year old gun co=Remington Arms, but went bankrupt/split into 7 smaller companies,2020. Leverage=big mistake when things go wrong/against you. But closing...
  12. M

    Do you trade for an income or for a compound effect?

    %% Both. Sure can do both. And dividends are considered income /but not not auto invested in my case.
  13. M

    Notification when receiving dividends

    %% INBOX/email/ or some brokers have it thru ''message center'' Or in 2 or 3 places; i get mine email note, +brokerage message. PLUS it should be in you ''activity'', + P&L...... .NOT likely they just ''dump it '' NEVER got mine in a hurray =murray TT SPY for example, if i remember right +...
  14. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% Huge gainer on 1 year chart; i traded FCX when it was in teens. I think Carl Ichan had a position in it, but its trending better than when i was in it/traded single stocks...............................................................................................
  15. M

    Technical Question about Candlestick Bar ?

    %% THAT; + on an ipo like that [dash]most all trends are down so that overweighs any open or close\ 1 minute bar. First glance\ looks simply like a bid\ ASK SPREAD\BUT DONT KNOW THAT...
  16. M

    For The First Time Ever, IB Clients Are Net Short The Market

    %% LOL/plenty could go wrong or plenty right. AS long as they/we dont keep piling on [positions [like a moron/more on] ;pays more to trend follow usually than price pick targets all the time. Course, market makers/specialist$ do well with a form of price targets/i'm not a market...
  17. M

    Howdy, Just Making a first test post

    %% Yes, i think you meant ''started''; i'm down about 2 cents per share on spxs last i looked . Good tech ETFs uptrends/QQQ/qld/spy........................................................................
  18. M

    How to Make Money in Stocks by William J. O'Neil

    %% I have a book on Andrew carnegie/the steel + library king!!!!! But frankly many businesses a re not like steel @ all. Look @ all those hamburger joints that may not do as well as MCD. /but much more '' well than the shell'' /LOL .Great Post...
  19. M

    Large part of profitability is the spotting of trend, and that is difficult

    %% OK; + that is really is not a problem. For example there are more than a few types of 200 day moving averages, but no problem\we dont want everybody selling @ same time anyway.............................................................................................
  20. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% Took profits/this week on tech etf x2; scaling in spxs @3.99 early.[DONT forget to add in the small SEC fee when we sell it/LOL:D:D:D:D:D:D:D]Another advantage on starting small, can afford to wait + add on if it sets up good.] Also strange but true.SPY has done better then spxl, this...
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