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  1. M

    Talk me out of averaging up!

    %% GOOD; or sell[exit] some stuff \ + stay in in some[different] better trending stuff with more profit potential + dividends.............................. But like IBD founding father [ WO'N] noted ''NEVER buy for a dividend'':D:D In this plan, you are doing somewhat of a scale out[100%...
  2. M

    But what about copper ?

    %% Exactly:D:D Local bank giving away calenders , cocoa+ some give away ink pens. Power co also; but they buy plenty of copper. I usually get some ''free'' cocoa+ get some of their ''free'' coffee if I'm there. Usually have plenty of long$ on something\ so my short term bear trend[opinion] is...
  3. M

    [ninZa.co] How to spot a fake breakout?

    %% Fine by me ; no such thing as bull or bear trap, unless the bull or bear was dumb enough not to have a sellin' plan.20 years of data or better yet all the data could provide some clues. I never saw a PRO that had a main goal to ''trap''; most want a profit+ markets trend + counter...
  4. M

    But what about copper ?

    %% Is $eldom like to do much math in my head; prefer to write it down[ink].................................................. And even as youngster I had NOT a great memory for numbers or names. OF course if they did enough ads, easy to remember pictures horses, bears, bull elephants, TX...
  5. M

    Wise Trader

    %% Good read ; not his risk management or his dead duck, violation of gun safely rules. Helpful book if that' $ di$closed. Middle school drop out\ but good in math. He also had a good money management point of re/using business envelopes:caution::caution: Measure a lot like Bill MSFT Gates...
  6. M

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    %% MOSTLY right ; except TAndy gave you some points about doing> better than SPY. 80% dont Before any get to excited a bout a sharp ratio check out a sharp ratio on on 10 year SPY, 10 year SSO. I tend to edit out fake words like ''luck''
  7. M

    Banned by a Broker?

    %% YES even with wrong wins with cash management ; if you were ever @ Fidelity year$ ago, + you get an anti, free ''freeloadier or freerider '' letter T + 2 days; stop it LOL:D:D But it's NOT ''really like a casiNO'' Old Fed rule. Prices + Fed subject to change.
  8. M

    [ninZa.co] How to spot a fake breakout?

    %% I did+ still is. SPY only sold off only a bit last hour -2-3 CST. 200dma still up, 2023 YTD still up/JUL still up/ weekly still up\daily still up . SH \ same except inverse\so all those are down for that. WILL SPY= WED be up@ close ?? I have NO idea; it'$ a bull market you know. Most...
  9. M

    Wise Trader

    %% Like you said ''read the book'' And what ''makes you the smart one?? '' Ok you read the book:D:D '' You might/ want to go light'' All right / on going lite, unless you study trend$ more trends+ ETFs. Forget about going lite/ unless you learned flight with a hight or Hite with a kite/...
  10. M

    One legal way to hedge futures

    %% LOL only if you plan on a profit. { I put DIA derivative different} Big assumptions/ worked a bit long stock+ sell ES\ then when all ran for exits in OCT 1987\big assumption = big error. Trust me ; or if he is a real hard head like my bro/learn everything the hard wayLOL:D:D
  11. M

    daily stop loss

    %% NOT likely/ most that make above average % or %%, [or%%%]have not blown up @ least one account or ground it down to zero\goose egg LOL:D:D For sure if asked to provide proof of liquid net worth/do it.:caution::caution: 80% of Pro mangers cant even beat SPY benchmark; probably about 8% or 18%...
  12. M

    Anyone just trade ETF's as their trading strategy?

    %% Good point$; good percent, cents + %. ''Disadvantage??'' LOL sure if you are WO'N [IBD founder]+ by the way have you sold your IBD Newspaper for $275,000,00o, like he did??LOL:D:D Dont forget the evil empire defaulting on its debt, 1988\ SPY rockets down \20% /rockets up SEPT[strange SEPT=...
  13. M

    Talk me out of averaging up!

    %% Exactly; + ''luck'' is a gamblers term + no such thing as luck:D:D XOM + CVX are above 50dma; same way with a lot of related ETFs. TX Tea + related/ barchart.com has an 88% buy; XOM + CVX related ETFs have much less risk; above 50dma. Beverly Brillant Hillbillies song; one day shootin' @...
  14. M

    But what about copper ?

    %% Good Uptrend/ good medium term uptrend .Lower grades of copper about the same LOL:D:D
  15. M

    Wise Trader

    %% Good; but [#11] /that risk manage seems to conflict with your early post 'bet the house or bet the ranch ,post LOL'' [NOT that it's gambling or even a bet] SO which one is it. ?? I know; i'm asking you+ its a trick but good question??:D:D Lifelong Learner.
  16. M

    [ninZa.co] How to spot a fake breakout?

    %% LOL= that'$ one way to tell if you missed the move / one missed the whole trade. Fake brakeout, is the question?? Dont put on the brakes so fast; assume one does lot of trend study, all the data. Mainly study the main trend mainly, occasional counter\trend ; realtime...
  17. M

    New ETF called TJUL guards against downturns and has capped gains?

    %% Looks real on the charts; maybe the wide bid/ ask+ volume will get better this year. Most likely will. SPY >19%, no upside cap LOL 2023; liquidity leader.................................
  18. M

    Wise Trader

    %% THATS not David's faith or any kind of faith or any kind of common sense. A UK or US pic of David v Goliath is much better .:D:D David wins; named his son Solomon.:caution::caution:,:caution::caution::caution::caution::caution::caution::caution: Slingshooter+ king; both kings enjoyed...
  19. M

    Accentuate the Positive

    %% IN harmony with that\ I can turn a grey sky blue / I can make it rain wheneVer i want it 2. Temptations song >18,777,888video views, an anti- climate change song LOL:D:D
  20. M

    Wise Trader

    %% Read charts + people like a book. So few traders make money / so include investments. M Webster'$ old dictionary is > than online Websters, so i check both ; insight, good judgement, teachings of ancient wise men, wisdom of Solomon. Wisdom implies judgement + sense far above...
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