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  1. M

    How does one effectively "trail stops"?

    %% Good / like Al Einstein noted\ God does not play dice/Put another way\ WE toss the coin; but the Lord controls its decision . Good points+ 100% true, much better to toss a coin than flip it/markets are like that also . Proverbs 16 TLB; literally cast dice......LOL:D:D
  2. M

    PRINCIPLES OF GREAT TRADERS

    %% LOL.M Webster dictionary uses luck this way =''the loser muttered something about bad luck.'':D:D And'' I had no luck in finding an apartment. ''; then buy some real estate instead of renting it.LOL Larry Mint Hite + Dave Ramsey bought a bunch of rentals. I like some green belt farmland +...
  3. M

    Any Pivot Point Traders here?

    %% LOL maybe the same reason i stopped using them; they can be some help, draW enough line$ on a chart + may hit something. I do better with moving averages + other lines on my charts. Pivot p can be good objective measures, but i like close price better ; open OK+ worth noting .
  4. M

    PRINCIPLES OF GREAT TRADERS

    %% TRUE/partly true anyway; Bill RGR + his Gatlin' Gun machine = king LOL+ true:D:D[Human hand cranked:caution::caution:.............................................................................................................................]Not a stock tip, but that gun co/RGR is on a...
  5. M

    Turbo learner? ChatGPT is getting worse and worse in different disciplines

    %% Back to the Future?? LOL:D:Dmaybe partly true. But in US, we have used; beaver skins, buckskins [aka bucks] copper coins, copper coins the size of half silver dollars silver coins, gold coins, nickels, metal blends, confederate[ money, some sold way to soon LOL, that stuff still going...
  6. M

    Turbo learner? ChatGPT is getting worse and worse in different disciplines

    %% Sounds like it maybe useful for simple math functions+ simple seasonal functions much better than NPR or CBS, very likely LOL:D:D.Plenty of room for improvement. And local bank teller like$ to use machine to double check counting $100 bills, so should be some more good uses for it. But...
  7. M

    SMA is my favorite

    %% SAME way with a weighted moving average, many times ; but the difference is so little. It's good to differ, we don't want every body going to chicago to buy or sell or all use a wma. Its not rocket science, even though Mr Musk+ his rocket science is right , to oppose unions; + he may not...
  8. M

    Is this The Holy Grail of Trading?

    %% Most likely an inverse of holy grail or inverse of profitable trading-investing. Failure @ closes + learned. [Fcl] Or failure, clown learned :D:D.Nothing like a good education or good experiences.
  9. M

    The Advantages of Trend Trading Styles

    %% Good points. I tend to check Comex/CME hi grade copper prices; but a lot more+ more grades than that. Specifics include , but limited to local + cash prices.......Occasional inverse, but those seldom do as well . Nothing like a good trend . Not a prediction , but I do look for truth even...
  10. M

    Trading one large account versus several smaller ones.

    %% MORE than one location could be common sense; especially if on on them as a hi crime location like chicago.....
  11. M

    Systematic trend followers: what's the most exotic instrument you trade?

    %% ALL kinds of metals; some of which are not mentioned much . NOT really related to interest rates; but that's true of many businesses + service businesses . Most likely not as much volume as palm oil $65 billion ,2022. Assume one is interested in it enough ; most any additional income...
  12. M

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

    %% I would + do compare it to a lot more than just ''buy + hold''; better yet/ buying a good fund or benchmark every month, for 30, 40 years. I make sure ,too look @ more than 20 years , where even a good benchmark like SPY[S&P 500]could be 20 years + has been flat. IF some caught a 20 year...
  13. M

    Is there anyone here who has a consistently profitable automated trading system?

    %% TRUE, I have what thy call ''flag patterns'' in my trading books; but i much prefer something more objective like a 200dma........ NOT saying I'm against US or UK flags LOL:D:D Its like WO'N [IBD founder] noted, ''new traders want to much, with too little work'' NON Wall Street business...
  14. M

    PRINCIPLES OF GREAT TRADERS

    %% OK; + the'' machine that learns '' was still programmed by a human. Still i like my machine figured, 200dma[Not artificial LOL]. With discretion anyway+ 100 + years of data:caution::caution:
  15. M

    Food for Thought and Life

    %% Amazing but true; Dave Ramsey said ''common sense can be a super power'' In mid south /JULY + AUG tend to be hot ones, hot months , temp wise. NPR [National Propaganda Radio] has been running a climate change scam this month , ''hot JULY= climate change''= scam. LOL. Do they really think...
  16. M

    How does one effectively "trail stops"?

    %% THEY had another semi-public stop, also , but that's beyond this thread. I SELDOM exit long$ ''on a new HI''/ ; sometimes maybe after a long series of new HIGHS/LOL:D:D But I like to study trends much + a lot...............................and study super trends, a lot . Even though...
  17. M

    Food for Thought and Life

    %% Could reject both if they were fake news + so much of it is. Pastures green + refreshing streams=Psalms 23 Mr Moffatt version:cool::cool:
  18. M

    Welcome to the 21st Century America!

    %% LOL Good ; except people tend /to spend much more with a credit card +that's why merchants pay 1-4% +/extra fee to banks. Credit cards mortgages, auto loans have as small failure rate; hardly like drugs to junkies LOL. I use cash ETFs + leveraged ETFs, built in finance charge + no...
  19. M

    William J. O'Neil, RIP

    %% Exactly. Certainly one of the most helpful; hard to say if he's the best LOL:D:D
  20. M

    Let's blowup another christian fairytale

    %% WOW what a rabbit trail:caution::caution:
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