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  1. M

    Cashless society?

    %% Good points; but that 's a stretch to assume its going to be a bracelet. OF course some in USA use an medicine bracelet, but not to common.More common pattern is simply charge a wide bid ask on silver + gold or simply outlaw most of it like 1930's ALL the tracking numbers on[ guns] autos, us...
  2. M

    Wednesday fed meeting strategy.... got ideas?

    %% I did something like that /SPXL buy order got bought/sorry i missed tqqq. Started in tqq buts today\ so usually never to late.....................................................................Exit on UDOW today/still in ddm
  3. M

    Simple way to trade Nasdaq volatility?

    %% Sure is; QQQ + its not a bet + you will not get strangled. Its either profit or loss................................................................................. {EDIT= i dont care how many times WSJ insults capitalism by calling business a bet, simply wrong]
  4. M

    Cashless society?

    %% LOL Do you live in commie China, that should be disclosed, even if you dont have to. However i do think they did right outlawing the bitcon. But i dont keep up with them that much. US outlawed gold + silver for while, certain exceptions did apply even in the...
  5. M

    which side of this trade would you take?

    %% Me, i would get out of anything priced between $3+ 4. IF its priced @ $352 bid a d assuming i had a good trend + had made money + plenty of money, i would ride the trend. IF a 3rd friday sale is required i'm out today + trade + invest in something much more...
  6. M

    I'm in disbelief about USD

    %% Yes i thought Fed day was going to be a down day\so many are.[stocks ETFs I did not think @ all i was going to get a MARGIN CALL/ or even worse ''another margin call!!!!!!!!!!!'' THAT would mean i was trading way to...
  7. M

    IB Margin Requirements on futures are crazy!

    %% I'm not a mind reader. BUT most likely they remember all the Hunt silver panic buys up to $50\ + panic sell$ all the way back down to $12???????:D:D:D:D:D:D:caution::caution: I've got a silVer chart with margin uptrending below price trend/nothing like a good...
  8. M

    Does anyone change their moving average period based on volatility?

    %% Looking @ a SPY chart\all the down% weekly charts have big volume[> 50 day moving average volume] MAR 2018-MAR 2021. Going up moves are different. The is a >>12% SPY weekly move..... on less than 50 dma volume \same chart................That may not be low volume/ IBD chart notes that...
  9. M

    For newbies: Moving averages as in indicator.

    %% YES; about 8 cups[with handles/LOL] of water. And Minute Maid 100% fruit Juice
  10. M

    Counting bases O'Neill/Minervini daily or weekly?

    %% I just did a speed read of one of his books, early today; about 80-95% of his charts=weekly with months marked. True/ he would not buy an 52 eps; but the stock market is like RE/one REALTOR said ''people buy anything''............................................His 200 dma helps more than...
  11. M

    Counting bases O'Neill/Minervini daily or weekly?

    %% IBD founder uses both weekly+ daily. Counting bases never helped me that much/but i use weekly more than daily + use both. ALSO IBD founder traded agressive thats fine /but he had a NYSE seat+ was super good. Come to find out he used super small av daily volume sometimes ; i would not make a...
  12. M

    IB Margin Requirements on futures are crazy!

    %% OK by me. Its normal+ easy in some markets to use 100%\but the forclosure rate is too HI. NOT a predicition+ nat gas is not one of them[not saying you thought that \just sayin'..................................................................... ]
  13. M

    IB Margin Requirements on futures are crazy!

    %% OLD FASHIONED, i think/ but in a good sense. I saw the IBKR founder in a pic of huge line of yellow cabs..................................................................................... He was riding a horse + the punchine == ''never choose an ordinary investment...
  14. M

    IB Margin Requirements on futures are crazy!

    %% I dont know why T Boone Pickens invested + traded all his life in gas + oil; + went broke in nat gas. WITH a 10+ 20 yr year nat gas chart, clears the air partly. Maybe he borrowed to much, i dont know. He did mention a wolverine type banker /she pissed on every thing she did not eat\so to...
  15. M

    Last yrs swoon was a correction in a 12 year bull mkt

    %% Something like that; i sometimes use %\LOL. Its also a spacer, like Dr Suess used more spaces in his books+ pics/LOL. NOT a prediction/not racist, not a kid . I do like easy reads/trades sometimes...............................................................
  16. M

    Position sizing for long term investing

    %% Trading + investing; i get dividends on some of my trades/not the main goal of trading....................................................................................................
  17. M

    I Bailed

    %% Common for them to beat SPY; QQQ almost always does better. Common for any IPO to beat them all/on the way up \and down LOL..............................................................................................
  18. M

    Does anyone change their moving average period based on volatility?

    %% Hopefully JWW answers also. Yes. On UPRO, with 20/20 hindsight, sometimes bottoms/bottom areas/ are made on 52 week volume records.[50dma on volume] IN a bear market\which we are not in/ that could be just the beginning of downtrend. NOT a prediction+ UPRO or any can go up or down on any...
  19. M

    Lesson learned: Importance of trading Out vs in charts

    %% Exactly, on a %, %% measure; unless you prefer m\reverse, in that case you could ignore the main trend. QQQ monthly charts do plenty of trends month$ in a row, good vol + good volume.[Make sure to use a 10 or 2o year monthly chart, in qqq\ that way a 2or 3 month red reversal seems ok/LOL]
  20. M

    Position sizing for long term investing

    %% So many want to minimize drawdowns/fine/ fine with me , to a degree. I make sure to trade some ETfs with big % gains + drawdowns. 3rd friday week end of MAR tends to be down; unless they were front running that for 3 weeks in QQQ??? Of course drawdowns in QQQ + SPY tend to be much...
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