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Fibonacci levels are a total waste of time,, because of inconsistency. People cherry pick examples. The only important retracement level is 50% mean reversion.

I follow them, especially 200SMA so I'm aware of what the herd is looking at. But mostly I trade simple price action like gap continuations.

IB TWS is by far the best platform and they're a great broker. I like fidelity a lot as well and use them for most trades because zero commission. Both are top-notch.

I anticipate a spike in VIX and UVXY soon, based on last week's s&p weakness. I will start scaling into UVXY once it gets over 10, aggressively if it clears 11.

just found COPX ... great 1yr chart and SCCO

Good points..... oil sector I like OXY APA SCO.... for gold GDX vs DUST... for copper FCX.... any favorite copper tickers re jr/midcap miners?

I would personally never risk huge 1-2% on a trade. For swingtrading I often close half or more shares if price drops under prior day's low, or 1atr range. I add shares if price closes in my favor above prior days high.

You musta had iit tough in Waianae, props for making it! Stinkeye and k.. haole day survivor wtg. True re locals got no love for know it all mainland haoles.. I outlasted competitors, who left, because of one simple word... RESPECT. I miss my clients...

i called ye olde toppe on 1/11... pretty close :D

replay:

Many like TLRY in mean reversion areas, others like APHA GRWG are stronger, looking forward to trading them on the way up.

One way I control risk is by starting multiple positions with minimal size, then scale into winners while holding tiny size in losers. I also hedge by trading inverses. Main lesson learned is most trades fail at some point, so tiny size starts are essential. Eg most new swing trades I...

It's definitely not for everyone, many feel the same way. Local Japanese residents form most of the power base, and it's rare for mainland people to integrate easily, it took me years. What locals resist are loud dominating mainland haoles, the loud American type. It's a great place if you...

Are there any other good copper stocks or ETFs beyond FCX priced under $50 that look strong?

Big down is it's heavily democratic with upw unions costing lots of money, like the 5b rail boondoggle. And the potholes, auwe! H1 crowding. I ended up living in Hawai'i Kai, which is nice. Miss manapua, Korean plate lunch, windward beaches

Join me Saturdays noon ET free: https://attendee.gotowebinar.com/register/1374475709155865872 or https://trademastery.com/twafree/ popular for a reason

Yeah island life is like living in a small rural town, it gets quiet after dark. That's one reason I lived in Waikiki for so many years.... it has more energy and nightlife than anywhere else, though touristy, it was fun. I mastered the pua skills for meeting lots of ladies, it was easy...

DOM/L2 etc largely worthless unless you're micro-scalping thousands of shares for tiny moves, which is dumb. I used to teach follow the axe stuff back when it occasionally worked during fractions days.... nowadays hft algos renders the book useless... mms flash fake size then fade etc Tape...

I heard on cnbc that China needs copper, driving demand... look at 1year FCX chart

There's no active volcanoes on Oahu, just the big island.... no worries Lots of great people and scenery though. Only challenge is being up early for trading.