Quote from Pekelo:
Vol dear, let's keep things in order. First you guys have to prove the T-day upward mobility with profitable trades posted in real time, then we can move on to the 10 pts strategy.
But don't you worry, there will be 10 Pts Strategy Challenge too!
If you did post a Tidiot trade yesterday, can someone quote it for me??? And as a sidenote, read again what I said about those. I actually said they both had validity, but I don't like the:
1. Incredibly mindless and childish cheering for them.
2. Nobody ever post a trade based on them.
3. The after the fact posts.
So less cheering, more trading and we will be just fine....Hey, we might even reach TRANQUILITY.
P.S.: Good Morning, Traders!
Quote from ammo:
if you reverse that10 point theory,expecting 08 to fil in today,you in theory could have shorted 18 ,didn't ,but something to think about
Quote from Trvlwanderer:
Pek my friend, I've been following this thread for over a year now and have never taken the "T" day comments as anything more than a topic run amok.
I have never seen anyone comitting it as a strategy, but only as a caution based on a period where several reversal runs on big trend days occurred on a "T" day.
Not sure how or if someone can post a trade based on "T" day.
I have personally sat on my hands on a poor r/r trade because I have seen too many massive runs up in the final hour for no logical (or even illogical, LOL) reason.
r10 is now an area I watch. Not a signal, but a caution for a better entry.
My $.02