Gotta love ZERO RISK in the SP500 = $$$

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Folks it's easy to spot a fake on this website by the charts they use. Traders who actually trade for a living do not use delayed mickey mouse charting services. On the other hand investors and longer term players could get by with delayed data.
 
Rickshaw Man said:
...There where many opportunities to bail with a tiny loss. Try trading a stock index contract that has tighter spreads and is making all time high weekly....
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But but but...Didn't you say that it doesn't matter where you get in, you will be made whole again? If that is true, why would be bail on a trade that is guaranteed risk free $$$ zero?
 
Close to 2/3 of my trading is automated. The other 1/3 is discretionary intra-day. A steadily rising equity curve is what you want. It has taken me over 14 years to reach this level.
By the grace of God im doing what I love. I can't wait to get up and check whats happened overnight.

Sure I joke around alot, but the markets are screaming buy the dips. If you can't hear that stand aside and figure out why.

Good luck and God Bless


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Rickshaw Man said:
Folks it's easy to spot a fake on this website by the charts they use. Traders who actually trade for a living do not use delayed mickey mouse charting services. On the other hand investors and longer term players could get by with delayed data.
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100%!
I have both live and delayed data, I reckon all of my trade decisions come from delayed data.
As long term player, I like to see the action play out a while before I strike, often I can wait all day and buy the close because I seek confirmation a stock is really keenly sought rather than day traders attempting to tease a stock up.
 
Market signals 20 minutes delayed is not an issue, once something is spotted, then let it run like playing a fish, live data is only good for me the minute I place my trade.
 
Folks it’s easy to spot a bull market genius on this site. They have no market knowledge but can simply buy dips by the grace of god to become rich.
 
Deez said:
Folks it’s easy to spot a bull market genius on this site. They have no market knowledge but can simply buy dips by the grace of god to become rich.
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And that is what I was doing. I felt like a god. But Q4 2018 humbled me pretty quickly, which is why my progress is now at a standstill. Feeling one's oats in 2017 when getting into the full swing of things was awesome. Then came Powell in Feb 2018, then came the Fed in general in Q4 of that year.

As tempting as it is, it is very very difficult to have conviction in the long market now, with the possible headwinds we now face in the election year.

Remember, Rick never posts a losing day in the land of the perfect. He just takes his millions and longs with caution thrown to the wind. Hell, I could do that also if I had that kind of dosh, and careful position sizing. *shrugs*
 
Overnight said:
And that is what I was doing. I felt like a god. But Q4 2018 humbled me pretty quickly, which is why my progress is now at a standstill. Feeling one's oats in 2017 when getting into the full swing of things was awesome. Then came Powell in Feb 2018, then came the Fed in general in Q4 of that year.

As tempting as it is, it is very very difficult to have conviction in the long market now, with the possible headwinds we now face in the election year.

Remember, Rick never posts a losing day in the land of the perfect. He just takes his millions and longs with caution thrown to the wind. Hell, I could do that also if I had that kind of dosh, and careful position sizing. *shrugs*
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Correct. His over-the-top know all shtick comes from deep rooted insecurity. He is waiting for the bull market to end and the lord to taketh away. I can assure you it’s not an if but when.
 
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