How can you even claim that technicals matter?

I don't give a fuck what people are using me for. I'm trying to see if there's any sense to make out of this. Or any way to predictably get a higher return than I can elsewhere.

I'm guessing that the answer is no and that none of you do, either.

Just curious. What's the best return you can get ? 15% with your farm ?
 
Just curious. What's the best return you can get ? 15% with your farm ?

Since when do I own a farm?

Not that there's anything wrong with owning farms. Obviously there's lots of money in that if you know what you're doing and have capital to get started.
 
OP: you are focused on "results" -- which is a legendarily short-sighted target, as "results" are what drive noobs to buy at the top and sell at the bottom: you're always *following*.

The fact is that the market is a sausage machine, and you're expecting one, single cut of meat to slide on through, untouched and immutable. That is a laughable outcome.

The answer to your query is in market *process* -- which themes vary from moment to moment, day to day, and week to week. You mentioned the coronavirus scare and Iran -- what did those news items do? What did they do upon announcement? What did they do 24 hours hence? What will they do for the year?

Do you see the non-linearity in news effects? This morning was GDP and a bunch of earnings: bespeaking fundamentals of the past quarter -- both immediate effects and lingering effects. Linearity? Nah. All fundamentals? Not that either.

Get your head out of your linear ass and get to a 10,000' level immediately, and start trying to attach a *process* to the market sausage machine. FORGET about results: when the process is right, the results will (always) follow.
 
It's a bigger house than you will ever own.

Someone will ask you to verify that house is yours via asking you to put a sign in your front yard with the word "EliteTrader.com"

Lots of cardboard there in the bin. It would be very easy for you to write EliteTrader.com on one piece wood and stick that sign in your front yard...and then repost a pic with the sign. :D

wrbtrader
 
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