My Fail. Trying to move forward.

[speedo]

that's like 80% of the drivers think they are better than average.

you can look up the stats... over the long term, NOBODY beats the sp500, let alone the more robust QQQ, let alone if you had the foresight to hold only FAAMG.

just not doable... the possibility of finding any edge in the zero sum game in the long run, is far far smaller than the QQQ components that throw in massive R&D dollars and gain productivity break thrus.

 

[speedo]

that's like 80% of the drivers think they are better than average.

you can look up the stats... over the long term, NOBODY beats the sp500, let alone the more robust QQQ, let alone if you had the foresight to hold only FAAMG.

just not doable... the possibility of finding any edge in the zero sum game in the long run, is far far smaller than the QQQ components that throw in massive R&D dollars and gain productivity break thrus.

Seriously bozu, WTF are you doing on a trading site? You are like the Salvation Army crashing a wine tasting.

 

[dozu888]

Seriously bozu, WTF are you doing on a trading site? You are like the Salvation Army crashing a wine tasting.

trade smart, that is all.

 

[deaddog]

Indicators are not a "manipulation" but simply a derivative of price.

What ever word you want to use. Price causes the indicators to move, not the other way around.

I seriously doubt that anyone earns a "comfortable living" with sto crosses.

I'll tell the guys that they are not comfortable.

 

[themickey]

I'm not familiar with afterhours trading ex USA exchanges, but I'm wondering whether this OTT plunge is a bluff?
I read yesterday that FB afterhours price had plunged, yet today it is up yuge.
https://www.smh.com.au/business/com...-on-revenue-active-users-20180726-p4ztne.html

 

[wrbtrader]

Buy and Hold is a trend following strategy with little or no risk control.

Whatever

https://en.wikipedia.org/wiki/Buy_and_hold

https://www.investopedia.com/terms/b/buyandhold.asp

https://www.thebalance.com/what-is-buy-and-hold-2466543

Maybe you meant to combine Buy & Hold investment strategy with a Trend Following strategy ???

I say the above because many investors say Trend Following strategy beats a Buy & Hold investment strategy.

In fact, several websites compares the two as independent and against each other.

https://blog.investbcm.com/trend-following-an-alternative-to-buy-and-hold

https://seekingalpha.com/article/90...ng-trading-models-have-dominated-buy-and-hold

Also, I specifically remember a debate in college between my girlfriend (finance student) and a buddy of mine (economics student) many many years ago (late 1980s)...one advocating Trend Following while the other advocating Buy & Hold.

Thus, I strongly believe Trend following is independent of Buy & Hold. Yet, I believe both can be combined. Many articles at institutional websites, finance schools supports that the two are very different.

wrbtrader

 

[ironchef]

holy crap. glad i respected my stop. earnings were just released:
View attachment 189073
guessing they missed again the consensus

buy the dip?

I told you I didn't like the fundamentals for the last 4 qtrs and it might go down to $175 based on reading the tea leaves and Ouija board.

 

[ironchef]

that's like 80% of the drivers think they are better than average.

you can look up the stats... over the long term, NOBODY beats the sp500, let alone the more robust QQQ, let alone if you had the foresight to hold only FAAMG.

just not doable... the possibility of finding any edge in the zero sum game in the long run, is far far smaller than the QQQ components that throw in massive R&D dollars and gain productivity break thrus.

Only 80%?

 

[themickey]

I read yesterday that FB afterhours price had plunged, yet today it is up yuge.

My bad, was looking on barchart site at FB and it never showed the after hours plunge. Can see it now though.
And can also see Mohawk
Oh my gawd...
Note: I trade ASX, not USA stocks, don't have your live data.

 

[Growly]

that's like 80% of the drivers think they are better than average.

you can look up the stats... over the long term, NOBODY beats the sp500, let alone the more robust QQQ, let alone if you had the foresight to hold only FAAMG.

just not doable... the possibility of finding any edge in the zero sum game in the long run, is far far smaller than the QQQ components that throw in massive R&D dollars and gain productivity break thrus.

I've seen the top of 2007 as i started my career in the capital markets. I've witnessed the meltdown that followed and the years that came after.buy and hold strategy is misleading at times. given the market current highs, a buy and hold may generate in the future an annual return which may be less than satisfatory. give me another market meltdown and i'll happily put a hefty portion of my savings into an index and hold it till pension comes. I can't enter such a position at these market highs and sleep good at night seeing how valuations are stretched and the next recession is likely closer than than most pl think, unless we're gonna see an epic bubble to postpone it. Having said that, even trying to time entries and exits into/out of indices seems prudent rather than buying ludicrous pricings...