Nasdaq has topped

[KCalhoun]

Bought 7k worth of inverses today eg SQQQ UVXY SOXS SRTY for swing into next week.

Bearish signal strength VIX plus AMZN closing gap etc

 

[IamTheCasino]

Actually, one DOES take the signal. Any "other reasons" are part of the signal trigger, or that entire signaling approach is flawed as it has no probabilistic value, no edge, and is what keeps the dumb, dumb.

actually no, there has to be a confluence. You dont take one lone signal. You dont take a DT just because its a DT - need confluence.

Taking a DT in a strong bull trend is idiotic - dont care what the signal is telling you, and if you based your trades around that type of thinking, then you are a moron. WHy is it idiotic? Because the probability of the trend continuing outweighs the DT probability.

Context is king - not signals.

 

[Overnight]

Bought 7k worth of inverses today eg SQQQ UVXY SOXS SRTY for swing into next week.

Bearish signal strength VIX plus AMZN closing gap etc

Next week shall be interesting. We got Japan and China banks closed until Thursday, UK closed as well on Monday with Powell flapping gums in the afternoon, and NFP Friday.

 

[Tradex]

Taking a DT in a strong bull trend is idiotic - dont care what the signal is telling you

What signal ??

A good trading system will prevent you from shorting a double top in an uptrend, so it won't give you a buy signal to begin with, period.

 

[tiddlywinks]

actually no, there has to be a confluence. You dont take one lone signal. You dont take a DT just because its a DT - need confluence.

Taking a DT in a strong bull trend is idiotic - dont care what the signal is telling you, and if you based your trades around that type of thinking, then you are a moron. WHy is it idiotic? Because the probability of the trend continuing outweighs the DT probability.

Context is king - not signals.

So IOW, YOUR "signals" are designed to merely wake your stupid ass, so you can think about out-thinking the signal.
Sounds inefficient. But you do you.

What signal ??

A good trading system will prevent you from shorting a double top in an uptrend, so it won't give you a buy signal to begin with, period.

+1


Carry On!

 

[IamTheCasino]

So IOW, YOUR "signals" are designed to merely wake your stupid ass, so you can think about out-thinking the signal.
Sounds inefficient. But you do you.




+1


Carry On!

The more you post, the dumber you sound. typical fuckin moron.

 

[Vtechno]

The 'signal' could be the daily MACD turning red.

 

[Master Pu]

The 'signal' could be the daily MACD turning red.

Good one, nope

 

[Vtechno]

Good one, nope

I didn't mean that in disrespect. It did turn red and I did see what you saw (to an extent) so it's worth the R:R. If you're wrong then you lose some money and move on. So many feathers ruffled in this thread.

 

[Master Pu]

I didn't mean that in disrespect. It did turn red and I did see what you saw (to an extent) so it's worth the R:R. If you're wrong then you lose some money and move on. So many feathers ruffled in this thread.

It's cool bro, I didn't get rattled by your comment. It's the dickheads that consider everyone around them to be inferior. You're welcome to share your thoughts.