You Name It... The Models Time It..

Quote from drownpruf:

Nice job, -30 on the day. Where's NoDoji with her bullish symmetrical triangle? I'd like to hear more, purely as a fade. Futs down, it was a daytrade. Futures up 4 later on budget news? It was a swing trade. Futrures down 30? It's a daytrade.
More...

There are 45 different time frames she is working with here. I'm sure one of them is short. :)
 
Quote from Maverick74:

... :)
More...

Now that we have proof you are around, and that you did not put me on ignore, could you tell us a bit about prop trading? Does it exist? Is it true that the business model is to collect deposits from people, then add margin given by exchanges/law, and refer to the whole thing as firms funds?

Is it also true that people old in the business say something like: if they meet a guy with capital they tell him the issue is knowledge and not capital, and if they meet someone with knowledge they tell him the real issue is capital and not knowledge? How could both explanations be correct?
 
Quote from drownpruf:

Nice job, -30 on the day. Where's NoDoji with her bullish symmetrical triangle? I'd like to hear more, purely as a fade. Futs down, it was a daytrade. Futures up 4 later on budget news? It was a swing trade. Futures down 30? It's a daytrade.
More...

I know you're not that clueless; you're just mean-spirited.

TJ was asking why people were buying at 3pm yesterday and I explained that a symmetrical triangle was breaking out at that time. I also made it clear that a day trader would be flat at the end of the day. And I also pointed out after hours that buyers still holding from the 3pm buying were profitable.

I wasn't calling any particular trades, just pointing out to TJ, who acts very confused about everything, that in all time frames at 3pm yesterday the technical consensus was to be long.

If you look at my trading-related posts today, you'll see that I offered information beneficial to anyone trading the ES and I offered a somewhat tongue-in-cheek call on CL based on "far more often than not" price action following the inventories.
 
Quote from tradingjournals:

QQQ at 86.68. Model xx . Short size 1/4.

By the time I posted this, it ran away 3 cents already.
More...

Most of us do now how to read a time stamp.

Can you please quit insulting us.
 
Quote from NoDoji:

I know you're not that clueless; you're just mean-spirited.

TJ was asking why people were buying at 3pm yesterday and I explained that a symmetrical triangle was breaking out at that time. I also made it clear that a day trader would be flat at the end of the day. And I also pointed out after hours that buyers still holding from the 3pm buying were profitable.

I wasn't calling any particular trades, just pointing out to TJ, who acts very confused about everything, that in all time frames at 3pm yesterday the technical consensus was to be long.

If you look at my trading-related posts today, you'll see that I offered information beneficial to anyone trading the ES and I offered a somewhat tongue-in-cheek call on CL based on "far more often than not" price action following the inventories.
More...

C'mon now. And you can drop the condescension. I started undergrad on my 16th b-day and graduated in 2 1/2 years. Max SAT, GRE and MCAT.

You stated your bull-position (sym triangle) in reference to his short. The implication is that you disagree with his assessment. Then I came by and mentioned I was short due to breadth and you recanted, stating this was only for daytraders, no position.

Then the budget news hit the tape and you came back to mention that longs were in the green. So much for the daytrade.

So the symmetrical triangle looks like shit, no harm done. Trading is binary. You can't spend double-talk.
 
You must log in or register to reply here.
Back
Top