I think the better way to put it is that most successful trader's hardly talk about their PnL. I am familiar with this firsthand, because the firm...
I'm still wondering why this market wasn't killed today. We just forgot about the stress test. I'm sure analysts worked on the Fed's release all...
That's a compelling reason to go short. I'm all in short!!! On a serious note. You have to respect the price action today. The bears could have...
I second this opinion. You don't have to trade everyday. It can be frustrating, but a wise trader is the trader who learns to back away....
Just about the best advice you'll ever get. Good work, Jaytrade Do Not get Greedy, the market will cut your head off. Always know why you're...
I second that notion. I just don't think I have the stomach for that thing over the weekend.
There should be a reversal soon. It's near overbought
Me and you both. I will definitely be loading up if it ever gets a 6 handle.
WE'VE GOT IT...Now what? anyone still feel like old FAZ over the nice sunny weekend?
The same is happening with /TF, they are selling it at 476 and up. But it's on low volume, and range bound for now.
My bad, buddy. I thought you commented on Port's prophecy thread. It's an OK read with pretty charts.
Im having the same mindset. I think when this stress test paper comes out at 2pm, we may get a spike and then a selloff into monday. But the faz's...
You, Scot, Haroki, & myself should prolly lay off Port. I think he may have learned his lesson...but who knows. I sure hope he's not just jumping...
Im looking at it too. What do you think about the low volume today? I'm not sure if the low volume will come in favor of the downside and sell...
Yes you can say purely timed. But I broke my own rule....I jumped... and I got tatooed.
Rape indeed. The RSI has been relatively efficient for me on an intraday basis for both the FAS/FAZ and just about anything else. But the stress...
I embarrassed to say I actually bought FAZ at 13 and I took a serious whooping on that. I bought because I thought the bulls were done and we're...
I'm having the same problem. That's why I was telling Port at the other thread not to jump the Gun. I don't like trading on Fridays and it seems...
Jumping early again. If you're gonna call a breakout on TZA, it would have to, at the very least, break 39 convincingly. The S&P is also holding...
I absolutely agree with you. He has good charts, but he seems to be jumping early...which is more gambling than efficient trading. I am bearish...
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