Brings a whole new meaning to the term 'bagholder'
Nice thread. Can I ask, what is your method of scanning for setups, as well as what filters you use for your watch-list (assuming you have one)?...
But plucking a large number out of thin air literally does nothing whatsoever to help you achieve that goal. If it did, then surely you should be...
Trading has nothing to do with the returns from the S&P, it is a completely inappropriate benchmark. Trading is about absolute return relative to...
US stock markets should be designed the same way as the US futures markets, which are fair, efficient, and have a level playing field for all.
Economics is sometimes very useful for longer-term trading and investing. For daytrading it is almost useless. Note that there is a big...
ROFL at the one on the coach - that guy thinks he is so smart for missing the obvious "trap" on the way in :D
Almost never. Your stop placement should never have anything to do with your entry price, rather it should be determined by the market action....
The general gist of it is that you want an exit method that will avoid getting stopped out by typical noise, but will get you out once the market...
Daytrading is still profitable but the competition from algos has removed some of the "free money" available. I think the issue with...
Normally if a market shrugs off bad news, it's a bullish sign.
Yeah, I quit and basically was on the "poverty line" for about 6 months before I managed to raise enough capital to trade. I lived in a friend's...
Homo sapiens has had shitty values for most of its existence. Yet here were are, 10s of thousands of years later, still surviving. Any time you...
Why do they have to bail them out? They can just let them default. The PIGS can adjust via massive asset price and wage deflation, rather than the...
What's so hard to understand about this? Greedy ignorant foreign speculators deposited money in Icelandic banks, ignoring the clear risk and...
The Royal Navy can't even avoid getting boarded by a couple of Iranian patrol boats in international waters nowadays, they probably couldn't even...
Click here, all is explained: http://www.youtube.com/watch?v=dv1QDlWbS8g
Using sentiment alone I have not found to be useful, however in conjunction with price action it is a very good strategy. However, sentiment polls...
People always say this when the market environment undergoes change. I'm sure the SOES bandits were moaning like hell when that edge disappeared -...
The problem here is he is using valuation arguments to try to forecast short-run prices. Anyone who has traded or invested for a while knows that...
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