"i would humbly disagree, VIX really only dropped in the 3pm hr" VIX is not a measure of volatility it's a measure of IMPLIED volatility....
"The average American is quite ignorant of the rest of the world (economically and otherwise)" the average american does not trade stocks. the...
"I did no such thing, strawman wise-as a self proclaimed technical charting guru, of course i would be baffled by someone saying tape reading or...
"Ok, how is it, we never hear from these"pure price" readers, who are so freaking wonderfull and amazing......why is that?" who referenced...
again, TA is not all squiggly lines if you are doing pairs trading, that is to a large extent a study of price relationships. that falls...
"Simply, those that are consistently profitable via TA, see TA as just one tool among their other tools. " this is true, and has been my...
look. TA is the study of price, volume, and derivatives of same. it can (but does not necessarily) involve charts, etc. yes, u can use TA...
"TA is not quantifiable, nor math based" false. some is, some isn't. there are plenty of systems, for example that are completely...
"The stock market is nothing more than a random number generator and random number generators do, in fact, create patterns." where is your...
"It's a great market to trade if you're properly funded. Wide stops can easily get triggered with the large swings so a string of bad trades would...
this market imo is INCREDIBLY tradeable. stuff simply works. it's logical. the thing that has changed is that volatility has increased ....
"So there is dilemma one -- which way will it break? The odds are 50/50." and this is supported by what evidence? really, the lack of...
it is not EASY, but a trader can make a good living from 4-6 contracts. a decent trader should be able to average 20 pts a day in YM, which...
i've been rec'ing this for traders for years. including in this forum. every trader should have a business plan. my plan mandates (MANDATES)...
my stop loss (for daytrading dow futures) is dependant on a # of factors - the setup itself, the ATR (on various timeframes), market profile...
fwiw, to clarify. i trade (intraday) mostly futures, not stocks. $3 per rd trip. 1-8 contracts a trade. futures can be quite profitable...
". I learned the business from an arbitrage and hedged position prospective." ok " I think I suck at picking direction in the short-term and...
if you are worried about this, trade the frigging YM, not the ES. the YM has a narrower spread and significantly higher chance of fill to buy...
trading is not about always being right heck, many traders make good money only being right (trade hitting a target before a stop) 30% of the...
"Would have lost about 50 points today. Bonehead theory anyways. " it is (relatively) easy to run stats on gaps, since they happen frequently....
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