Getting bearish after such a downmove is not wise. I don't care what happens, this thing is on the verge of a major bounce / major bottom.
Catching it there would have been difficult (at least it was to me). At that point i didn't have much of a clue whether it was going to rally or...
Had a nice trade this morning after 2 days of horrible trading (trading too much, i usually do best with 1 or 2 trades a day in oil). Shorted...
Not sure if it is really relevant on that chart, for a few reasons: 1) Currencies are different than stocks. Those formations tend to work...
lol....a lot of this also happened while i was alive. It must mean that I am the reason for all this advancement.
Over the next week or two, oil is getting itself ready to make a major low. It may have hit its low already, but it's possible for oil to go as...
You and your 50% reversals, lol. I don't read this page much, but i remember your handle cause which trader can't see the greatness of a...
Why would you start an incubator fund for establishing a track record? Just manage a few accounts of friends and family and that should suffice,...
Definitely agree with that. CL is a tough one to hold long term, on the other hand, GC is easy to hold for a long time. I've noticed that it...
Just out of curiosity, why do you think that the CL is so difficult to trade? The only 2 futures markets I ever fully trade and make money on,...
You're barking up the wrong tree. You have a mini-account and want to hedge your CL/NG with ES? That's just playing with fire. Why don't you...
This has to be a joke. HFT just seems to be the new excuse in a long line of excuses for losses. The oldest excuse in the book for losses is: "i...
It's going to be tough for oil to move down another $10 without first consolidating this move. And this recent few days isn't much of a...
Of course capitalism isn't perfect, nothing is. That's why in a pure laissez-faire capitalist system, you have a self-regulating process. If...
This is the only part of your post which is relevant. To this i say, WTF man? No one should ever just be anything. The whole point of trading...
Anytime government involves itself in something it causes major problems. Of course I'm not an anarchist, government is necessary for a lot of...
Any big trader can move a market up or down if they wish. The problem is that it's irrelevant. For someone to move a market, they need to buy or...
Capital punishment is too much. Moving towards the communist tendencies of China is not something i recommend, rather we should move towards...
He is attempting, perhaps in a rude way, to explain to you how a fair and VOLUNTARY society would operate. A brain surgeon makes a lot more money...
What people need to start realizing is that the government is NOT on your side. At the very least i would get the sentiment to tax the rich...
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