Wonderful quote Magna!!! " Being on the tightrope is living; everything else is waiting" --- Karl Wallenda ( circus performer ) One of my...
SO TRUE!!!!!! NO TRUER STATEMENT has been uttered on this board. I think because trading draws so many " intelligent " people with strong...
I played baseball throughout school and even in a semipro league and always had superstitions. I have carried a lot of things from the sports...
I will attempt to answer all your questions in a general statement. I use several determining factors to justify playing a breakout or...
I will attempt to impart some knowledge on you in terms of reversals. First of all let me give you a few tips on the SPY: SPY's are...
What indicators or conditions led you to believe that there might be a breakout on your first trade of the day? Why not fade that move into R1...
Well today worked out very nicely for me!!!! Nice fluid moves all day in the futures as we had a wide range trend day. although I must admit my...
This thread will attempt to get traders to post and explain their styles and how they are working or not working in the current environment....
A move on the QQQ is approx 1/40 of a move on the NQ ( naz emini ). In other words a .30 move on the QQQ is equal to a 12 point futures move. The...
5. Time of day, many traders miss the fact that some patterns fail at certain times of day. Several chart patterns have a high tenancy to...
Technical analysis works. That is the bottom line, the thing that most traders overlook are other factors involved in the decision making process....
While I agree that futures can have volatile blips and they are not for everyone, traders of any size or experience level deal with news events...
I believe the QQQ to be a great trading vehicle, whether you trade 1 NQ contract that tracks the same way as 800-900 shares or the actual stock....
Respectfully, I want to argue that flags do work. I think the misconception is that all flags are supposed to work. Think of what a flag...
I heard a rumor that it was caused by an error by a big player who entered an incorrect number of contracts on a buy. I was flat at the time but...
I have taught traders for quite some time and if you search this site you will see my name as an honest and straight forward guy. For newer...
I decided to focus on the qqq for several reasons: 1. smaller more controllable stops 2. focusing on one stock allows me to create a...
Don, I am trading exclusively the qqq and find that there are several setups that occur daily. The problem lately ( last 4-6 months ) is...
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