Yeah, but it sure explains why your student only screwed up once. (Psssst! Do you know what he does on weekends?)
don't be silly. MS telegraphs exactly what he is doing. there are mant sophisiticated trader who behave as parasites of what moves the market. MS hasn't even scratched the surface. I should probbly take over this thread and run a seminar on how to be parasitic to big money. We can start on page 199 of Harris. Look at the boxes and pay particular attention to the word "parasitic"
I honestly don't see any reason why we don't both keep it all positive. You do your thing on PD's and good luck to you if over the course of the year you correct some issues and absolutely murder the market. But if you trash TA and all those who use TA and challenge TA'ers to stand up to your PD's and show what they can do, then let's say, I'll do more than just suggest you wind your neck in a bit
In MMA, a good hard kick to the posterior region followed by a few hours standing in the horse stance reminds a student that their attention to details is somewhat lacking. I find the musical note from the revving of a chainsaw to just as good but much faster in getting the desired result
Look guys....as in all markets, "Anything can happen". I still think Surf's "short YM" theme at these lofty levels has a lot of merit. The exact timing of this short...well, that really tough to say.
No,it`s not!It is not forgivable to keep stubbornly adding where there is a shift in sentiment. No,it`s not!Its all about having the tools for that.