12 replies to this topic

[AChartist]

stories like tesla, google, facebook, microsoft 1990s are the "just out of the garage"

 

cia firms, probably have to look for military-industrial retailing monopoly operations.

Edited by AChartist, 12 March 2017 - 01:42 PM.

[lawdog]

thanks for all the therapeutic posts. i guess i will keep slugging away, hoping to make my 12-15%.  

[merciless]

1. Appreciate the kind words Semi.  I ve been fortunate in life to have a career which provides way more satisfaction then any amount of money ever could. As one of my partners told me a few years ago when we were talking about retirement, "guys like us can t retire our jobs are our identities"...lol. Having said that I do enjoy challenges and creative out of the box thinking. My journey to trading started when a broker friend of mine informed me that 98% of traders lose money, that's all I needed to get hooked    For a few years here I posted trades on a daily basis using the spaghetti charts which I learned exclusively from another poster here, who by the way posts way to infrequently, Anybody seen Kwave,when  a bunch of us hung out at capitalstool. Lots of talent on this board if you know where to look . Anyhow the journey wasn't always easy but after a few years of reviewing charts and daily looks certain patterns became easily recognizable. As Semi says get in and get out , take your money and run. The market has repeatable patterns every day, how do you think those machines work, its not based on emotions anymore. Find the patterns and ride the waves. As to my trading acct and style Ive posted about that many times in the past as well. My trading acct involves speculative money only. I start each year with x dollars, I trade Russell futures and the Euro only. Usually between 20-200 contracts. Some of my trades last minutes and some days in this acct. Some of my most profitable days are when the futures start oscillating between two price points and I will do 3 or 4 trades in a matter of minutes at nearly the same prices. At the end of every year, profits, if I have them are rolled into real assets or other investments. Like all traders I ve had losing years but I ve had many more winners. My best year to date was a 1700% return which I rolled into a 65 acre estate\farm. There were a couple of years early on when my end of year balance was zero . I was a market historian long before I started trading and have always believed the market exists for the sole purpose of enriching daboyz at the expense of the working class. Having said that the market can also be a printing press with unlimited fiat available for those that work for it and pay close attention. Go back and look at some of my charts if you have time, many of the turns in the Russell were called almost to the precise penny ,,,not by me but by the charts/machines. If you don't like the spaghetti charts Semis method is equally proficient but it doesn t have as many daily set ups. Ill try and post some charts week after next while I'm trading poolside  
2.