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Did Someone Say Romp?


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#21 CLK

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Posted 17 May 2017 - 08:32 AM

 

Ninety percent of the time that people have attempted to post a real time trade only ended up in a loss. So I doubt there is

anyone here that has any real trading edge over time, no matter what method. People that merely invest have a significant

edge over traders that regularly take stop outs. I never lost money over time investing, quite the opposite with trading.

 

Catching the jump from November means nothing if the consolidation chop takes it all back.

 

If you truly in beleive in that, then why are you wasting your time trying to trade the markets ?

 

 

I don't know what you are doing, you say you are waiting for price to turn, you post no trades yet bash other people

for the systems they use. It sounds like you are doing more investing than anything, and if you are doing a lot of

small trades on the side you don't post them. I caved in and went long yesterday now I am facing a 2% day against me with

leverage. It seems yet again the hourly system of buying low and selling high is superior even though I didn't follow it.



#22 diogenes227

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Posted 17 May 2017 - 12:07 PM

clk,
I can't remember if you were on this board when NAV was posting so many large and small real-time trades that were so dazzling it made one's head swim. Now he mostly notifies when he has a turn. He isn't always right (as he's said often that's what stops are for), but calling a turn is far more useful here because, more often than not, if you are on the opposite side of his turn you need to rethink your position or your head can swim before you know it.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#23 CLK

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Posted 17 May 2017 - 06:08 PM

I doubt anybody gets much of a retrace,
either they get left behind or they will
be shorting at lower prices.

SPX daily is on a sell as of the close,
ending the Trump rally on negative
Trump news probably retraces the whole rally.

I stated my trade real time for the
IT. Long TZA calls.

Edited by CLK, 17 May 2017 - 06:10 PM.