tailgatetimer10 said:oldarmy1 said:
Query
What is everyone's profession?
Engineering, focus in supply chain and manufacturing
X2 here, plus procurement and contracts
Stock Markets
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233293 Replies |
Last: 2 hrs ago by Heineken-Ashi
X2 here, plus procurement and contracts
The unscientific 30-second answer: we look at past results to help predict future trends or occurrences in almost everything - weather patterns, oil and gas wells, sports teams and players, real estate sales, product performance, etc, etc. If you expect someone to see the future or know 100% what will happen then you don't understand risk or probability. Anyone that claims to do this is probably selling you something. However anyone that tells you past trends or performance have zero use are probably selling you something as well.
The stock he is pumping on that thread issues like 2 million shares of stock a week.third coast.. said:backintexas2013 said:
Believe nothing in politics board. People pretend to be all kinds of things.
I'm almost positive that houstonaggie37713 is mfbarnes.
Also Spends almost 14x as much on SGA then they do R&D.
A couple million in assets vs a 550mil market cap.
I cant confirm but Nancy Pelosi's son is rumored to be a member of the board. 2 execs were also execs of EWLL.
Their prospectus is a joke.
https://www.sec.gov/Archives/edgar/data/1576873/000107878221000017/424b3010721_424b3.htm
Of course it could be pumped up way more but I'm not good at musical chairs.
Trust the process, man! This ain't no place for your pseudo-science!CastleRock said:
I do not wish to start a war here. Honestly seeking knowledge.
I have always been biased towards low cost index funds and time in market, specifically as it relates to retirement funds. I'm reading (for the first time) A Random Walk, which is obviously very critical of both technical and fundamental analysis.
Since this is the charts thread, in particular, the book systematically debunks every single technical analysis method, and goes on to explain why past price movements have zero relevance in predicting the future.
What is the scientifically/data supported response to this?
Just kidding.
I actually don't think there are many, or any, pure chartists on here. Several use charts to identify optimal entry points, and while I don't necessarily agree with most forms of technical analysis, there are enough adherents who use it that it actually makes it relevant for this purpose, especially in the short term.
Use it to your advantage, and don't ever, ever call it voodoo!
P.S. There are a lot of really good people with some great ideas on this thread, and as long as you continue to do your own due diligence, we can all learn a lot from each other. After all, we all want to make money on our investments.
RN
near retirement
near retirement
I wonder what registration/licenses he has to hold to be in the job he describes...and what restrictions would come along with such licenses.
CastleRock said:
I do not wish to start a war here. Honestly seeking knowledge.
I have always been biased towards low cost index funds and time in market, specifically as it relates to retirement funds. I'm reading (for the first time) A Random Walk, which is obviously very critical of both technical and fundamental analysis.
Since this is the charts thread, in particular, the book systematically debunks every single technical analysis method, and goes on to explain why past price movements have zero relevance in predicting the future.
What is the scientifically/data supported response to this?
Start with page 1 of this thread?
CastleRock said:
I do not wish to start a war here. Honestly seeking knowledge.
I have always been biased towards low cost index funds and time in market, specifically as it relates to retirement funds. I'm reading (for the first time) A Random Walk, which is obviously very critical of both technical and fundamental analysis.
Since this is the charts thread, in particular, the book systematically debunks every single technical analysis method, and goes on to explain why past price movements have zero relevance in predicting the future.
What is the scientifically/data supported response to this?
Why would there be a war when the opposition is firing dummy bullets? The scientific data is understanding program trading algorithms and how institutional activity can be identified in a chart.
Wanted to provide some points outside of scientific data support. More from the mental or personal approach. I've seen a response or two and IMO one of the important aspects for most on this thread is that they are anywhere from moderately active to very active with their investments. I would say most are pretty active and pay attention regularly to their positions. The debate of buy and hold vs technical trades has been a long road. Technical trades or investing is managing what is occurring in reality. Volume, support or lack of it, supply, demand, etc. History gives few you points of reference that over and over prove as key indicators. If you can be active and are willing to learn technical analysis (not implying absent of fundamental analysis) I believe you will achieve greater results.CastleRock said:
I do not wish to start a war here. Honestly seeking knowledge.
I have always been biased towards low cost index funds and time in market, specifically as it relates to retirement funds. I'm reading (for the first time) A Random Walk, which is obviously very critical of both technical and fundamental analysis.
Since this is the charts thread, in particular, the book systematically debunks every single technical analysis method, and goes on to explain why past price movements have zero relevance in predicting the future.
What is the scientifically/data supported response to this?
Many are/were invested in mutual funds, index funds, etc as a buy and hold approach that 401k advisors recommended. Mainly because the vast majority of participants are not or do not have the desire to be anything but passive. Sadly, depending on your age if you are not involved with your money you can wake up one day and 30% or more of a 401k is wiped out with a significant event with no time to recover. Nothing gets you out of the way in these cases.
The technical analysis approach isn't for everyone (edit - it is and can be see 2nd half) and I would never recommend it for anyone that wanted to set it and forget it.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Watching the charts and following institutional money and paying attention to volume. Just the MA plays on this thread alone speak for themselves.
what kind of equipment?chubbs07 said:O&G equipment sales.oldarmy1 said:
Query
What is everyone's profession?
Looking forward to the seminar. Thanks, OA, and all you other stock savvy gents! This is probably the only place I will be spending time online moving forward; couldn't ask for a better spot.
https://techcrunch.com/2021/01/07/sofi-nears-deal-to-go-public-in-merger-with-chamath-palihapitiyas-newest-spac/
Ticker IPOE? Is this the sofi spac?
Still trying to figure out SOFI and spaces. If I were interested in getting in SOFI would I buy the spac now?
Ticker IPOE? Is this the sofi spac?
Still trying to figure out SOFI and spaces. If I were interested in getting in SOFI would I buy the spac now?
The world needs mean tweets
My Pronouns Ultra and MAGA
Trump 2024
My Pronouns Ultra and MAGA
Trump 2024
OA1's query: Energy (power) Risk / Portfolio management
To keep up with the thread
Upstream O&G - Financial Analyst
Upstream O&G - Financial Analyst
Real estate broker and 3pl procurement- corporate representation
Real estate investor
Real estate investor
Great question. I'm like you re low cost index funds. I consider this stuff nibbling around the edges for value here and there.CastleRock said:
I do not wish to start a war here. Honestly seeking knowledge.
I have always been biased towards low cost index funds and time in market, specifically as it relates to retirement funds. I'm reading (for the first time) A Random Walk, which is obviously very critical of both technical and fundamental analysis.
Since this is the charts thread, in particular, the book systematically debunks every single technical analysis method, and goes on to explain why past price movements have zero relevance in predicting the future.
What is the scientifically/data supported response to this?
Paper. An insane deer. Taco meat.
What, in your opinion, is the best book to start with that advances your . . . approach? I jump into these threads, quickly remember ya'll are speaking a different language, get frustrated, and leave. I need a good primer.oldarmy1 said:CastleRock said:
I do not wish to start a war here. Honestly seeking knowledge.
I have always been biased towards low cost index funds and time in market, specifically as it relates to retirement funds. I'm reading (for the first time) A Random Walk, which is obviously very critical of both technical and fundamental analysis.
Since this is the charts thread, in particular, the book systematically debunks every single technical analysis method, and goes on to explain why past price movements have zero relevance in predicting the future.
What is the scientifically/data supported response to this?
Why would there be a war when the opposition is firing dummy bullets? The scientific data is understanding program trading algorithms and how institutional activity can be identified in a chart.
Paper. An insane deer. Taco meat.
Manager in Data Science/Research
Very long time lurker on this thread and have learned a great deal. 2-3 years out from retirement. Don't do options, but have still done very well just trading the picks from this thread. Best thread on TexAgs.
Very long time lurker on this thread and have learned a great deal. 2-3 years out from retirement. Don't do options, but have still done very well just trading the picks from this thread. Best thread on TexAgs.
Book is linked here.
But also youtube has some great information on Covered Calls, Selling Puts and other income producing strategies.
Secondarily, the majority of these plays are based on support and resistance levels combined with volume flow.
Not a ton of, but not excluding, candlestick analysis. From those concepts, you can pretty much handle just about any of the calls here.
If you have specific questions, we can jump in to any of these things. I think this place is meant to build up your skills.
But also youtube has some great information on Covered Calls, Selling Puts and other income producing strategies.
Secondarily, the majority of these plays are based on support and resistance levels combined with volume flow.
Not a ton of, but not excluding, candlestick analysis. From those concepts, you can pretty much handle just about any of the calls here.
If you have specific questions, we can jump in to any of these things. I think this place is meant to build up your skills.
What's the Board's thoughts on BBY?
What he said.
I am currently writing one but it will take a while with everything else going on.
I am currently writing one but it will take a while with everything else going on.
panduh bear said:
Book is linked here.
But also youtube has some great information on Covered Calls, Selling Puts and other income producing strategies.
Secondarily, the majority of these plays are based on support and resistance levels combined with volume flow.
Not a ton of, but not excluding, candlestick analysis. From those concepts, you can pretty much handle just about any of the calls here.
If you have specific questions, we can jump in to any of these things. I think this place is meant to build up your skills.
Reminder that there is a copy of this book floating around this community thanks to khaos288. Copy is available to the next person.
I've been looking to buy one but would borrow if available.
Should I PM khaos?
Should I PM khaos?
How did you decide what to do and what not to do?Maedan86 said:
Manager in Data Science/Research
Very long time lurker on this thread and have learned a great deal. 2-3 years out from retirement. Don't do options, but have still done very well just trading the picks from this thread. Best thread on TexAgs.
Paper. An insane deer. Taco meat.
Anyone have it for under 100 bucks lol
Formerly tv1113
Middle School Math Teacher after a decade as a full-time SAHD, part time used/surplus/damaged equipment broker.
Similar to a poster above - I married up (Utility Co. exec)
Similar to a poster above - I married up (Utility Co. exec)
What generates these images? And why do you put $ in front of the ticker. Apparently, I thought I knew more than I do.$30,000 Millionaire said:$CWH is not a trade for me, but a long term buy and keep. Marcus Lemonis is as good as it gets for management, and these guys are a juggernaut in their space. It is bull crap that their stock trades for less than 10X earnings.zwhag2010 said:
What are your thoughts on CWH. I got in around 31 when it looked like it broke out back around mid NOV but since it has resumed it's downward trend. I think you said you were in it?
From a pure chart perspective, descending channel. Daily and weekly squeeze. Over 30 to start another breakout attempt.
Paper. An insane deer. Taco meat.
It's yours man, and just offer it back up here when you're done with it.
Know how I know we are near a top?
Thank you!
Shoot me a message to exchange details.
Shoot me a message to exchange details.
You seeing a bunch of shoe-shiners and lawn guys posting?
*raises hand
*raises hand
The application is think or swim, which is a tool for TD Ameritrade customers. You'll see similar images from Interactive Brokers, Fidelity, or web apps like trading view here.
The $ sign is to denote the ticker. We started doing this to make it easier to search. Similar parlance is used on Twitter.
The $ sign is to denote the ticker. We started doing this to make it easier to search. Similar parlance is used on Twitter.
panduh bear said:
Thank you!
Shoot me a message to exchange details.
Just pm'd you
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