This is worth a listen from big SAM..."if you a plastic surgeon and you have to step away for a boob job, your trade my lose 5K while you are doing the boob job"
I'm in!FJ43 said:
Idea for everyone...
Was thinking about getting a WEBEX, Zoom or whatever call sometime for anyone who wants to share a screen or two and learn some quick charting fundamentals for identifying support, resistance, trend lines & volume. Potential breakouts and possible entry. Iron sharping iron sort of deal shared screens.
IMO support/resistance and trend lines must be mastered before much else. Nothing crazy with all the studies like MACD, SAR, RSI, Bollinger, etc. but those are all good as well.
Just basic blocking and tackling.
FJ43 said:
Idea for everyone...
Was thinking about getting a WEBEX, Zoom or whatever call sometime for anyone who wants to share a screen or two and learn some quick charting fundamentals for identifying support, resistance, trend lines & volume. Potential breakouts and possible entry. Iron sharping iron sort of deal shared screens.
IMO support/resistance and trend lines must be mastered before much else. Nothing crazy with all the studies like MACD, SAR, RSI, Bollinger, etc. but those are all good as well.
Just basic blocking and tackling.
Is Not a Turtle said:
I am interested in contributing to/attending a charting session.
Also I have one of the copies of the Handbook of Technical Analysis from the group that I would like to pass on. Message me here and I will get it sent out.
Cheers!
I love posts like this.trip98 said:
Profit is profit
Had sold ASO 45 but have. But did today and only made 20% on it
Prognightmare said:I love posts like this.trip98 said:
Profit is profit
Had sold ASO 45 but have. But did today and only made 20% on it
Before you became an active trader/investor and followed/controlled your money did you just plop it into a mutual fund? I'm not picking on you, but I love to watch people take control of their money, learn and use their knowledge and increase their money.
Honest question for anyone that just plopped money into mutual funds before you took control, wouldn't you be ecstatic if your mutual funds produced 20% YOY? However, you are disappointed that you "only" made 20% on a trade. I doubt you held that trade a year. Witnessing the growth of individuals on this thread is what is all about.
Knowledge is power and we all here, experienced or beginner, want the same for everyone. I love this thread.
Prognightmare said:I love posts like this.trip98 said:
Profit is profit
Had sold ASO 45 but have. But did today and only made 20% on it
Before you became an active trader/investor and followed/controlled your money did you just plop it into a mutual fund? I'm not picking on you, but I love to watch people take control of their money, learn and use their knowledge and increase their money.
Honest question for anyone that just plopped money into mutual funds before you took control, wouldn't you be ecstatic if your mutual funds produced 20% YOY? However, you are disappointed that you "only" made 20% on a trade. I doubt you held that trade a year. Witnessing the growth of individuals on this thread is what is all about.
Knowledge is power and we all here, experienced or beginner, want the same for everyone. I love this thread.
Prognightmare said:I love posts like this.trip98 said:
Profit is profit
Had sold ASO 45 but have. But did today and only made 20% on it
Before you became an active trader/investor and followed/controlled your money did you just plop it into a mutual fund? I'm not picking on you, but I love to watch people take control of their money, learn and use their knowledge and increase their money.
Honest question for anyone that just plopped money into mutual funds before you took control, wouldn't you be ecstatic if your mutual funds produced 20% YOY? However, you are disappointed that you "only" made 20% on a trade. I doubt you held that trade a year. Witnessing the growth of individuals on this thread is what is all about.
Knowledge is power and we all here, experienced or beginner, want the same for everyone. I love this thread.
I would love to be a part.FJ43 said:
Idea for everyone...
Was thinking about getting a WEBEX, Zoom or whatever call sometime for anyone who wants to share a screen or two and learn some quick charting fundamentals for identifying support, resistance, trend lines & volume. Potential breakouts and possible entry. Iron sharping iron sort of deal shared screens.
IMO support/resistance and trend lines must be mastered before much else. Nothing crazy with all the studies like MACD, SAR, RSI, Bollinger, etc. but those are all good as well.
Just basic blocking and tackling.
Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
LOYAL AG said:Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
First question is what nation is 8th and which corporations will have the balls to move there?
AG 2000' said:LOYAL AG said:Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
First question is what nation is 8th and which corporations will have the balls to move there?
China not one of the signatories. Hate to be cynical about it but...
in bold there is exactly what I think will play out and this year. No bitcoin to 100k this year, no free lunches or get rich quick schemes. I'm not long any crypto, I scalp it from time to time, that is it. The chinese I think will be #1 in trying to manipulate it. This June pullback the markets are about to experience will flush crypto too. I think we see bitcoin in the mid to high 20's.LOYAL AG said:
Where do we see BTC and thus the miners going over the short term? We're in an interesting spot technically where it's being squeezed between the 8 and 200 EMA so it seems something has to give and probably in short order. I'm one that sees crypto as digital gold but I also think eventually we're going to see the worlds governments look to destroy it to maintain control over the global financial system. I just don't see the latter happening in the short term so right now I think it's a more technical trade than anything. Thoughts?
I thought this is what Dubai was for?LOYAL AG said:Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
First question is what nation is 8th and which corporations will have the balls to move there?
slacker00 said:
How does the giant candle on the 19 impact the rest of the chart? Basically, every day since then has been trading inside the high/low of that day.
trip98 said:
If I'm running a corporation that is looking to finish the year just north of 10% in profit I'm spending just enough to get to 9.8%...... first thing I'll do is I'll give all employees fat bonuses to get to 10%.... Then I'll spend 1% advertising the hell out of said bonuses to give the govt a big middle finger daring them to come after me
NRD09 said:$30,000 Millionaire said:
Here are the most recent times we've touched -2 ATR on the daily SPX and what has happened:
- May 12, 2021: TBD, time will tell
- March 4, 2021: 100 point rally the next day and 250 points over the next 2 weeks
- Jan 31, 2021: 100 point rally intraday, 300 points over the next 2 weeks
- October 30, 2020: 400 points over the next 11 trading days
- September 24, 2020: 450 points over the next 3 trading weeks
Could we go to -3 ATR right away, yes! Is it high probability to short here for huge return, no. Will we revert to the mean, yes!
June 4 427.5/430 spreads are .32 right now. I'll test your hypothesis!
Also still buying the snot out of crwd june 11 calls
BlueTaze said:
I know this is a TA thread, but does anyone use toggle? A fundamental alert tool. I heard Drunkenmiller pumping it as a great tool.
Something, something .. new world order?LOYAL AG said:Prognightmare said:
G-7 nations reach historic deal on global tax reform
https://www.cnbc.com/2021/06/05/g-7-nations-reach-historic-deal-on-global-tax-reform.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
First question is what nation is 8th and which corporations will have the balls to move there?