I am short (either with shorts or puts) MWP RYL KBH BSC GS NYX and soon ICE
It depends. If I were still holding onto the GS puts I had last week, I would cover first thing in the morning. However, I also have short...
The people at institutions who derive strategies and execute them are the very few, like the ones who run an entire trading desk. I have a friend...
I really hope that a lot of these hedge funds get caught up in the mix. In the last decade or so, the hedge fund industry has gotten huge. There...
Financials. Pretty much anything overbought at 150+ levels you can bet I will have puts on :)
Easy, stock prices are just a manifestation of supply and demand. Nothing more, nothing less.
Few people understand what it is to be trading for a living. Hell, my own mother doesn't want me to be a trader.
Yeah it's a strong signal, but I think it's not as rare as people make it out to be. It's common enough that it finds use, but the indicator...
Yeah it's doable, I know one woman who made a decent living focusing on breakouts and swing trading plays while having some position trades on the...
every contract should be less than 1k
I would watch to see if it bounced off the major trendline tomorrow to confirm before putting in a trade. Not a bad trade if you think about it,...
go fishing! lol take up video games? thats what i do
I agree, you'll probably make more money this way than going in and out on day trades. Essentially you'll be doing what Livermore and Darvas did,...
Edit: It could definitely be a cup and handle, but the pattern has to complete until it actually is one.
That's a big part of the journey as a trader, everyone goes through what you're going through. It's the search for the holy grail. Ultimately,...
I don't want this to come across as an argument, and I apologize if it sounds that way. In fact, we are all entitled to our own opinion and good...
Bearbelly, you say the markets are bullish right now but in my opinion there has been technical weakness for some time. See NASDAQ and S&P500....
Thank you very much for the elaboration OldTrader. Like he said, crashes come after a sign of technical weakness because someone always knows...
There was a descending triangle leading up to September 10th.
IMO If you are caught in a major downside break, it's your own fault because someone always knows about the market crashes ahead of hand (crash of...
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