Longer-term trend is up for CL so when that happens I look for long set ups and disregard short-setups. Often helps me avoid getting whipped...
"4th Quarter earnings will be $120 million" is a company forecast based on their internal analysis of their data. Traders take this info and hold...
The more anyone tries to nail down your argument the more vague you get and claim we do not get it. You said corporate forecast, your statement...
How do you come to the conclusion that Iran is going to be invaded by China? Assuming it is true, what direct link do you have to make an...
How do they know they will crush the iPhone?
It uses past DATA... that is the key. TA uses past price data. FA uses past corporate earnings data. replace price with Data as that is the...
Wow.... you consider that a company forecast?
Let me demonstrate your analysis.... Book reading software proves that any tool that uses past data is BS. By the way, book reading data is...
Give me an example of company forecasts NOT using past information... Give me an example of a forecast of GDP or monthly job's report NOT based...
Company forecasts are based on past information... economic forecasts are based on past information. There is no such thing as future information...
So you ghost write for the people you think are worthless in the market....Every single tool uses past information to predict future price action,...
A huge following on ET and $0.50 will get you a cup of coffee at Dunkin Donuts. The guy if I recall was credit spread trader and being popular is...
Says the man who makes calls non-stops and continues to tout the effectiveness of his Pile Drivers (which are actually great for fading to make $$).
The real question is why is any trader who uses TA/PA is obligated to come here and prove to anonymous posters with verified statements or...
Yeah that is what I thought... Good luck to the OP but forget about daily target goals and just make money.
LL, you are just spouting hypotheticals....yeah we know ANYTHING is possible. But in trading it is IMPOSSIBLE to make 3-6% a day for 250 trading...
Yeah but just short or go long the stock outright at that volume, most brokers will give you stock leverage, you get more movement for your risk...
Wow, you risked $57000 to make $2,500..... this could implode fast if the stock turns against you. This is why I think in the long run you will...
Well to be fair I said laughable in the way the OP presented it :).
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