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Tams

Market Wizard
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Everything posted by Tams

  1. I lived in the states for a bit (in various states including ca and az), I don't like the gun zealots, they are no different than the religious zealots; they are a bunch of self-righteous bigots: They are right and everybody is wrong. There is no use discussing anything that they hold dear to. Nobody is listening, and nobody is considering other side's view. The only time people will agree is when both of them are dusts.
  2. lol ! Yea, he is talking from both sides of his mouth. He would make a better astrologist.
  3. Many thanks for the journal and the charts. Have a good holiday @snow dog. TAMS
  4. You are more dangerous to yourself than any of your potential customers. People can see through your delusional behavior, but I am not sure if you can see yourself in the same light. With your vain defense above, you are only beating around the bush looking for a way to save face. You are not confronting your reality -- which is you do not know WTF you are doing. You are in denial. You are beyond help; only an empty bank account can stop you (I am sure you have re-funded your account many times). May god have mercy on you at this festive season.
  5. Don't bother with explanations, people only hear what they want to hear.
  6. do you have a risk profile? ITM? slightly bearish is ok... but it all depends...
  7. What can be asserted without evidence can also be dismissed without evidence
  8. Looks like the market has made a fool out of some guru here today... correction, looks like the guru has made a fool out of himself today. correction correction, the guru has always been a fool, he merely displayed it to the public in full view today.
  9. who cares what you want to see ??? the market does what it wants anyway. I thought you could predict.
  10. Success requires no explanation, Failure permits no alibi. If you predicted an entry price, and the market came to that price, but did not fill you. Are you a success? or are you a failure?
  11. LOL... it would be fun to dig up the story on this guy... he used to post under another name. He made all kinds of claims about his prediction ability, yet he has a small account and can't afford to trade a micro contract. Now he wants to sell his holy grail software. There is nothing new under the sun... History (comedy) repeats itself.
  12. Tams

    FOMC Today

    20121212 12:30 PM ET FOMC Meeting Announcement 2:00 PM ET FOMC Forecasts
  13. anytime you process the data more than once, it is a level three indicator.
  14. a bar chart is an indicator... it shows you where the price has been. if you don't have a chart, you'd be reading a tape.
  15. Indicators can basically be categorized into 3 levels: (there are more levels, but most are merely an extension of the 3rd level) 1. Raw indicators -- they use unprocessed data. eg. a horizontal line drawn at the highest high of the day. eg. MP/TPO where the price or volume are stacked on a graphical display eg. Volume Bar Chart -- eg. where you start a new bar every 1,000 contracts 2. 1st degree indicators -- the data are processed, but only once. This is the closest you can get to the raw data. eg. a 10 period simple moving average where you add the 10 day's close and divide it by 10. 3. 2nd degree indicators -- the data are processed more than once eg. MACD, where you take the XMA and subtract one from the other. eg. Triple Smoothed Moving Average The more processing you do to your data, the further you are away from reality. I am not saying if this is good or bad, I am merely describing the observation.
  16. the royal family must have given her the 3rd degree, she had no choice but...
  17. Wow... this is great stuff. Thanks for sharing.
  18. are you trying to turn this into a private conversation ? I have no objection to it... just saying...
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