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khamore1

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Everything posted by khamore1

  1. Stress causes a hair loss too…. I use “Rogaine”
  2. Greece Cut to Selective Default by S&P (2-27-2012)
  3. I can’t wait until they start their own IPO…. I’m sure their market value going to exceed AAPLE Microsoft… and home depot The only problem is they stole this idea from me…. I guess I have no choice but to sue them…
  4. To: jpennybags You did a great job with the Native road sign, Can you find out where this one was posted as well? I’m so curious to find out who will go through all the trouble to erect it
  5. Obsidian. It looks like some place in the US… Do you know what the name of the town is? What the punishment if someone laughs? I would like to visit the place… Lol
  6. Yes it is possible if Israel will strike Iran, a barrel of oil will shoot up to $200 but only for the next 6 months Iran with nuclear weapons…the price will shoot up to $500 forever...
  7. Managing and Understanding the Nature of Trends by StreetCoup 01-09-2012, 09:10 AM ________________________________________ QUATE BY STREETCOUP A trend represents the evolution of public sentiment, specifically, the psychology between optimistic market participants (bulls) and its pessimistic counterparts (bears). Moreover, the angle of a trend can determine whether the market’s mood is extremely optimistic or extremely pessimistic. One thing that is very common of traders is that they consistently take a pounding from the market because they do not understand the underlying forces of trends. If the market is visibly moving down, sellers possess greater authority while buyers are countering against the seller’s strong influence. In the bigger perspective, such upswings are mere counter-moves on the way down. Buying is thus a much more challenging proposition than going with the dominant force. The opposite applies to rising markets in which buyers are in control. If a market is in a decline and a trader is short, there is no point in covering, buying, and shorting again lower and lower because he will not be accomplishing anything of greater significance. What is the advantage in being exposed to new risk if a market is in an obvious decline already? You should stay short in a downtrend and not be overly concerned about reversals against you. On the contrary, there is no point in buying into every dip in hope for a massive recovery rally. New spikes on the way down are a necessity and a chance for bears to adjust their stops lower, thus reducing their risks or even secure increasingly more profits. If you think about why markets move up and down: It is because there is an ongoing war between bulls and bears. These two opposing groups behave like armies on a battlefield. The aim of the bulls is to push markets up because they make money if they are successful, but they forfeit money if they are not. Then you have an opposing crowd that is just as intense as bulls in moving markets to the opposite direction. We basically have two enemies with two very different goals. The bottom line is that all up and down movements are actually the result of a dynamic battle being fought out between these two forces. Significant battle lines are drawn days to weeks before, and have an immense impact on how the market moves the following day. A fight for control is taking place at these lines and are what we call a support or resistance area. As the bulls advance, the bears retreat and regroup at the next resistance. There, more bears enter the market in hope to overwhelm the bulls in a larger number to push the bulls back down toward support. Bulls regroup at support with the goal to push the bears back up towards resistance again. It is a cycle that appears in all markets. What is being exploited for profit is the dominant trend of the market. We do not make money by predicting support and resistance areas, but by catching turnarounds there. Once a trend is initiated after such a turnaround, it is not going to stop right away, but it will continue for an extended period. The ignition will trigger a chain reaction of orders that will predominantly serve the winning army’s interest. In an uptrend, bullish traders are making more and more money while bearish investors need to cover their shorts and reverse their position which, in turn, gives further boost to the ongoing uptrend. Obviously, those market participants holding long positions will not easily give up their money-printing machine and stick to this position for as long as possible. Same for the former bearish participants who are finally starting to profit, expect the trend to continue. A trader’s fear that the market would turn against him any moment is usually unjustified. The challenging part is to stick with a position through thick and thin until the position is stopped out for good. Prior to this, a trend follower’s job is easier than you might imagine: wait and sit on your hands. __________________________________________________________________________ I have two questions for you 1. What one should do when the market is ranging? (Which is 80% of the time) go hibernate? 2. Can you prove you A.? You trade…B. you make money… (I mean real money. not monopoly money?)
  8. Maybe you should consider inviting Spydertrader or some other knowledgeable trader to give us a webinar on the subject during the weekend I assume if they took their time to write so many posts they will gladly agree to do so and you will help me and a lot of other traders as well
  9. My intention in the above thread is to ask if it would be a good idea to limit a thread to a certain size
  10. There is a thread on TL called “The price/volume relationship After reading the first couple of posts I developed a headache continuing to page number 5 I passed out… I have decided if I want to learn about the subject I might as well pay the $500 fee to a school to teach me about the subject rather than read to the end of page 500…
  11. Your word of wisdom, sent me flying....
  12. Never heard of it…Isn’t the low of the hour is pivot low and vice versa? Why do you need it?
  13. Maciek use this road first at least you know where it ends
  14. TL has 73,377 members, I'm sure each one of us is ready to help you to get rid of your money
  15. In my opinion if they don’t come up with a solution BEFORE the closing bell on Friday (2-10-2012) they will go bankrupt on the weekend. They intend to trap the market in the current position
  16. They look like beer taste like beer and called Budweiser
  17. I see the head of a Bull (I had to use 6packs to see it)
  18. Bob, call your millionaire friend she needs help
  19. this is what kakaminejat told me after the interview
  20. RGUDGEON "Is it better to sit back and do nothing when the market is like this or should I just look for setups and work them regardless of having no direction from the market"? To.Mitubishi, and Tams My answer: “when in doubt get out” was to the above question and intended to rgugeon I think it is the best course of action for him Rgugeon even answered his own question “at least I did not lose any money” And here is another quote for you Mitsubishi. “A trader become a real professional when he/she does not feel bad if they missed a trade” The biggest edge any trader has is: they don‘t HAVE to trade all the time
  21. I will tell you how Jim Dalton see longer time frame, he looks at monthly, sometimes at weekly chart. But longer time frame ALWAYS dominate the market when they are in it Longer time frame does not know or care about mechanical signals, like pivot points, stochastic, single prints etc… their only care is significance level . The only time the shorter timeframe dominate is when the market is ranging luck of direction and confidence (I'm selling you what I learned from Jim)
  22. Bob, I want to thank you for your advice and I need further assistance from you, your strategy works only in a ranging market but not in a trending market, since 80% of the time the market is ranging your strategy will work within that percentage, but how you handle the trending market, the other 20%? I used your strategy for a while and I was making a $1000 a day before even taking a lunch, the problem is I was losing $10,000-$15,000 a day when the market was trending Here I need your advice, how you know it’s going to be a trending day to switch this strategy?
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