Patuca

absolutely correct...you did the right thing...you bite the bullet..you did it "your way". nothing wrong with that...i am always wrong in the markets.. when it goes against me i don't get out fast enough and when it goes my way i don't have enough contracts on...most of the time :rofl: however, ...there are those days my friend....we shall see...it ain't over yet....the code is intact...the play is on..i am going for a homerun.....at least wish me luck...i may need it:haha:

Future traders have to make their own luck. You have 4 days out of the month to make the lions share of the profits. 8 days will be winners...8 days losers.... for a basically breakeven. the remaining 4 days ..well the train has to be loaded..you have to attempt to identify those days and press your luck....you have to plunge on the big moves....you have to go for the big kill..IMO...most of the profits are made on few trades..potatoe chip money may be made on the others... IF one is lucky..my opinion.. once again, do not do as i say ...and even more important never do as i do... I await the plunge..hand on trigger..rather mouse pad or mouse....

you ain't got it! No sir!

You got it! Yes sir!

MM you don't need the secret code. Remember you had 10 points in the bag...plus if your SL would have been opened up a tiny bit ..why you would be singing .."sail on silver girl..sail on by..your time has come..." Just think of all that scaling into winners you were gonna do...why you might have been singing..."we are the champions" while i could have been singing a "tear in my beer" at the HORSESHOE TAVERN. HOWEVER...as it is, it wasn't and as it wasn't, it shall be..PRICE..TIME..SYMETRY. Shades of W.D.

hello mits..good to hear from you...you might consider becoming a perma bear for a least 1 month once the plunge starts. When it gets back to MM storied SL he can just re-enter long while i am sopping up the profits and planning my next fishing trip. Capt Bob gues what i found? HORSESHOE TAVERN. I shall take picture and document this for you. This is a major ...major find you know...

somebody has to keep reminding you guys that it is a bear market :rofl: :rofl:

Not fishing last few days..have not been feeling well...you know old age..i guess.. I am glad to see some traders coming out of the closet and trying to actually predict next market move...predict is such a powerful word you know....some give an occasional wink to it...others respond in a deluge of words slaying the very possibility of even the word predict existing... pre·dict /priˈdikt/: Verb Say or estimate that (a specified thing) will happen in the future or will be a consequence of something. Synonyms foretell - prophesy - prognosticate - forecast - presage Predict - Definition and More from the Free Merriam-Webster ... Predict - Definition and More from the Free Merriam-Webster Dictionary to declare or indicate in advance; especially : foretell on the basis of observation, experience, or scientific reason. intransitive verb. : to make a prediction. MM predicted the rise of the ES and did quite good but alas he got stopped out of his. I predicted the fall of the ES and it has yet to happen...i have paper losses but have my position...its a bear market you know...up is down and down is up.....

no! no! no! you don't understand MM. When a trade goes against me and the secret code has not yet failed i simply look to double up and preferably triple up in the same direction as my original position..that is i double and triple average down my losses. When the predicted move comes i only have to travel in the predicted direction a small amount to be in the money...after that it is "sail on silver girl ....your time has come....."

capt Bob are you, suntrader, and mr silver attempting to predict PM prices ahead of time? shhh...don't tell no one that (predicting) is prohibited in the trading world. Meanwhile ES is short covering before the plunge..looking fer a good place to short more..maybe 10 lot..or 5 lot..or 2 lot..it is called averaging down losers...shhhh also prohibited..

Dear trading wizzard and all members and viewers ....before i leave i wish to clarify something. I am simply saying that the poster who apparently lives in boca raton is living in a town called "rats mouth". That is what it means in spanish. Boca is mouth and raton is rat. But raton also means cowardly thief, in slang, in spanish. So, in the slang it (the town) can be called "mouth of cowardly thieves". I am not in any way referring to the poster personally but simply to the name of the town. I am sure many decent people live in boca raton one of which i am quite sure the poster is one of those decent people....even if he said in a round about way that i had diarrhea of the keyboard...just clarifying...what i said, was in jesting...i am trying to be nice..it is hard...especially when ones position in the ES is taking on water.....but i shall return after the plunge of the indices which i am quite sure will happen according to the secret code...the burst of irrational exuberance from the fed info today about the market will subside and the plunge will take place soon....:hmmmm: ..at least i hope as i have no stoploss...never do what i say do and never do what i do...:helloooo: :ciao::ciao::ciao:

I think i will leave the forum..can i get an :applaud: :applaud: ??? ....a celebration??.:beer:...a thumbs up??? :thumbs up:...... thank you...thank you....you are all so kind. HOWEVER....i may return after the plunge in the indices...to perhaps gloat abit?? :thumbs down:

coffee i.e. columbian gold......spit out more dinero today....at least twice..it might be a good idea for all demo sim traders to jump on board long on next open...just thinking...:helloooo: nobody listens to me....

No, not really, as you seem to be mannerly and having been raised properly i doubt you would resort to responding to such senseless posts as mine....:haha:

the liquid gold ATM machine dispensed cash two more times and getting ready for a third....just saying...

Dear tradinglizard if lizards can help each other then traders can too. we can share and learn..most do not like what i share...it is strange as i only attempt to predict and post beforehand trades. I also make humorous remarks that i guess they don't like too well...when my predictions are on target they seem to get meaner with me.....wonder why? .....one recently said i have diarrhea of the keyboards but i pay no attention to him as he lives in Boca Raton which translated means "rats mouth" but in slang the word raton means "cowardly thief" so basically he lives in the town called "mouth of cowardly thieves". so, i have many places to go and visit and many rivers to fish in but i will not be, any time soon, visiting this town that literally means "mouth of the cowardly thieves". ....:rofl: :rofl:

well place i won't be going......boca raton!

MM will always make a comeback..no traps can hold him down..no stop losses can stop him.. [ame=http://www.youtube.com/watch?v=6dRSsnbvfVY]Mighty Mouse - WORLDS STRONGEST MOUSE! - YouTube[/ame]

tradinglizzard. The problem is thus: 1) i patuca am old and ride a moto 2) capt bob is older ..sips on coffee and plays golf 3) siuya beside having a funny name is REALLY old and he likes to fib..well almost..he prefers 50% retracements. plus he appears to like fiat money.. so when you get three old people on a thread in the presence of tradinglizzards we cannot help ourselves..thus we fall apart... that said there really is no problem at all. Suiya just wants to keep the thread on gold..and fails to see my coffee predictions as little ATM machines. now if the machines spit all gold coins all would be well and everyone happy except mighty mouse who detests gold and loves stop losses. when i find it i shall post a video of mightymouse which i am sure he will like and the rest of us will be astonished..but...i have to find it first.. Patuca

Did nary a brave soul go long on coffee a few minutes ago after my clear and present warning (made beforehand)..nope...i thought so..the ATM strategy..not only preserving the capital...but spitting ....spitting out the cash...... I am going to have to stop and do something worthwhile...like go fishing...the rains have stopped here in Alabama...the flooded rivers and lakes are clearing and the fish are there for the taking....sounds kinda like trading eh? when things clear up the money is there for the taking. where oh where shall i go next? Kentucky? Tenn? New York? Arizona?...central america? Should i buy a motorhome and pull my moto behind it? I am getting old you know.....

capt Bob please do post the uranus prediction.. And move forward with the fib exploration..Ignore the ridicule..i know it can bruise the ego....but it will heal...with time...remember mr WD and his notion of price..time..market symmetry..when the time is correct..prices get right..the market has a lovely symmetry and the bruised ego gets healed. while it is not a fib most fibbers include the 50% retracement. Concerning it i quote mr wd: "You can make a fortune by following this one rule alone. A careful study and review of the past movements in any commodity will prove to you beyond doubt that this rule works and that you will make profits following it" I now quote mr Pugh: "the 50% reaction is one of the most valuable of market habits and the trader should follow and profit by this most dependable of all market laws. This remarkable form of market action is far the safest and surest movement on which the trader can base his moves" there..... the sages of yesteryear have thus spoken...it behooves all dipsticks to give a heads up and listen.... A mr racette i believe who post here occasionally has probally built much of his trading strategy around fibs and 50% retracement...then mitsubishi has done quite bit of research into this and i think he has some very worthwhile contributions in this area even though we antagonize each other...well..really me..antagonizing him... as a starting point..well that depends on time frame one is trading...any discernable swing high/swing low can be a starting point..on any time frame chart. ..generally you trade with trend catching falling knifes on the pullbacks and averaging down losers on the pullbacks if you are so inclined to do so. If not, then you can try to pick bottoms and tops of the pullbacks. problem is both techniques break the much vaunted trading rules firmly established by the elite......

Exactly as the federal reserve wishes...gold has been pounded down to protect the dollar as the reserve currency of the world...once that point has been driven deep into the hearts and minds of all the little white sheep then and only then will they weaken the dollar to strenghten the economy..leaving the sheep to eat thorns..it is a game to keep the game going.. As we know all games end.....please await more QE perhaps under another name as they taper the present QE... gold never got the memo....the little white sheep did:rofl: :rofl:

Liquid gold...i.e. coffee...columbian...is at this moment as i type..well it is setting itself up for the LONG strategy of the recently revealed ATM strategy...all who choose to demo trade it with play money must never forget to place those stops out of reach but close enough to recover a loss quickly should the ATM strategy go on "hold". Probally none will make the play. Since a jackass revealed the ATM strategy...sorry ladies it is hard to get reformed...i will keep trying..maybe i should use the word burro? Ha yes..i am a BURRO! What is mighty mouse? A trap diffuser? :rofl: :rofl: PS it is all in fun MM...since your are smiling at this moment with gleams of gloating in the white of those eyeballs... PPSS Your gleams shall turn to tears once i find a good place to short some more...i am just letting the market and the secret code just talk to me..patience my friend..patience...it takes a while for tops to form....

Oh shucks... another profitible trade in coffee using the ATM strategy...capt Bob when you gonna get your ATM card?.......drink a cup of coffee and think about it....i am quite sure MM is all over coffee....he likes tight stops..which he never changes...regardless....unless..he changes them in the other direction...the ATM strategy uses fairly tight stops..modus operandi for MM...not necessarily bad and can actually be good....if you use them...on the hand sometimes it can be bad.....which can really be good because even though one loses they preserve their capital...see losing preserves capital...most cannot understand that concept....so we must lose to preserve and gain to lose...sounds logical for a breakeven strategy..unless one actually loses more than they gain..which thus becomes a losing strategy...whereas gaining without losing is always a capital building strategy...cow manure! gets quite confusing..... Look, just forget all i said above except the ATM strategy... It uses stops..and preserves capital while spitting out gains..the best of both worlds..plus some very informed people say markets run sideways 70% of the time and this is the party the ATM strategy really likes.. PS ...WARNING..do not do what i say do and certainly do not do what I do.. Probally won't ever have to worry about that..no one does what i say do nor do they do what i do..except for the dipsticks....:helloooo: :rofl: :rofl:

PPSS gold remains bullish...silver too...:missy: