Reaver

There is no way that these energy companies are going to actually be working on solutions to cut into their profit margin....the only thing they are going to present to the public is something that they will have their fingers into as well......know what I mean Walter? Everyone is talking about Ethanol being the next big thing...but it's nothing new, I remember the 99 Ford Rangers could take Ethanol just fine....it's nothing more than everclear or moonshine (for those of us who are Southerners lol). If you have a flex fuel vehicle, try it sometime or ask your mechanic....it works..nothing magic about buying the new Ethanol magic fuel that they say is so hard to make. LOL Basically, just like in the stock market, the big businesses are taking advantage of the mass opinion and predictability of the ignorant consumer.... My wife and I have been looking into BioDiesel and other things, and are putting money into solar power for aspects of our house, such as solar powered attic fans to keep the house cooler and use less energy, among other things... Sad thing is...those things actually end up costing you more money.....you can conserve energy to help save the environment...but rest assurred the big businesses will always have the game rigged to their advantage.....

Out of curiosty, was that legtimate? Sounds like Ben and Jerry's humor...but just wondering...lol

Oh man yeah but those spammers talking crap about us at ET are like the forbidden fruit or something. LOL But I agree...sometimes the truth hurts. I will try to wean myself from it all.

Awesome info! Thanks for the comments Tin and Walter. Really helps open my eyes to other possibilities...which is one of the main purposes of this thread in the first place. Good stuff....much appreciated.

Welcome to the forums Matt. Naah, emotions in trading are good to a degree....fear can tell you when you are about to do something stupid, just like in everyday life... courage is what is necessary....there is a difference in fear and being afraid...fear may be intuition at work saying it's a bad move, even if you don't catch it with your eyes first....so it can be helpful.... being courageous comes into play when you review the situation after the initial fear, and realize it is in fact a good move you're planning...and then act accordingly.

Walter, Thanks that's a really good idea. I am going to put that into my notebook of possible solutions to situations... I'll watch for that and see how it would have played out...especially at the end of the day to see what direction the reference points are hinting at.... That does look like a good stage 3 to me so far.....

Good info James.

Drunken rallies, isn't that Jackie Chan movie? LOL Yeah I agree with you there...I have major issues trading against the trend...traumatic experiences with the counter-trend boogieman when I was younger. LOL I really what I think I will look for is a rejection of the lower end ...and get ready to for a long breakout.... I'll watch and see.....will post more as knowledge becomes available...

I may be misunderstanding your question.... but if the market is doing this /\/\/\/\ it is a trading or ranging day if it is doing this / you have yourself a trend... now you also seem to be referring to some sort of forex equivalent to seasonality based on events and time..like Trader273 and brownsfan said, no way to predict the future, or else none of us would be trading....but if you were to conduct research and find high probability patterns on a calendar basis..there are those that trade that way and say it's the way to go. I don't think this would be a good move in forex, but it's not my call, who knows you may come up with a way to blow the doors off the concept. Good luck, hope I helped a little.

Here is a chart for my previous post.

LOL thanks for the laugh!

James I totally see your point in what you are saying about not restricting membership. Thinking solely about keeping the losers and oxygen thieves off the board caused me to overlook that every important detail. I know a few pretty new members have really stepped up and added a lot of content to the forums, so I agree with you that going for a restriction to the degree we were referring to may turn away otherwise good members to the forum. I think that the ideas you mentioned sound like a very good start. Sounds like they could make a significant difference in the amount of BS here. It would be a shame to shut out potential great members here just to prevent spammers and instigators from doing their thing. I think your idea is an excellent start.

I was looking at wheat for a trade....I would normally be looking for a break to the downside around 8346...but that would be a counter-trend trade...I am not totally against them but I prefer to stick with the trend. Maybe after more experience I will be more comfortable with a counter-trend play, but for now I am going to sit on the sidelines. Note: For the time being I will be watching 30 yr Bonds, Corn, Soybeans, Wheat and the YM.....I may extend this universe out a little further in time..but this is what I am comfortable with for the time being. So...sidelines it is. Good chance to observe wheat to see what would have happened in a CT trade....maybe it will help build some confidence in taking CT moves....or maybe it will reinforce my feelings against taking them. Time will tell..for now, this is a chance for me to sit down, shutup and learn.

It is sad that everything had to come to this. The line was totally crossed when "they" started trying to bash James in public over at ET. I'm a big boy and can handle it myself, and I admit I stirred plenty of it up over at ET...but that is away from home (TL). When I first signed up here, I may be wrong, but I do believe you had to be fully registered to even view the pages here...Of course, like Brownsfan said, that won't totally prevent spammers etc..but then again, locking your car doors won't totally prevent thieves from breaking in....but it helps. James has put an enormous amount of effort, and God knows how much of his own money into this forum, and the result has been a stellar site with more camaraderie and quality content about trading than anyone has anywhere. I defy you to find anything better out there. Being a trader is a lonely road, especially if you are self-directed....you don't really have anyone else to discuss trading with or bounce ideas against.... Trader's Lab allows facilitates unsurpassed quality interaction of its members. This forum has integrity and that is worth its weight in gold. How to keep it that way? I have no idea how much it costs to run a forum, but I am willing to bet it is quite expensive, especially as it grows. There is no telling how much money James has put into this site out of his own pocket. The main purpose of the sponsors, etc is to generate revenue to keep the forums running. Maybe James makes a couple bucks here and there, but I think James makes his money trading and the revenue from this site goes into operating costs, assuming that costs don't exceed the income. Therefore revenue is necessary, as I wouldn't expect James to keep footing the bill for this because we have become picky about the advertisements. The problem is, however, that we ARE in fact picky about any unscrupulous advertisements and spammers as these are detrimental to the integrity and quality of the forums. Dr Janice is an example of a great sponsor. She generously donates her articles to the forums and doesn't engage in any self-aggrandizement or underhanded techniques. She is an example of a vendor that I have utmost respect for. It is truly hard to have honor in such a business field as trading, considering most of the competition will stoop to any level to get business. So Dr Janice, I salute you for your efforts. Trader's Lab greatly benefits from your presence here. The problem begins with those who aren't so honorable....this is what needs to be rooted out. If James restricts membership, it will make advertising potentially less lucrative for the sponsors here. Therefore he may be in jeopardy of losing vital revenue from sponsors. There is x amount of revenue that the forum must generate to maintain operating costs, and make it worth James' while to maintain this great forum. This is where we may be called to come in. I am not sure how much it would cost per capita to make ends meet around here, but I think it would remain a reasonable amount to pay for a membership here. I of course, like any trader, want to buy low and all..(lol) but sometimes you can't get by on the cheap stuff. I would gladly pay double or even triple the going rate for premium membership if it would eradicate those that would destroy this forum and take advantage of its members. I can't speak for anyone else but that is my opinion in the matter. There are parasites tunneling all through the forum....and we have to burn 'em out. *If this post is out of line, please delete, I do not want to cause trouble. This post comes with the best of intentions.*

:confused::confused: man that's a lot of margin!

I like GME to the long side either at market or look for breakout of appx $59.82. All signs point to a long play, for me at least. YMMV. Fundamentals wise...well I just got finished playing Bioshock for my 360.....and I am gonna be buying myself plenty of games soon enough...LOL

Okay I see a potential trade coming up. I will post the info a little later tonight once my volume data from Friday comes in. And I get a chance to re-evaluate.

I imagine this technique would be best suited to one who was focusing on a specific market, as appropriate lot sizes for each category would vary significantly with each market...ie a large lot size in the S&P 500 has a very different definition than in, say Corn. Good info James.

I don't know why but I always thought IBD's 100 list was in regards to CANSLIM analysis. Thanks for the info Dog.

Aaah, okay thanks. Never even noticed that part before. LOL

How do you do that walter? I know how to send a request to add someone as a buddy, but how do you check your "inbox" so to speak?

Yeah I am not sure what the consensus really is myself right now...but the thing I like about Ron Paul is his taking a strong stance against the IRS and some of the unconstitutional things it does, yet no one stops them....one day as a full time trader, I will be happy if he is able to make some reforms to their tax structure.

Good points WHY....I like the NASA analogy.

LOL I actually just finished re-reading the discretionary vs system thread a second ago.

lol oh yeah I must've missed that part...it was pretty late. LOL:embarassed: