Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Sanrith Descartes
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Blazin
Creative Title
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Thanks, I enjoy the accumulation of so much study and work more than the money. Few can understand the road that was walked to be able to do that consistently. Some day I'll probably lose my edge as it can be one hell of game to stay on top of it. It's why I'm a little prickly at times because there is always some new guy in this thread acting like an expert because he's been trading for a year and I suck at remembering this is the internet.
(18) QQQ contracts at the low...
- 3
- 1
- 1
swayze22
Elite
- 1,217
- 1,097
Asshat wormie
2023 Asshat Award Winner
- 16,820
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How? There is nothing special about the volume at that time. Is it because it broke through an established resistance after a previous attempt?
Gravel
Mr. Poopybutthole
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For as much bear talk as I do, keep in mind my wife and I are all in on total market funds and despite it all, we still hold for the long term.
I'd love it if this is the biggest pullback we see, because at some point this year we need to pull out some money for 2023's living expenses. But I don't think this is it for the sell off.
I'd love it if this is the biggest pullback we see, because at some point this year we need to pull out some money for 2023's living expenses. But I don't think this is it for the sell off.
Jysin
Ahn'Qiraj Raider
- 6,457
- 4,345
As an active trader, this doesn't have to be the big reversal to go back to trend. This is all about scaling in, positioning yourself big enough at the right time(s) for upward moves.
SPY
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- 1
Zog
Blackwing Lair Raider
- 1,804
- 2,324
Tmac
Adventurer
- 9,976
- 17,004
Sanrith Descartes
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Jysin
Ahn'Qiraj Raider
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Eh,
Sanrith Descartes
you definitely hold your own here. I always listen to what you and Blazin have to say. Your advice is absolute bedrock foundational trading for 99% of the people in this thread.
Sanrith Descartes
you definitely hold your own here. I always listen to what you and Blazin have to say. Your advice is absolute bedrock foundational trading for 99% of the people in this thread.- 1
Blazin
Creative Title
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It's never one thing, I watch so many inputs. I had made a post the other day about that subjective gut read of large amounts of data. Some people try to more strictly quantify a model with many inputs, I have always stuck to my intuitional read of many inputs. I watch individual names in certain sectors, counter asset movements, the vix, moving averages, volume, media as a contra indicator (including this thread). More than 50 different inputs that I study.Blazin
What gave your conviction this was the bounce? What was your QQQ entry point?
My last big SPY add was 428 on the big vwap reclaim before we rocketed off.
If you want to hone in on "one thing" for this one. Load up NFLX chart and take look at 11:20 till 12:30. There was a sentiment turn on an insane flush. This setup in NFLX on the 5m is by far my favorite pattern, classic double tap that doesn't go lower and recapture of previous hump. I'm like BUbbles in a room of 12yr asian boys, I just can't help myself on a setup like that. I flicked to several more names to check that I was satisfied they had hit my flush out goals and then jumped in.
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Big Phoenix
Pronouns: zie/zhem/zer
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