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Last Post: 9/14/2018 6:27:39 AM - Followers: 26 - Board type: Free - Posts Today: 0

Tradezzz place is a place for picks. Doesn't matter if it is pink, grey, otc, options, forex.

The weather:

Spot gold

Spot silver

Places of interest:

Jesse Livermore



From the beginning of mans first thoughts we have tried to figure out where we came from. More important what is the destination? The answer is not where we go but how we get there. As the native Americans say," We do not inherit the earth, but rather we borrow it from our children." . This can mean many things to many people but it is the truth for those that want a better life for the future. You can call it an investment in tomorrow's future. 

It was thought once that people could turn one material into another and thus creating a wealth of a great magnitude. Knowledge is power so perhaps they were not even talking about turning lead into gold. Perhaps they were talking about turning a crippled society into a golden society? Not sure but it would be nice to see a utopia that once was a dream.)) 

Charts and trends are the key to indicating prior price action but it is only half of a whole. One must also look into news that may effect the price. If you know how to read certain pr's you can judge what is next and discover the patterns of the chart that may take place. People buy break outs because they know once that happens it almost always goes higher. Lets take a look at Dennis Gartman's rules of trading. 

((The 22 Rules of Trading 
We give you Master Trader Dennis Gartman's 22 Rules of Trading, many of which you can apply to all sorts of life situations, as well as the markets. 
Every day, Dennis Gartman gets up at bout 2:30 AM and writes an information packed 4 page newsletter on the world markets, oil, currencies, commodities political happenings and much more. He is read by the major trading houses and traders all over the world, as they stumble bleary eyed into work, grabbing the Gartman Report to find out what happened as they slept and to get insight as to what the issues of the day will be, and suggestions on how to trade. Dennis puts his trades on public display and talks you through his logic. It is a most remarkable work, and I find it a key part of my struggle in trying to keep up with what is going on. I am always amazed when on the occasions I find myself in the office at an early hour to find Dennis' letter hit my inbox about 5:00 AM. His travel schedule makes mine look tame, and from wherever in the world he finds himself, he writes and sends his letter. And he still maintains a single digit handicap on the golf course. 
On the Friday after Thanksgiving, he publishes his "Rules of Trading," adding to them as wisdom increases. Here is today's list: 
1. Never, under any circumstance add to a losing position.... ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin! 
2. Trade like a mercenary guerrilla. We must fight on the winning side and be willing to change sides readily when one side has gained the upper hand. 
3. Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two. Holding to losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital. 
4. The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is "low." Nor can we know what price is "high." Always remember that sugar once fell from $1.25/lb to 2 cent/lb and seemed "cheap" many times along the way. 
5. In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many. 
6. "Markets can remain illogical longer than you or I can remain solvent," according to our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are enormously inefficient despite what the academics believe. 
7. Sell markets that show the greatest weakness, and buy those that show the greatest strength. Metaphorically, when bearish, throw your rocks into the wettest paper sack, for they break most readily. In bull markets, we need to ride upon the strongest winds... they shall carry us higher than shall lesser ones. 
8. Try to trade the first day of a gap, for gaps usually indicate violent new action. We have come to respect "gaps" in our nearly thirty years of watching markets; when they happen (especially in stocks) they are usually very important. 
9. Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In "good times," even errors are profitable; in "bad times" even the most well researched trades go awry. This is the nature of trading; accept it. 
10. To trade successfully, think like a fundamentalist; trade like a technician. It is imperative that we understand the fundamentals driving a trade, but also that we understand the market's technicals. When we do, then, and only then, can we or should we, trade. 
11. Respect "outside reversals" after extended bull or bear runs. Reversal days on the charts signal the final exhaustion of the bullish or bearish forces that drove the market previously. Respect them, and respect even more "weekly" and "monthly," reversals. 
12. Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance. 
13. Respect and embrace the very normal 50-62% retracements that take prices back to major trends. If a trade is missed, wait patiently for the market to retrace. Far more often than not, retracements happen... just as we are about to give up hope that they shall not. 
14. An understanding of mass psychology is often more important than an understanding of economics. Markets are driven by human beings making human errors and also making super-human insights. 
15. Establish initial positions on strength in bull markets and on weakness in bear markets. The first "addition" should also be added on strength as the market shows the trend to be working. Henceforth, subsequent additions are to be added on retracements. 
16. Bear markets are more violent than are bull markets and so also are their retracements. 
17. Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are "right" only 30% of the time, as long as our losses are small and our profits are large. 
18. The market is the sum total of the wisdom ... and the ignorance...of all of those who deal in it; and we dare not argue with the market's wisdom. If we learn nothing more than this we've learned much indeed. 
19. Do more of that which is working and less of that which is not: If a market is strong, buy more; if a market is weak, sell more. New highs are to be bought; new lows sold. 
20. The hard trade is the right trade: If it is easy to sell, don't; and if it is easy to buy, don't. Do the trade that is hard to do and that which the crowd finds objectionable. Peter Steidelmeyer taught us this twenty five years ago and it holds truer now than then. 
21. There is never one cockroach! This is the "winning" new rule submitted by our friend, Tom Powell. 
22. All rules are meant to be broken: The trick is knowing when... and how infrequently this rule may be invoked!)) 





#2381  Sticky Note what a masterful charting system mac...lowman said to mick 12/27/11 02:58:50 AM
#1357  Sticky Note DISCLAIMER : buyittradeit 03/18/11 04:47:18 PM
#812  Sticky Note The only constant variable in any situation is buyittradeit 11/05/10 07:33:09 AM
#3199   https://www.tropicaltidbits.com/sat/satlooper.php?region=atlpac-wide&product=wv- buyittradeit 09/14/18 06:27:39 AM
#3198   Wind map http://earth.nullschool.net/#current/wind/surface/level/orthographic=-3 buyittradeit 09/06/17 12:26:10 PM
#3197   https://earthquake.usgs.gov/earthquakes/map/#%7B%22autoUpdate%22%3A%5B%22autoUpdate%22%5D%2C%22basem buyittradeit 07/16/17 07:24:22 PM
#3196   https://volcanoes.usgs.gov/volcanoes/long_valley/ buyittradeit 07/16/17 07:21:07 PM
#3195   $VTMB volume is heavy, first volume then price. buyittradeit 08/17/16 10:58:44 AM
#3194   $VTMB $$$$$$$$$$$$$ buyittradeit 08/17/16 09:40:03 AM
#3193   $VTMB shorts are about to get hurt buyittradeit 08/16/16 10:28:34 AM
#3192   $VTMB light sells today but it did break buyittradeit 08/15/16 12:46:41 PM
#3191   When $VTMB drops some news this one will buyittradeit 08/15/16 09:12:39 AM
#3190   $VTMB great close Friday. Looking for a bigger buyittradeit 08/15/16 09:06:57 AM
#3189   $VTMB off we go into the wild blue yonder....:-} buyittradeit 08/12/16 02:50:08 PM
#3188   http://ih.advfn.com/p.php?pid=nmona&article=71640366 buyittradeit 06/03/16 04:13:24 AM
#3187   Wind map http://earth.nullschool.net/#current/wind/surface/level/orthographic=-3 buyittradeit 10/31/15 04:30:19 AM
#3186   #bluelivesnatter #dobetter https://www.facebook.com/105477983124317/videos/vb.10 buyittradeit 10/30/15 07:21:33 PM
#3185   #gregalia #bluelivesmatter #alllivesmatter this was close to home buyittradeit 10/01/15 12:16:42 AM
#3184   #test buyittradeit 09/18/15 09:32:36 PM
#3183   It just occured to me @OpFerguson @nikkihaley @Deray buyittradeit 07/08/15 09:04:30 AM
#3182   Hope everyone is enjoying their week. buyittradeit 07/08/15 08:12:10 AM
#3181   Hey @nikkihaley isn't the Sunkist a racist evil buyittradeit 07/08/15 08:09:28 AM
#3180   Hey @OpFerguson you going to run for a buyittradeit 07/08/15 08:06:51 AM
#3179   I'm still around I just don't come here often buyittradeit 05/06/15 01:49:48 PM
#3178   What if the news last Friday and this buyittradeit 11/06/14 11:26:42 AM
#3177   Looks like what one of the stocks I buyittradeit 11/01/14 10:52:16 AM
#3176   Rarely do I ever talk bad about a buyittradeit 09/25/14 12:50:01 PM
#3175   38.media.tumblr.com/4f515e6c6ec94a7dc57d15c130e22462/tumblr_nb4yl9MeVZ1rns0 buyittradeit 09/18/14 11:38:33 AM
#3174   i.kinja-img.com/gawker-media/image/upload/s--090zXbOS--/c_fit,fl_progressiv buyittradeit 09/18/14 10:44:53 AM
#3173   http://cyberbullying.us/cyberbullying-laws/ buyittradeit 05/07/14 02:16:24 PM
#3172   Good morning buyittradeit 04/29/14 08:50:27 AM
#3171   Bring me pudding.:-) buyittradeit 04/23/14 09:55:21 PM
#3170   :-) buyittradeit 03/16/14 08:20:33 AM
#3169   Fall Out Boy - My Songs Know What buyittradeit 03/14/14 07:36:13 PM
#3168   $VTMB drinkstomuch 03/10/14 11:43:43 AM
#3167   That is true:-) drinkstomuch 03/05/14 09:16:32 AM
#3166   watch for that very reasin it will be buyittradeit 03/04/14 04:04:56 PM
#3165   74000 now drinkstomuch 03/04/14 09:32:17 AM
#3164   good morning everyone drinkstomuch 03/04/14 08:55:50 AM
#3163   Cool thank you.:-) buyittradeit 03/03/14 10:52:34 PM
#3162   LMAO...nice bud! I will link it to homey_g 03/03/14 02:00:46 PM
#3161   Thanks and lets do it!! I actually fporgot buyittradeit 03/03/14 01:55:40 PM
#3160   GDSM...nice little tweet over the weekend to expect homey_g 03/03/14 01:53:05 PM
#3159   MRIB...looking for a break of 0.017, one final homey_g 03/03/14 01:52:36 PM
#3158   Nice board...let's wake this baby up with some plays! homey_g 03/03/14 01:51:50 PM
#3157   Good morning and thanks. buyittradeit 03/03/14 07:25:12 AM
#3156   Check around IHub there are a lot of drinkstomuch 03/02/14 08:02:56 PM
#3155   Look at TRTC and ELTP charts and what Drugdoctor 03/01/14 12:15:03 PM
#3154   Hey thanks! That makes sense. Only ~84 million TeamLannister 03/01/14 12:05:33 PM
#3153   No..... LVVV.13 has run, corrected, and now has Drugdoctor 03/01/14 11:38:39 AM
#3152   Oh wow that is pretty cool. Check out buyittradeit 02/28/14 09:34:11 PM
#3151   I know $LVVV makes energy chews that you TeamLannister 02/28/14 09:31:09 PM
#3150   $TTDZ and $PLPL ADDED thanks if you have buyittradeit 02/28/14 09:25:36 PM
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