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User - Profile - tothedeath   

User ID:tothedeath
Joined:11 yrs ago
Blog Score:1219
Fav Blogs:4
Fav Msgs:2
Logged In:1407 days ago
When:10 yrs ago
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Personal Description
Here to learn and share profitable ideas and dd.

I run my portfolio strictly for my own benefit. Follow me at your peril.

"An individual who wants to succeed against the giants must develop patience and eliminate greed. Remember, your goal is to trade well, not to trade often." -Elder Alexander

"The logical flaw of Efficient Market theory is that it equates knowledge with action. People may have knowledge, but the emotional pull of the crowd often leads them to trade irrationally." -Elder Alexander

"A price shock plants the seeds of an uptrend's reversal. Even if the market recovers and reaches a new high, bulls feel more skittish and bears become bolder. This lack of cohesion in the dominant group and optimism among its opponents makes the uptrend ready to reverse. Several technical indicators identify tops by tracing a pattern called bearish divergence. It occurs when prices reach a new high but the indicator reaches a lower high than it did on a previous rally. Bearish divergences mark the best shorting opportunities." -Elder Alexander

"To make money trading, you do not need to forecast the future. You have to extract information from the market and find out whether bulls or bears are in control. You need to measure the strength of the dominant market group and decide how likely the current trend is to continue. You need to practice conservative money management aimed at long-term survival and profit accumulation. You must observe how your mind works and avoid slipping into fear or greed. A trader who does all of this will succeed more than any forecaster." -Elder Alexander

"Opening prices are set by amateurs, whose orders accumulate overnight and hit the market in the morning. Closing prices are largely set by market professionals, who trade throughout the day. If prices closed higher than they opened, then market professionals were probably more bullish than amateurs. If prices closed lower than they opened, then market professionals were probably more bearish than amateurs." -Elder Alexander

"True breakouts are confirmed by heavy volume, while false breakouts tend to have light volume. True Breakouts are confirmed when technical indicators reach new extreme heights or lows in the direction of the trend, while false breakouts are often marked by divergences between prices and indicators." -Elder Alexander

Chart Analysis:
1. Longer the timeframe, the more important the trendline
2. Longer the trendline, the more valid it is
3. The more contacts between prices and trendline, the more valid that line.

Message Postings
ForumSymbolMessage Preview / SubjectDate (ET)
Anadys PharmaceuticalsANDSRe: Quit about this former favourite of Lion and the board. Trading sideways ...03/27/2010 20:01
Anadys PharmaceuticalsANDSRe: Notes from Rodman & Renshaw conference09/12/2009 17:17
Mesa Air GroupMESARe: Don't look...well its not as bad as when the germans bombed pearl harbor....09/11/2009 11:51
Wall Street PitANDSBrought down on LOW volume- we've seen this before. eom09/10/2009 14:57
Anadys PharmaceuticalsANDSRe: SAN DIEGO, Sept. 3 /PRNewswire-FirstCall/ -- Anadys Pharmaceuticals, Inc....09/09/2009 00:58
Anadys PharmaceuticalsANDSRe: Great story in the making with ANDS. HCV is an unmet need and WILL get t...09/09/2009 00:56
Wall Street PitRe: I'm looking to apply to some trading firms- I've already sent my resume t...09/08/2009 18:49
Wall Street PitRe: I'm looking to apply to some trading firms- I've already sent my resume t...09/08/2009 18:09
Wall Street PitRe: I'm looking to apply to some trading firms- I've already sent my resume t...09/05/2009 15:49
Wall Street PitRe: I'm looking to apply to some trading firms- I've already sent my resume t...09/05/2009 13:43
... See More (1 PC) ...

User Feedbacks
FromFeedbackDate (ET)
teflon4x (Rep: 415)Missed your calling as a comedic writer...bookmarked it for tef's return03/06/2009 17:16

Portfolio Transactions
SymbolStatusTypeBuy PriceBuy TimeSell PriceSell TimeTarget PriceTarget Time
RBYClosedBuy3.6009/03/2009 02:483.5709/09/2009 12:12--
DGPClosedBuy21.1509/02/2009 09:0722.4509/09/2009 12:12--
ANDSClosedBuy2.7409/01/2009 14:532.6604/05/2010 21:24--
DCTHClosedBuy3.5009/01/2009 03:453.3409/02/2009 11:38--
ARWRClosedBuy0.4908/30/2009 12:120.5409/08/2009 11:56--
... See More ...

Blog Submissions
Blog TitleSourceDate (ET)
Historical Market Charts 1929-1934, 1938, 2009alphatrends.net08/30/2009 17:53
Foreclosure Rates Arent Really That Higheconomix.blogs.nytimes.com03/02/2009 22:59
Merrill Lynch Predicts Gold To $1,150 By 19:44
Marc Faber- The Best Option Is To Do NothingYouTube11/26/2008 02:56

Favorite Posters' Messages
ForumSymbolMessage Preview / SubjectAuthorDate (ET)
Wall Street PitGMRe: GM to shut down 3 Mexican plantsRy557702/23/2009 22:55
Wall Street PitGERNfew ways to spot a fad in its infancy ....optionscalpers01/29/2009 19:45 | About Us | Agreement & Disclaimer | Privacy | Twitter
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