Thread: userque's Account talk

LOL... is that the sign of a top?

Originally Posted by tsptalk

LOL... is that the sign of a top?

I would say so.

Money manager suing online troll to end ‘malicious’ rants
Money manager suing online troll to end ?malicious? rants | New York Post

"Brett Hickey is going troll hunting.

The 38-year-old Manhattan money manager, his firm for months the subject of “malicious” and “reckless” online smears by an unidentified person or persons, last month decided enough is enough.


So Hickey sued the unidentified troll.

..."

The Highly Irrelevant 50-Day Moving Average
The Highly Irrelevant 50-Day Moving Average | Price Action Lab Blog

"The Nasdaq 100 fell below its 50-day moving average yesterday as it became evident from the immediate response in social media and financial blogosphere. But they were talking about a highly irrelevant indicator.

..."

Retail Stock Trading Is Dying Due To Low Volatility
Retail Stock Trading Is Dying Due To Low Volatility | Price Action Lab Blog

"The low volatility phenomenon in the equity markets is the result of explosive growth in passive investing after a prolonged and continuing central bank manipulation of prices in conjunction with a decline in retail trader population. It is hard for traders to compete in a market that lacks an unbiased price discovery mechanism.



The low volatility phenomenon will persist until there is a significant correction. ...

..."

Just Follow The System
Just Follow The System | Price Action Lab Blog

"It is paradoxical but investor anxiety rises near all-time highs. This may have to do with cognitive biases and specifically hyperbolic discounting, i.e., the tendency to want an immediate payoff. At the same time, when markets are rallying, there is scarcity of bearish signals. There is a solution out if this conundrum: follow the system and if you do not have one it’s time to get one.

..."

Use Algos to Fight The Algos
Use Algos to Fight The Algos | Price Action Lab Blog

"Every trader’s resolution for this year should include a transition to a mode of operation that is compatible with current market environment. Among other things, this includes abandoning random discretionary trading and adopting a systematic framework. When human traders start a fight with algos, chances of winning are slim. I offer some basic guidelines for this transition.



Trading is getting harder every year. ...

..."

End Of Discretionary Trading Era
End Of Discretionary Trading Era | Price Action Lab Blog

"As far as I am concerned, this year marks the end of discretionary trading. Although this is done on a positive note for this blog, it is clear that discretionary trading, especially the type that is based on classical technical analysis, is dead in a market dominated by algos and hedge funds using machine learning.

..."

RSI Indicator Levels Are Irrelevant For Timeframes Longer Than A Couple Of Days
RSI Indicator Levels Are Irrelevant For Timeframes Longer Than A Couple Of Days | Price Action Lab Blog

"Changes in Relative Strength Index (RSI) have low correlation with changes in price for timeframes longer than two days. This relationship is highly robust for four major ETFs. The conclusion is that only very short-term traders should look at the RSI.

..."

"If markets behaved rationally.... everyone who made "A's" in high school would be a millionaire".
-CNBC guest commentator

Amazon engineer will let strangers on the internet manage his $50,000 stock portfolio 'forever'
Amazon engineer will let strangers manage his portfolio 'forever'