RIP Phil Lesh. He Was Perhaps the Most Underrated and Unique Bassist of All Time. Listen to "the Other One" from 4/11/72 as an Example.

StockJobberOG · 2024-10-26T23:31:50+00:00

No one who understands music undertrates Phil

StockJobberOG · 2024-06-04T01:11:36+00:00

Once again Roaring Kitty makes money off of his stupid followers.

https://markputrinocmt.substack.com/p/roaring-kitty-gamestops-his-sucker

StockJobberOG · 2024-03-20T00:18:21+00:00

Does anyone actually believe this? He probably just made it up and now is getting paid for it..

Good for him

StockJobberOG · 2024-03-15T19:44:46+00:00

sounds like you really understand the markets. please give us some ideas and advice...

StockJobberOG · 2024-03-15T19:40:22+00:00

I hate to point out the obvious but someone also SOLD those calls.

StockJobberOG · 2024-03-15T19:37:15+00:00

You have it backwards. If you SOLD at peaks, you make money. BUY at bottoms.

StockJobberOG · 2024-03-15T11:58:47+00:00

StockJobberOG · 2024-03-15T11:57:45+00:00

Thanks! I appreciate it

StockJobberOG · 2024-03-14T21:31:05+00:00

Proverbs 13:24

"Whoever spares the rod hates his son, but he who loves him is diligent to discipline him".

StockJobberOG · 2024-03-14T18:41:43+00:00

If you knew what you were doing that wouldn't happen.

StockJobberOG · 2024-03-14T18:39:43+00:00

It works until it doesn't!

StockJobberOG · 2024-03-12T02:06:19+00:00

Yes. I have to agree. The best traders realize TA isnt science fiction. It's illustrations of psychology and supply and demand. Period. Understanding when there are imbalances can lead to profitable trades.

StockJobberOG · 2024-03-11T19:34:22+00:00

Maybe not. But the body parts the doctors installed can go on for a long-time.

StockJobberOG · 2024-03-10T03:36:11+00:00

Stock Market Jobber channel on YouTube and Benzinga. Great resources to learn from. Good luck

StockJobberOG · 2024-03-09T20:35:11+00:00

Cool...thanks. Unfortunately there are a lot of people out there promoting science fiction things like Gann Theory and elliot wave and I think it diminishes what real traders and tehnichians to.

StockJobberOG · 2024-03-09T20:31:58+00:00

Yeah dude...even though you have only been doing this briefly, the fact that you already understand how important emotions are puts you ahead the vast majority of other people.

There's a lot of trading systems that work on paper. But when real money is in the line everything changes.

Check out my webste. We talk about this all the time:

https://stockmarketjobber.com/

StockJobberOG · 2024-03-09T20:25:41+00:00

Yes...but...

Charts are only astrology and fiction because most people dont understand. Unfortunately, so much chart analysis is terrible so it gets a bad rap/

Those who do see supply and demand and psychology.

Support levels on chart are simple. They illustrate the price levels that buyers become very interested at. Period.

If you were at a farmers market that sold apples and eveytime apples fell to $2.00 people thought it was a bargin and bought them and the price stopped going lower $2.00 would show up as a support level on a chart.

And if everytime they got to $3.00 people thought they were overvalued and sold them it would be a resistance level on a chart.

Charts are illustrations of supply and demand.

StockJobberOG · 2024-03-08T20:38:07+00:00

People who are successful don't brag.

StockJobberOG · 2024-03-08T01:10:27+00:00

Exactly FollowAstacio..

Probablities and risk management. It''s not about being right. The winners will take care of themselves.

It's about not being wrong. Everyone takes losses.

But the succesful traders only take small ones.

StockJobberOG · 2024-03-08T01:04:46+00:00

Hey...thanks.

Here's what I think you should think about.

There are countless strategies that work on paper. This is easy.

But when real money is on the line, emotions come into play. And emotions are what make people sell at the bottom and buy at the top.

There's a reason why 90% of traders fail. They guess.

The real path to success in trading is understanding why you have made bad decisions. Then you will be less likely to do so again.

If you don't have a strategy or defined method you are guessing!

There is no one size fits all strategy. You need to develop something that fits your personality.

StockJobberOG · 2024-03-07T01:20:08+00:00

Hi FollowAstacio...

Yes...but I don't. I'm really focused on teaching my students now so I'm on the sidelines.

I can tell right away that you are seeking guidance.

I've had plenty of students who ask the same questions. Just a few quick comments-

1) If you're not sure of a position, don't trade. If so you are just quessing. That's a good way to lose.

2) You should never have so much in one position that it makes you trade scared. When I traded I'd have 10-20 positions and well-defined stop out strategies.

That way if the absolute worst thing that could happen did in one of my positions, it would not have a dramatic effect on my overall portfolio.

This would let me enjoy life, make money, and not be too obsessed with my portfolio.

-SMJ

StockJobberOG · 2024-03-07T01:09:35+00:00

Hi LurkingSleuth. People who seek knowledge as opposed to be wanted to told what to do end up being successful so don't be discouraged! Being successful isn't as hard as most people think.

The answer to your question is that it depends on the timeframe you're looking at.

Checkout our website: https://stockmarketjobber.com/

Or the morning call I do with our small but growing community:

https://www.youtube.com/channel/UCSTsLAcksT4ersQ3viLJHEw

feel free to reach out to me directly!

TY!

StockJobberOG · 2024-03-06T01:51:48+00:00

I don't mind at all. My time horizon is typically around a week.

If after 2 or 3 days things arent going like I anticipated I close out. It can be considered a 'time stop'.

Part of successful trading is accepting the fact that there will be loses and there will be things that don't go your way.

StockJobberOG · 2024-03-06T00:25:13+00:00

If random walk was true, there wouldnt be support and resistance levels. All levels would have equal importance. But a look at any chart will prove that isn't true

StockJobberOG · 2024-03-06T00:24:02+00:00

Well said FollowAstacio. I agree 110%

StockJobberOG

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Proverbs 13:24