Sat 11/28/2015 09:50 ET
S&P 5002090.111.250.06%BANKS24.580.060.24%OIL41.71128.883.09%Nikkei19865.4779.460.40%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
User - Profile - ninjaninja   

User ID:ninjaninja
Joined:6 yrs ago
Blog Score:3820
Fav Blogs:5
Fav Msgs:0
Logged In:Today
When:33 days ago
User Interaction:
Options, Trend, Momentum, Probabilities
Forum Host:
Forum Cohost:
Forum Guru:
Has this user helped you? Please consider giving him or her a feedback or reward here as a token of your gratitude.
Personal Description

“The less I cared about whether or not I was wrong, the clearer things became, making it much easier to move in and out of positions, cutting my losses short to make myself mentally available to take the next opportunity.” -Mark Douglas

“You need to ‘change your thinking’. The goal is to reach a ‘care-free state of mind’. When a pattern presents itself, don’t think. There’s nothing to think about. Take the trade because you have an edge. Then odds, probability and your risk control mechanisms will take care of everything. In the end, the key is to learn more about yourself. The most important lesson though is the importance of viewing every single trade as being part of a series of trades.” -Mark Douglas

"In a narrow market when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be- up or down. The thing to do is watch the market, read the tape to determine the limits of the get-nowhere prices, and make up your mind that you will not take up interest until the price breaks through the limit in either direction- Jesse Livermore

"When I put on a trade, all I expect is that something will happen."- Mark Douglas

"It seems the best trades are the small ones you don't care about. In that case, make them all small and let the power of options do its thing."

"When dealing with options, using stops take you out of the trade entirely. You never really know what the market will give you on any given day. If one assumes a 100% loss right from the start, and sizes their position appropriately, you can let the position expire painlessly but still have a position to take advantage of if something crazy happens within your option timeframe."

"Despite your best efforts, you never really know which edges are going to work and which aren't so stop trying to predict outcomes. By taking every edge, you increase your sample size of trades, which in turn gives whatever edge you are using ample opportunity to play itself out in your favor, just like the casinos."- Mark Douglas

Message Postings
ForumSymbolMessage Preview / SubjectDate (ET)
Wall Street PitFITNoticing more and more companies give Fitbits to their employees. Gotta think...11/27/2015 22:12
Wall Street PitAMZNsweet. Re: doesnt really bode well for holiday sales imo eom11/27/2015 19:40
Wall Street PitDISESPN Layoffs, And Potential Star Wars Overload, Is Hurting Disney11/27/2015 10:49
Wall Street PitDISgrabbed some C's but want to watch more to see how this plays out.Re: Might l...11/27/2015 10:02
Wall Street PitDISu still thinking 125-130 by star wars? Don't think it's been played out yet? ...11/27/2015 09:27
Wall Street PitDISSaw something about ESPN subscribers. Re: Looks like large pull back on open.11/27/2015 08:42
Wall Street PitI prefer Antifragile. =) Re: Trading plan. Your account is more than suffic...11/26/2015 12:43
Wall Street PitHow long have you been trading? Do you have your trading plan, risk managemen...11/25/2015 21:14
Wall Street PitNKENKE Nov 27 2015 135.00 Call eom11/25/2015 13:08
Wall Street PitHave a Happy Thanksgiving everyone! eom11/25/2015 12:09
... See More (1 PC) ...

User Feedbacks
FromFeedbackDate (ET)
arthurking (Rep: 45)LNKD WOWWW..11/03/2015 14:54
luvb2b (Rep: 1813)legendary on baba off amazon eps10/27/2015 08:08
PHENDERSON (Rep: 6)great play on baba off amzn!!10/23/2015 14:39
arthurking (Rep: 45)Amazing calls , thanks ninja.... Woow10/24/2015 08:41
dmccoy (Rep: 654)way to use your stops09/28/2015 10:49
... See More ...

Portfolio Transactions
SymbolStatusTypeBuy PriceBuy TimeSell PriceSell TimeTarget PriceTarget Time
No portfolio transactions found.

Blog Submissions
Blog TitleSourceDate (ET)
Up 2.5% If It Wasn't For The Strength Of The Dollare Which Doeskitco.com08/04/2011 10:50
Wow. Pm Strength. Hidden By Dollar Goin Up.kitco.com04/18/2011 12:46
Silver Price To Squeeze Jpm... Interesting Article.San Francisco Chronicle12/07/2010 08:36
Arena Pharmaceuticals Announces Phase 1 Results For Apd916 For Yahoo! Finance10/20/2010 08:21
Wacky Tabacky!! Us Court Rejects Tobacco Case AppealsReuters06/28/2010 10:20

Favorite Posters' Messages
ForumSymbolMessage Preview / SubjectAuthorDate (ET)
No favorite posters' messages found. | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999-, Inc.