Mon 2/8/2016 16:11 ET
S&P 5001853.4426.321.42%BANKS20.420.522.53%OIL30.0086.402.88%Nikkei17004.30187.051.10%
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:3830
Fav Blogs:5
Fav Msgs:0
Logged In:Today
When:3 mons 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

"One of the most helpful things that anyone can learn is to give up trying to catch the last eighth- or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build concrete highways across the continent."- Jesse Livermore

Message Postings
ForumSymbolMessage Preview / SubjectDate (ET)
Wall Street PitQQQStrangle. 2/12 100/93 C's/P's. Let the resolution begin. eom02/08/2016 16:08
Wall Street PitQQQgreat. new programs. lol. Re: New Algo programming maybe, over-under shoot th...02/08/2016 15:16
Wall Street PitQQQTech showing strength. Strength to the downside. Why bounce it here when u ca...02/08/2016 14:49
Wall Street PitQQQbounceless so far with lod on tap. eom02/08/2016 14:14
Wall Street PitQQQgot a breakdown of triple support. RSI below 30 w/ QQQ sitting at lod. tech d...02/08/2016 13:57
Wall Street PitQQQReverse parabolic. Multiple days of 4+% losses on some tech. eom02/08/2016 13:38
Wall Street PitIf u bought at 7, u bought a really long time ago. lol. Re: Well, I bought at...02/08/2016 13:12
Wall Street PitTSLAwhat the heck! why didn't u tell me it was gonna be at least a 14 bagger. lol...02/08/2016 13:09
Wall Street Pit9 to 50 to 9 to 30. talk about a wild ride if it happens. Re: Sit on hands. ...02/08/2016 13:08
Wall Street PitGLDworking the jackal bad juju. lol. Re: Ashes to Ashes, dust to dust, we curse ...02/08/2016 12:41
... See More (1 PC) ...

User Feedbacks
FromFeedbackDate (ET)
dmccoy (Rep: 663)Thanks Man ---- 02/02/2016 11:16
dmccoy (Rep: 663)We Love FB , kicking off 2016 in a big way02/01/2016 16:18
msgreenacres (Rep: 404)HAPPY HOLIDAYS NINJA!12/18/2015 12:59
arthurking (Rep: 48)King of TSLA, thanks ,12/01/2015 15:42
arthurking (Rep: 48)LNKD WOWWW..11/03/2015 14:54
... 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.