2nd Year of an Even Decade ... Best time to Buy?

[Yodean]

Indicators work better for oversold than overbought.

yep, that's my general line of thinking, as well ... to maybe extend it further in another direction, my sense is that sentiment measures, however modified or "manipulated," work a lot better at calling bottoms (or bottoming action) than tops, as this year was a great example;

calling tops and bottoms are both difficult, but i think somewhat different approaches may work better for each;

for bottoming action, sentiment measures aren't terrible;

for topping action, valuation levels & COT data may be a bit more helpful, from all the research I have been doing;

well, we don't need to worry about "topping" action currently ... bulls have been slaughtered this year ... so my focus is on bottoming action and the subsequent rally, for which sentiment measures are kind of "okay," manipulated or not;

[SOL]

Indicators work better for oversold than overbought.

Most recent oversold in DIA would indicate counter move soon although only confirmed by IDU's RSI(?) not MACD.

Last move, major divergence between price and indicators.

When indicators/price don't behave as they indicate, look to the longer cycle effect.

To some degree, you are right. There is a special topping formation that needs to take shape when it comes to predicting tops. However, every 12 years or so that pattern is violated but in between it works out quite well. Bottoming is easier to a degree because people give into fear faster than they fall out of love with greed.

For topping action, the indicators need to be in the extreme ranges and bullish sentiment needs to be insane.



In the future, we plan on opening an advanced section here, which will be by invite only. As I don't want to spoon anyone in that section. In this section, I will post images of the above formation and other stuff. But this section will only start, after all the new changes have been implemented in the MU

[LoriPrecisely]

In the future, we plan on opening an advanced section here, which will be by invite only. As I don't want to spoon anyone in that section. In this section, I will post images of the above formation and other stuff. But this section will only start, after all the new changes have been implemented in the MU

So, a clique inside the group. That is lovely.
Every one of your subscribers can read this post.
I find it offensive.
I think you have made it abundantly clear that you don't like to be questioned.
I have noticed that whenever someone asks you a question for clarity,
you oftentimes say you will stop posting or that you will post less.

[bpcw]

In the future, we plan on opening an advanced section here, which will be by invite only. As I don't want to spoon anyone in that section. In this section, I will post images of the above formation and other stuff. But this section will only start, after all the new changes have been implemented in the MU

So, a clique inside the group. That is lovely.
Every one of your subscribers can read this post.
I find it offensive.
I think you have made it abundantly clear that you don't like to be questioned.
I have noticed that whenever someone asks you a question for clarity,
you oftentimes say you will stop posting or that you will post less.

I think the idea is that for those who are at an advanced level and process more detailed and broader data and TA well, it would be a benefit but for those who are better off processing less information it will only confuse and lead to numerous more questions, separating this section would allow those who it will benefit to share information without distracting less advanced users.

I consider myself in the latter and would take no offense in not being invited. Remember the forum itself is an additional free service that you are not paying for.

You probably need to take things less personally, too much emotional reactions is not good for trading or life.

Sol stating he might stop posting is because it appears to be confusing rather than helping, but he has answered questions continually since starting the forum, even more so if asked in a right manner.

[chippermon]

In the future, we plan on opening an advanced section here, which will be by invite only. As I don't want to spoon anyone in that section. In this section, I will post images of the above formation and other stuff. But this section will only start, after all the new changes have been implemented in the MU

So, a clique inside the group. That is lovely.
Every one of your subscribers can read this post.
I find it offensive.
I think you have made it abundantly clear that you don't like to be questioned.
I have noticed that whenever someone asks you a question for clarity,
you oftentimes say you will stop posting or that you will post less.

I don't know. I get where he is coming from. How much time does a guy have to train everyone to be a better trader. Way too much work. It's got to be cutting into his time required to assess stock plays. Which affects the overall value of the service. It's not the point of the forum to hold everyone's hand all the time.

I think some questions just ask too much of him.

[MarkD]

It truly doesn't bother me if I don't get invited to a private topic of discussion. Sol can just open a different web site and still pursue this path without our knowledge. On the surface this sounds like an approach which is unfair but I doubt many of us would be able to comprehend some of the subtlety Sol and company will share.

There's already of ton of work capturing the essence of the newsletters.

Personally, I was happy before the latest revisions. Carry on.

[SOL]

In the future, we plan on opening an advanced section here, which will be by invite only. As I don't want to spoon anyone in that section. In this section, I will post images of the above formation and other stuff. But this section will only start, after all the new changes have been implemented in the MU

So, a clique inside the group. That is lovely.
Every one of your subscribers can read this post.
I find it offensive.
I think you have made it abundantly clear that you don't like to be questioned.
I have noticed that whenever someone asks you a question for clarity,
you oftentimes say you will stop posting or that you will post less.

If you read the post and any other posts clearly, you will see that those comments are usually made in reference to having to answer numerous questions after posting bonus data. The bonus info was posted with the understanding that the individual is an advanced trader. I simply don't have the time to answer questions related to an advanced topic. There are many places where one can learn that stuff. Anything directly related to the service I have always answered or am willing to answer and provide clarification

All I am asking is that those that want to advance their skills put some effort into it. If this were a training service, then I would be in a position to answer every question as long as I was doing nothing else. I hope that clarifies the issue.

[SOL]

Further clarification on the advanced section.

I could have just kept quiet about it, and no one would have known; this board has a feature where only specific individuals could see such a section. The rest would not even know that such a section existed. I chose to mention it for many reasons, one being that as individuals progressed, they would be invited to the advanced section.

Here is an example I might post a chart and say there are multiple positive divergences on the chart. After each event, the markets rallied strongly. Several positive divergences could occur if the pattern remains unchanged and produce a similar effect. I would add nothing more.

Now, if you did not know what a positive divergence was? You would ask what is this?
If you did not see the positive divergence? You might ask where is it? I don't see it.

You might not know what an Intermarket positive divergence is, then you might be tempted to ask what this is, and the list goes on and on. So now, I am suddenly swamped with more work for posting some bonus extra information that I did not have to.

And if one is not invited immediately, it does not mean that person won't be invited later on.

The main criteria will be:

Having the ability to think independently and be willing to go and put in the effort necessary to expand one's knowledge on topics one does not understand

Those invited to this section are free to share the information provided they are willing to answer any questions that follow.

Lastly, this is not something that is going to happen overnight.

[bpcw]

One of the criteria for low maturity - you must have very high expectations of other's and take very little responsibility for self!

[LoriPrecisely]

If you read the post and any other posts clearly, you will see that those comments are usually made in reference to having to answer numerous questions after posting bonus data. The bonus info was posted with the understanding that the individual is an advanced trader. I simply don't have the time to answer questions related to an advanced topic. There are many places where one can learn that stuff. Anything directly related to the service I have always answered or am willing to answer and provide clarification

All I am asking is that those that want to advance their skills put some effort into it. If this were a training service, then I would be in a position to answer every question as long as I was doing nothing else. I hope that clarifies the issue.

I know, in the beginning, I was asking for more details when you introduced me to options, but most of the questions I see on the forum are asking for clarification on the Updates.
I have been investing many hours into learning about different option strategies and technical indicators. I appreciate your influence, and everyone's contribution on this forum, for moving me in a good direction.
You all offer so much treasure, I hate to see you move into a private group where those of us that are trying to get even remotely close to where you advanced players are, will be shut out from the advanced conversation.
I know this is not a teaching service, per se, but there is a wealth of knowledge and skill here. I also understand the limit on your time. Maybe, someone else can answer certain topics of questions, as they occasionally do now.
This is a great group, and rather than separate the children into different classrooms, how about we keep the one-room schoolhouse affect so I can learn from y'all?

[AstuteShift]

It will take most 5 years to get advanced at trading, also losing money is the best teacher

Most unfortunately, not to be condescending or rude, should just be in index funds.

If you don’t have the drive to really study your weaknesses then you will never really achieve anything

Even if you do, if you don’t understand sentiment, market forces, and how this Ponzi scheme operates then you will likely give up also

The market updates alone has great wisdom. All great investors say the same thing with different styles

SOL, nor anyone else has any obligation to train anyone. It’s a SOLO act always

[SOL]

I know, in the beginning, I was asking for more details when you introduced me to options, but most of the questions I see on the forum are asking for clarification on the Updates.
I have been investing many hours into learning about different option strategies and technical indicators. I appreciate your influence, and everyone's contribution on this forum, for moving me in a good direction.
You all offer so much treasure, I hate to see you move into a private group where those of us that are trying to get even remotely close to where you advanced players are, will be shut out from the advanced conversation.
I know this is not a teaching service, per se, but there is a wealth of knowledge and skill here. I also understand the limit on your time. Maybe, someone else can answer certain topics of questions, as they occasionally do now.
This is a great group, and rather than separate the children into different classrooms, how about we keep the one-room schoolhouse affect so I can learn from y'all?

I actually tried that at the beginning. I posted some semi-complex topics, and the questions just kept coming here or via emails. It's not that I don't want to help. It comes down to time. If I start to go over a certain threshold, then I will have less time to allocate to the actual service, and that would be doing subscribers a disservice.

As Astute and others pointed out, investing is a SOLO act. Most of the stuff I learned was from observation and not from reading books or watching Youtube videos. I learnt what I should not do from reading books and watching videos. This is why when I am asked what is the best book to read when it comes to investing. It's Aesop's fables. If you combine this with a trading journal, then its the best possible combo out there.

[SOL]

To become an advanced trader, these are the bare minimum requirements

1) Experience and survive at least one gut-wrenching correction.
2 Maintain a detailed journal; without this, you will learn nothing. You have to understand who you are regarding the markets. In other words, what emotions drive you and how emotional are you as a trader? You can read every book in the universe, and it won't compare with your personal journal.
3) Read as many books as possible that cover the topic of MP. Start with Aesop's fables and work your way up
4) Never trade on Margin until you have control of your emotions. Control does not mean holding them back but seeing the emotion in action and then taking a different route. When you see a particular emotion starting to assert control, you have a few seconds (usually milliseconds) to knock it out. If you try to control it, it will break free one day, and the results will not be pretty. This statement is somewhat advanced. So those that can figure it out, kudos to you.
5) Understand that you will lose some battles, but as long as you win the war, that is all that counts
6) Lastly, if you think something is too easy, then Murphy's law will kick in, and something will go wrong. Investing is not easy; if it were, everyone would be rich. Well, it can be easy, but individuals don't want to focus on the above factors; they want to read, watch videos and assume that after allocating X amount of time, they are ready for war.


If everything is done perfectly, one may hit the advanced level in three years, but that is a big maybe. Usually, it takes more time, say 51 to 60 months.

Being an advanced trader has nothing to do with book knowledge or just using someone else's knowledge. An advanced trader more or less understands what emotions drive him or her and then makes the necessary adjustments to deal with those emotions. It comes down to customization. You customize trading systems to suit your needs. In other words investing is finding out who you are. many investors are shocked to discover that they are not risk takers only when SHTF; until then, they keep telling themselves and the world they can deal with risk.

Maybe we will take a vote and see what people say. But providing advanced info to novice traders will only confuse them. MP is why I am in the markets; TA is just for fine-tuning things. I already posted several ideas, and from an MP perspective, all the novices were confused. Even when I tried to respond, the answers were not enough.

Anyway, as I stated before, this will not be done tomorrow. Other things need to be done and completed first.

[bpcw]

By the way, not saying Plato didn't give us anything, he gave us some great stuff but I wouldn't trust a man who has a philosophy of discarding the weak.

[SOL]

By the way, not saying Plato didn't give us anything, he gave us some great stuff but I wouldn't trust a man who has a philosophy of discarding the weak.

I bet some would disagree, some would say the slogan survival of the fittest applies. What do i say, well i prefer to observe as no matter what anyone say's the outcome cannot be changed by words