Matt, your response to ruidoso was a great post.  I've been here since about 2007?  I probably fucked up a lot at first.  It took years to develop the discipline to even take the KISS trades, for example.  I understand how ruidoso feels(emotion).

    Yesterday I lost almost $40k.  I didn't watch the market closely yesterday, as I always do, because, I have the STS stops in place.  

    So, I tell myself don't panic sell.  Worst case, I lose a bunch of unrealized gains (hahaha) but, I don't get wiped out because, I have STS.   

    Today the sunshine came back out.

    I wrote a few weeks back to MATT that, "I love to KISS."  I got taken out of a bunch of positions in that big correction and lost a bunch of unrealized gain.  But, I still made a bunch of money on all of my KISS trades because, I had the STS in place. 

     When I got home from work I saw I was stopped out!!!  But, I slept well at night for months on these positions because, I knew I wouldn't take a loss because of STS.  Just like yesterday's big down day was an emotional day, but, I stayed frosty.

    And, let me tell you, I so wanted to sell yesterday - fear.

    In conclusion, it is hard to be a killer.  Every morning I get up before the market opens here on the West Coast and play, Welcome to the Jungle(great song).  It reminds me I'm not a killer I'm in the jungle and I have to stay frosty.

    Auni





    finally got back!   Thanks auni

    Posted by matt on 23rd of Aug 2024 at 03:48 pm

    finally got back!  

    Thanks auni for the comments.

    Actually I speed read his post and missed the point where he was complaining about the ES levels instead?  To me that's so dumb, and ridiculous. Steve has been posting those ES levels for a while. I thought I did folks a favor by posting the Twitter link where Steve gets those so that folks can get them on their own.  It's busy work every day for me to go there and see what the guy posts, then updated that sticky post. I don't personally use them because I don't know exactly how he generates them. I assume he's getting them from the volume by price profile but I don't know the details. I also don't like relying on 3rd party stuff like that because what happens if the person goes away and stops posting them etc. I like things that I make on my own - I like my TICK SPX levels, systems, and supply/demand zones

    Also - okay so you trade ES futures, that's why you are here.  Okay then I assume you've been taking the SPY and ES systems trades?? If you have not, why not?  I send out trade alerts specifically for ES futures for the mean reversion systems, they have done very well, so if you have not been following those, why not, you are here for ES. And you can substitute ES in place of the SPY signals. 

    Also - I'm not in a good mood, I just got back from the funeral of a 12 year girl, that was closed casket because the ATV fell on her head and was not able to show her.  I had to see her mom and grandparents breaking down etc.  So I'm a bit annoyed about having to deal with someone complaining that I didn't update the ES sticky levels, when I provided the link for it to get on your own

    anyway today's almost done thank god

    Thank you

    Posted by ruidoso on 23rd of Aug 2024 at 04:19 pm

    Thank you

    And then you listen to

    Posted by mastermind on 23rd of Aug 2024 at 02:53 pm

    And then you listen to the Jim Rome show and hear Welcome to the Jungle again?

    Jim Rome?   I've been listening

    Posted by auni on 23rd of Aug 2024 at 05:19 pm

    Jim Rome?  

    I've been listening to Welcome to Jungle in the morning from sometime around early 2000.  How long has Jim what's his nose  been around? I really don't know and I Googled him and still don't know.  

    I've been trading gold and such from 1979... was Jim even born?

    nice! a long term 'Gold

    Posted by matt on 23rd of Aug 2024 at 09:06 pm

    nice! a long term 'Gold Bug' LOL.  

    I can can see gold longer term going to at least 3000 an ounce but 5000 would not surprise me

    Silver - I think it eventually exceeds the $50 highs that it hit in 1980 and 2011, the next time it gets up there I think it eventually takes that out. Maybe 75 silver one day? 

    Jim has been on the

    Posted by jimmytheshoer on 23rd of Aug 2024 at 05:48 pm

    Jim has been on the radio since 1994 at least in California. I won both his Big Call of The Day and Big Fax of The Day in the 90's. Got a free shirt once and then got to shoot a puck on him at a Kings game the other time. Even though he had zero respect for Horseracing, after being introduced to the sport he instantly became a fan and horse owner. He has had pretty good success in the sport and often talks about his horses on his shows from what I'm told. 

    I'm confused... does Jim have

    Posted by auni on 23rd of Aug 2024 at 06:09 pm

    I'm confused... does Jim have anything to do with stock trading.  I'll admit Axil Rose doesn't either but, in context his song does, for me anyway.  We are way off in the weeds now, but fun.  :)

    Welcome to the Jungle is

    Posted by mastermind on 23rd of Aug 2024 at 07:44 pm

    Welcome to the Jungle is one of his bumper songs. Played once a day during his show. The Jungle is one of the nicknames for his show.

    Did you not post this

    Posted by jimmytheshoer on 23rd of Aug 2024 at 06:34 pm

    Did you not post this question????   "How long has Jim what's his nose  been around? I really don't know and I Googled him and still don't know."  

    AMEN Auni

    Posted by kaap on 23rd of Aug 2024 at 02:18 pm

    AMEN Auni

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