Friday, December 9, 2011
Wednesday, December 7, 2011
December 7th, 2011: A Nice Comeback Trading Day Today
Hello Traders,Today marked a nice comeback on my trading account. I felt at ease and relaxed for the first time in over 4 years. I have made a lot of strides as a trader by running a live trading room over this time period. It was a nice experience to simply have some music on and me and my thoughts on trading without having to talk about them.
I have decided to upload this trading day with all supporting documentation to Rapid Share for your review at your leisure. It's good to be back to my natural more private environment. I forgot just how much I like my privacy as a trader.
If you are a life time member of the Knights of the Round Table please feel free to contact me, I have not gone away just going to a more private environment. We will figure out a way to get you trained. This is my total commitment to your overall success as a trader.
I am thinking private one on one coaching calls right now with my charts and set you up, etc. You will notice that I have held a lot back from the trading room environment because I didn't want people to know all my trading secrets.
Good Trading,
David 'Tiger' Knight
P.S. Download Links for Today's Trading:
Trading Video: https://rapidshare.com/files/1578256925/7_December_2011_TCB_Crude_Oil_Live_Trading.mp4
Notes on Today's Tiger Trading:
Charts:
Tuesday, December 6, 2011
Beware PROS at WORK!
Hello Trader,
This trading chart is from November 28th, 2011 ... beware PROS at WORK!! When you see a volume spike ... it will look like a skyscraper as tall as the Sears Tower in Chicago! They can't hide this kind of Volume from Smart Traders that are looking for it.
David
Pro Money at Work! This is what I was fighting on my short!
Dear Trader,
As I move from being a paid service, back to a free service that simply gives trading advice without charging for it. Here is a chart that I found interesting the other day ... it sent me on a search to figure out what was going on.
I know about the "smart money" and the "Pros" at work, but here clear as day is the PROS coming into the market with the high volume spike bar.
Do you think they want to see the market go under $100 per barrel now? It will be a fight from this point forward until we see a high spike bar on the other side to match this kind of spike in volume.
Good Trading,
David 'Tiger' Knight
Monday, December 5, 2011
Could this be a Coincidence? I THINK NOT!!
Hello Traders,
Sometimes the best laid plans are for naught … you can have the right trade setup, and the proper entry signal. You can be trading with the overall trend of the market. In other words, all GREEN lights are GREEN, and still find yourself at a loss on the trade.
There is nothing wrong with your trading strategy. What this means, is you are either wrong in the timing of the trade, or simply wrong about your trading decision. More times than not, you will find yourself on the wrong side of the trade, because your timing was off, than simply wrong about the direction of the overall trend.
The market has a way of doing whatever it wants to do. What we can do as traders is simply go with the overall odds, and keep us in the game. We never want to risk everything we have on any given trade.
As a small account trader, your number one job is always the same … it’s about SURVIVAL! Did I trade poorly today? Was I the GREATER FOOL? Why?
The market operates under the premise of the GREATER FOOL theory. Any financial instrument is only worth what a person is willing to pay for it, or lack thereof. As I think about my trading today, where I was able to trade 2 contracts, but lost on both trades to the tune of $1,604. What made me think for any part of the day that I was smarter than the market?
Terms from Richard Wyckoff … Jumping the CREEK and Coming Back to ICE! I NEED to be aware at all times as a day trader to determine the CREEK and where to determine the ICE! This is a trading concept that will not take any more of my money. I should have a tight stop in place when the market is breaking out to NEW HIGHS or NEW LOWS.
I need to make sure and determine for my own eyes the market is making HIGHER HIGHS for a LONG position. On the contrary, I need to determine with my own eyes the market is making LOWER LOWS for a SHORT position.
If the market is in the middle, then I should have my stop a lot closer to the market. I had a lot of time to get out of the market today at the 102.17 level after it failed, and I should not have entered again as it was approaching the CREEK … in this case the CREEK was the Previous Day High … that could have become ICE if held … or simply a barrier to LOWER PRICES if it did not HOLD.
Today I was the GREATER FOOL! Never again will this happen in my trading!!
Good Trading,
David 'Tiger' Knight
Saturday, December 3, 2011
Monday, November 28, 2011
November 28th, 2011: Low Eminent in Crude Oil?
Hello Traders,
As I look over today's trading in the Crude Oil Market .... was there one specific time the "Smart Money" was at play?
I would argue around 12:30PM Eastern time today ... VOLUME spiked higher than I saw it on the trading day ... this could only be the Smart Money covering SHORTs and starting to go LONG at this point.
It looks like it took about 4 waves of selling to get in position, but then the market went UP!
Watch them like a HAWK!!
Good Trading,
David 'Tiger' Knight
Wednesday, November 23, 2011
November 23rd, 2011: Crude Oil Back to the Daily 200 Bar Moving Average!
Hello Traders,
First of all, Happy Thanksgiving and Happy Thanksgiving to us on the nice setup Long Today in Crude Oil trading back to the 200 Bar SMA on the Daily Chart!
Have a great holiday!
Good Trading,
David 'Tiger' Knight
Tuesday, November 22, 2011
November 22nd, 2011: Nice Afternoon Trading in Crude Oil
Hello Traders,
After the market descended to the 200 Bar SMA on the Daily Chart today, we saw a very nice bounce opportunity to go long Crude Oil.
This trade went on to make a 3P profit target on the trading day.
Good Trading,
David 'Tiger' Knight
Saturday, November 19, 2011
Thursday, November 17, 2011
November 17th, 2011: eMini Bull Bear Foundational Trading Strategy is Introduced
Hello Traders,
Today in our live trading room we introduced our latest product in development called the eMini Bull Bear Foundational Trading Strategy. This trading strategy follows a simple philosophy of KISS (Keep It Simple S....). You can fill in the blank with the last word to suit your preference.
Anyway, during today's trading in the YM we netted 107 ticks on 6 trades today in a non-trending market today.
Good Trading,
David 'Tiger' Knight
Friday, November 11, 2011
Long Signal with Ascending Triangle Formation
Hello Traders,
The market set up for a long today ... will we go to $100 per barrel and more?
Time will tell ...
Good Trading,
David 'Tiger' Knight
Thursday, November 10, 2011
Question: I want to make $6,000 per month Trading!
QUESTION: I want to make $6,000 per month trading!
This is the toughest of all answers to answer, in my humble opinion, but I will give it a try for you.
If your average win is $400 on 3, and your average loss is $200 on 4, and you breakeven on 3 trades out ever 10 trades, then you can work up a W/L Ratio and a Profit Ratio or Profit Factor.
($400 * 3) * .3 = $360
($200 * 4) * .4 = $320
($0 * 3) * .3 = $0
Nets $40 per every 10 trades, but you have to take your commission costs out at $6 each * 10 trades equals (NEGATIVE $20) LOSS.
So here is a case where you are net positive but still losing because of the cost of commission to trade ... there is only one way to trade to make money.
You have to have a trading method/system that has the ability to capture the big wins, and also cuts the losers off quickly.
So for instance, if you find that you are net positive $250 on every 10 trades, then you can start to calculate a return based upon that information.
If you take 10 trades per week and net $250 per contract per week roughly speaking you would make around $1000 per month on one contract.
You would need to be able to trade 6 contracts and have a minimum account balance above $30,000 USD to take on this kind of risk.
I hope this helps ... the way I teach is to take money from the market at regular intervals and pay yourself as you make milestones.
If you can follow trading instructions, and are teachable, then perhaps I might be able to help.
David
November 9th, 2011: Nice Trading Day in Crude Oil
Hello Traders,
Here is a nice trading day in Crude Oil. In fact, there was a very nice opportunity later on in the day to go back short.
....
Some trading thoughts from my scattered mind as I develop ideas for my book ...
What are my thoughts on trading over the years?
Good Continued Trading,
David 'Tiger' Knight
Monday, November 7, 2011
Friday, November 4, 2011
Thursday, November 3, 2011
Wednesday, November 2, 2011
November 2nd, 2011: Nice afternoon trade after FOMC/Fed Funds Rates
Hello Traders,
I nice trading opportunity developed a little after the FOMC Statement/Federal Funds Rate today. We captured this move on a short for a 2P move. Today this meant 85 ticks before the move encountered stiff support at the 60 minute 200 Bar MA line.
Good Trading,
David 'Tiger' Knight
Monday, October 31, 2011
Tuesday, October 18, 2011
October 18th, 2011: 300 Trades Chart
Hello Traders,
Here was the 300 Trades (trading chart) used during the trade. This trade went for 168 ticks on one contract and then an exit at 5P today ... almost made 6P today.
$10 per tick and this trade earned $1680 on the day.
Good Trading,
David "Tiger" Knight
October 18th, 2011: Nice VSA Setup - Shakeout Bar!
Hello Traders,
Today we saw a nice VSA (Spring Setup) when the volume went to extremes and then the market reversed at the prior day low making for a very nice LONG setup.
To top it off the 50 Bar MA Crossed over the 200 Bar MA and a very nice trending move LONG developed for almost a 6P move before starting to pullback.
Good Trading,
David "Tiger" Knight
Thursday, October 13, 2011
October 13th, 2011: Crude Oil Double Bottom Appears and Up We GO!
Hello Traders,
Today you had to wait and do a little rope a dope ... but finally a nice afternoon trade appears on the chart for a nice $1 move.
$1 move in Crude Oil is equal to $1,000 per contract, by the way.
Good Trading,
David "Tiger" Knight
Tuesday, October 11, 2011
Will we see $97 Crude Oil Now?
Hello Traders,
With a move above the 50 Bar Moving Average today on the daily chart ... will we finally make a run for the 200 Bar Moving Average on the Daily Chart?
This will bring the Crude Oil Market up to almost $97, but if we reach that expect the market to get back to $100 per barrel on the futures contract.
We need to hold the break point on today's trading around $85.21 and change to keep this upward action alive and in play.
Good Trading,
David "Tiger" Knight
Friday, October 7, 2011
Tuesday, October 4, 2011
October 4th, 2011: Finally Some Action Up and Down in Crude Oil!
Hello Trader,
Finally some movement in the Crude Oil Market and a nice turn around trade to go LONG, and then a nice SHORT opportunity off a Strong SR Down Bar.
Good Trading,
David "Tiger" Knight
P.S. Have you seen our 21 Day Free Trial to our Trading Room?
Friday, September 30, 2011
Wednesday, September 28, 2011
Friday, September 23, 2011
September 22nd, 2011: Yesterday's Short in Crude Oil
Interesting trade yesterday as the market opened up down before trading. Patience wins the day.
Good Trading,
David "Tiger" Knight
Wednesday, September 21, 2011
September 21st, 2011: Nice Short Trading Opportunity in Crude Oil Today
Knight Capital ManagementTry our our trading room for 21 Days!
Learn to Trade ... Earn and Learn!
Good Trading,
David "Tiger" Knight
Tuesday, September 20, 2011
Monday, September 19, 2011
Friday, September 16, 2011
Interesting Trade on Crude Oil Options Expiration Day
Normally, you don't see to much movement ... but this trade went to a 3P target on the trading day.
Good Trading,
David "Tiger" Knight
Thursday, September 15, 2011
Wednesday, September 14, 2011
Thursday, September 8, 2011
Thursday, September 1, 2011
The KING still has ONE more MOVE!
http://KnightCapitalManagement.com
I was reading in the book from Zig Ziglar called "See You at the Top," about a chess match between a man and the devil. The name of the painting is called "Checkmate." In this chess match the devil has just announced checkmate and is sitting there all smug and confident in his apparent win.
Billy Graham told a story about this particular scene during one of his Christian Crusades ... a reputed chess master, I believe of the name of Paul Mercer studied this painting and came to the conclusion this chess game is not over ... he went on to say the KING still has ONE more MOVE!
The game is never ever over until you allow it to be over ... place your trust and confidence in God ... He has said He will always allow for an escape to those that come to HIM.
Good Trading,
David "Tiger" Knight
Monday, August 29, 2011
Wednesday, August 24, 2011
Tuesday, August 16, 2011
Today's trading showed a couple nice long entries
http://KnightCapitalManagement.com
A couple nice morning long signals ... 9:05AM and a little after 10:05AM Eastern time.
Today's trading really didn't produce any trend blasting trades, but it did produce a couple of nice signals in the morning trading.
Good Trading,
David "Tiger" Knight
Monday, August 15, 2011
Nice Trade for a Monday
http://KnightCapitalManagement.com
Today showed a nice entry at 9:05AM Eastern time today and a nice run up to the previous day high (Friday) before any real retracement on the trading day.
Overall, a very nice signal and trade.
Good Trading,
David "Tiger" Knight
Wednesday, August 10, 2011
Tuesday, August 9, 2011
Monday, August 8, 2011
Tuesday, August 2, 2011
Monday, August 1, 2011
Could you have predicted a downward break on this chart before August 1st?
Crude Oil Market (Daily Chart):
(Click to Expand) ... Notice Volume given clues ...
http://KnightCapitalManagement.com
Good Trading,
David "Tiger" Knight
Tuesday, July 26, 2011
Wednesday, July 20, 2011
Tuesday, July 19, 2011
Friday, July 15, 2011
Tuesday, July 12, 2011
NEW Live Tiger Trading Room YouTube Video
NEW Live Tiger Trading Room YouTube VideoSent Tuesday, July 12, 2011
Hello Again ,
How are you? I thought I would share this video to YouTube ...
I hope this finds you doing great this summer.
Believe it or not, we are closing in on our 3rd year in Business ... I had to think about that for a bit ... but this September will be our 3rd year! ... Pretty cool ...
I know we do things a bit different ... trading is what I do ... not promoting ... so I don't do a lot of the BS you see from a lot of others ... I believe more in line with Jesse Livermore who was a very private individual about his trading.
I hope you enjoy the video ... I will continue to share videos as time permits.
Thursday, June 23, 2011
Wednesday, June 8, 2011
Monday, May 23, 2011
Win at all costs ... really???
Hello Traders!
Here is my youngest son playing catcher on my oldest son's team. He got called up to help out his brother's team because they are down two players from his team. One has an index finger that is healing due to an accident, and another boy broke his wrist.
He went 2 for 4 on this day ... and my oldest went 4 for 4 ... in an 8 to 5 loss to a very good hard fought baseball game. Way to go ... Sean and Brennan!
I am so proud of them both ... with that being said ... I am a very competitive person by nature.
So here is my question ... if you are in an instructional coach pitch league should other teams stack one team with "A" players to dismantle other teams?
Our latest game we had tonight they lost 10 to 0 and unfortunately had little if any chance to compete against a team loaded with older ballplayers. They returned 9 from last year's team. The other team in this group is made up of very young ballplayers and was not any challenge to play against ...
Our league divides it's talent at the 7 and 8 year old level so teams are basically "balanced" to some degree or another ... with the exception being coaching.
I will admit that the team we played tonight was a well coached team and played very well together ... in fact I think they could have beaten some 9 and 10 year old teams with this hand picked team they played against ...
Being a proud dad of my boys, it is hard to watch them play against a team they had little chance of winning against at what should be an instructional level of play. Also, as a dad, it is hard for me to remain silent to see the total lack of respect our team was shown ...
What does it teach youngsters at this age ... winning is everything at the age of 7 and 8? It this the way of the world ... that we have to instill that form of thinking to our children?
I think it is a crying shame to place so much emphasis on winning at such a young age ... our school has 3 teams and we have them equally divided so that all kids get the chance to play at various positions.
The team we played against tonight had 11 players ... 9 of which were A and B players, with 2 C players on the team ... I suppose that I would like for the kids to retain their youth for as long as they can and not to have that winner takes all at such a young age ...
You are only young for such a short time of your life ... and I do believe there comes a time when you place your best players on the field to try to dominate other school systems for the bragging rights ... but is it necessary to do so at the instructional coach pitch level?
Thank God for the 5 run rule tonight per inning or we might still be playing that game right now! I think it is a shame that some school systems (programs) but the emphasis on winning at such a young age ... when we should be doing our best to get more youth involved ... all we do is isolate at a young age looking for the future all-stars ... heck I was an all-star myself and a pretty good baseball player for my time ...
But I don't remember it being so competitive win at all cost at such a young age ...
I suppose one of my many faults is having Irish blood in me and a hot temper ... I know that I would be an excellent coach at an older age when you try to stomp on the other team and then kick them when they are down ... but is it necessary to instill this behavior on our children at such a young age?
All they see from their "dad" is a hot head that loses his temper occasionally ... I do my best to remain silent ... but it is so hard to do so when the game is stacked against the boys ... life is hard enough as it is ... why do we want to introduce this to them ... let them remain boys full of fun, and good times for as long as they can ...
Our youth is over way to fast ... the "glory days" are over before they begin ... why ... well we all know the why ... with all the money being thrown at these players and the various leagues to play in ...
I suppose I am a dreamer to think that the game should be fun ... sure winning is fun ... but should it be all or nothing at such a young age? I am of the opinion to teach and continue to teach the fundamentals of the game divide up the talent at the younger youth levels and let the best team win ...
In other words, place only so many A players, B players, and C players on each team across the league to make it a fair competition at the younger levels ... there is plenty of time to get competitive as they grow older in age ...
My 2 cents on the subject ... I am a very proud dad of my boys and fierce in my devotion to them ... to see the deck stack against them at such a young age simply makes my blood boil.
David
Tuesday, May 17, 2011
The Evil Speculator Strikes Again!
http://KnightCapitalManagement.com
Sign Up on Left for more Free Information!
Good Trading,
David "Tiger" Knight
Monday, May 9, 2011
Tuesday, May 3, 2011
Thursday, April 28, 2011
Monday, April 25, 2011
Don't Blame the Speculators ...
FYI ...
Why are oil speculators being singled out when every commodity on the globe (except for our abundantly supplied natural gas market) is exploding? If energy speculators are to blame for running up prices, then why then are they leaving natural gas alone? Perhaps it is because we have plenty of supply and it is a domestically traded market that is less susceptible to the value of the dollar overseas.
Yet the president does have a magic bullet to bring down prices. It is called the budget. If President Obama can get spending under control, then the value of the dollar would increase and the price of oil would fall. Just look at what happened to the price of oil and the value of the dollar when Standards & Poor's lowered the outlook on U.S. debt. The day of the downgrade on the U.S. outlook on April 18, 2011, the June dollar index hit a high of approximately 76.05 before it retreated ignominiously to a low of around 73.93 on April 22, 2011. The price of oil hit a low of approximately 106.54 on the day of the downgrade and now has surged to as high as the 113.07 area overnight.
Deficits do matter and they cost all of us. The other silver bullet for gas prices remain with the Federal Reserve. The Federal Reserve with QE2 has dramatically increased the price of oil. In August of 2010 oil was as low as approximately 70.76 and now, as the QE2 comes to a close, we see oil hitting about $113.00 a barrel. QE2 drove investment and demand in the emerging markets. The price of Brent crude in august of 2010 was as low as approximately 74.64 and now has soared trading as high as around s$127 plus. In his historic Fed press conference this week, Ben Bernanke will have to explain why this has happened. My bet is that he won't have a good answer.
Full Article:
Good Trading,
David "Tiger" Knight
Sunday, April 17, 2011
Where is Barney Frank on this?
Let's play a game of where's Waldo? Can anyone find Barney Frank at the WSOP? Seriously, folks enough is enough! Quit and Stop the Insanity! I don't much care for Barney Frank, but I would sit at the same table and play Poker with him.
David
Are people simply IGNORANT?
To the People of the USA,
If you believe that the Internet Poker Industry is illegal, then so is Social Security!
Social Security should be banned right now, because it is the biggest illegal PONZI scheme of all PONZI schemes going.
Let's see ... if there are more people retiring than people to pay them ... hmmm ... sounds like the government plan to bankrupt us to oblivion to me!
Prohibition ... did that work in the 20's? AH, NO!
Should they tax Pot and Internet Poker Websites?
If the so called "sin" taxes of Cigarettes, Tobacco, Alcohol, etc ... would it make sense to collect revenue in places that people are already doing it anyway.
Now, I am not saying that if it is harmful to a person ... for instance ... if someone decides to hire someone out to kill somebody ... then should that be taxed ... seriously ... get a life!
No, I am not saying that a crime is still a crime. On the other hand, if states have already accepted casino's into their states, then the next logical step would be to legalize it "internet" and then make some money from it.
Perhaps, it might save a job or two ... or better yet ... might save someone's reelection campaign by showing how much money they brought in to the state!
Seriously, why are people so blind! When the answer stands clearly in front of them ... take off your holy than thou rose colored glasses and stop being an idiot! Even Jesus himself told the first person without sin should cast the first stone ... what happened then?
No one threw a stone because guess what ... we are all guilty. Face it ... we all have our "hidden sins" that we have to pray for every day ... stop being a hypocrite! Take the thorn from your own eye out!
David
Some Statistics about Poker Players ...
Statistics about Poker in the U.S.
from Topline Findings: “The Topline Findings shown below are examples from an earlier study conducted in January 2007 which was based, as are all our surveys, on a representative sample of over 13,000 regular poker players playing at least once a month across the U.S., Canada and Western Europe.”OVERALL
- 40 million people play poker regularly (6.8% of the adult population)
- 23 million of these regular players are in the U.S. (10.1% of the U.S. adult pop.)
- 15 million in total play online for real money (2.6% of the adult pop.)
- 7 million play online for real money at least once a month (1.4%)
- 5 million play for real money at least once a month in “Home Games” (1.1%)
- 2 million play for real money at least once a month in “Private Clubs” (0.4%)
- 10 million have played in a casino in the last year (1.6%)
- Of the 15 million online money players, 76% are male
- Of the 15 million online money players, 58% are under 35 years of age
Do you think that there is a revenue source here??? Legalize it baby in the USA!
Americans - Stand Up and Fight! Enough is Enough!
The war is on! The DOJ has declared war on the USA Poker Players. If they can get away with this, then more regulations are coming you can count on it!
http://tinyurl.com/5grjua
It's time to let your congress, state and national know that you will not stand quietly while this goes on.
If the government can get away with this, it won't be long until they start their attack and bombardment on traders.
We are also considered by many "a game of skill" ... don't fool yourself and allow the same thing to happen to your livelihood. I am only a casual online poker player, and not that good to boot, but what they are doing is simply wrong.
To shut down websites ... when these companies would be more than happy to have an arrangement to pay taxes is total bozo type of romper room action!
http://tinyurl.com/5grjua
Nobody gets paid when the government steps in ... money magically disappears and if you are able to get anything it is pennies on the dollar. One of my "investments" that was seized by the government still has not paid me my money back now going on over 10 years.
Don't fool yourself ... this is a declaration of war against USA internet poker players. They have decided to shut down 3 major companies ... these companies have already moved to not allow USA player to play for real money.
The government by playing hard ball has lost before they have started. Obviously, there are bigger things a foot ... but if poker players all over the USA don't mind paying their fair share of taxes ... this is revenue that is much needed in America!
Is this the land of the (how do you say this word without is showing up as spam) how about freedom, but take the last three letters away or dom.
This is simply outrageous, and what is next ... they go after our GUNS? You may no longer have a gun if you live in the USA ... you may no longer hunt ... you may no longer fish ...
http://tinyurl.com/5grjua
Where does it stop? When will Uncle Sam awake and decide enough is enough!!!
WE are under attack ... you can bet on this ... if they can get away with this then the next attack will be at day trading ... you can take that to the bank!
Day trading is "a game of skill". We need to protect our poker playing brethren today ... stand up with them and fight for the right to have the government stay the HELL out of our life.
They may have our taxes, but stay out of our lives ... quit dictating to us what is good and what is bad. That is our job as man and women, parents, etc. to determine not the government.
IF they simply wanted to go after the people they could have done this without shutting down the websites in the USA.
Have you even seen what they did? Go to either:
http://fulltiltpoker.com
http://pokerstars.com
http://absolutepoker.com
These are the 3 of the biggest online companies in the world. Full Tilt in 2006 moved their operation from the USA to Ireland. Do they really believe they can go across National Country lines ... if they would simply legalize it and allow it ... then money would flow in.
Does prohibition ever work? Has it ever? How do you get more taxes from people as a whole? By taxing them more, or lowering the taxes and allowing business's to flourish?
You know my answer to that ... lower taxes and more money will flow it has been proven over and over. Make America a country that companies want to do business in ... not the other way around!
This is truly a war that we have to WIN! We cannot allow the government to continue to bankrupt our beloved USA into oblivion. We need to stand up, unite, for our fellow poker players, our children, and our grandchildren.
The USA is under attack ... make no qualms about it ... our individual liberty is at stake here. I am not calling for people to get there guns ... don't think that is what I am saying ... but it is time to stop the insanity!!!
STOP THE INSANITY!!!
Seriously, where does this make sense! If you spend more than you take in ... Economics 101 ... what is the answer to what happens to you? DING DING ... you got it BANKRUPT!
http://tinyurl.com/5grjua
How do you stop going bankrupt? AH, let me see ... if I make more than I spend .... hmmm ... then I should have more left over ... duh!!
Can you tell I am a little pissed off ... I even waited 48 hours before I decided to take a stand ...
We are under attack ... our way of life and livelihood is under a barrage of legalism! This is not the way that I want our country to go or head!
These are not drug lords ... yeah ... but they disgused their payments you say ... well ... if you would simply LEGALIZE it then duh they wouldn't have to DISGUISE the way the have to pay people.
MAKE IT LEGAL! How hard is that to do!
http://tinyurl.com/5grjua
Stop the INSANITY!!
Sincerely,
David "Tiger" Knight
P.S. Want to do something about it and write the president, senate, and congress? Go here and join the PPA: http://theppa.org/
Grassroots baby! Let's show what community organization is all about!!
http://tinyurl.com/5grjua
It's time to let your congress, state and national know that you will not stand quietly while this goes on.
If the government can get away with this, it won't be long until they start their attack and bombardment on traders.
We are also considered by many "a game of skill" ... don't fool yourself and allow the same thing to happen to your livelihood. I am only a casual online poker player, and not that good to boot, but what they are doing is simply wrong.
To shut down websites ... when these companies would be more than happy to have an arrangement to pay taxes is total bozo type of romper room action!
http://tinyurl.com/5grjua
Nobody gets paid when the government steps in ... money magically disappears and if you are able to get anything it is pennies on the dollar. One of my "investments" that was seized by the government still has not paid me my money back now going on over 10 years.
Don't fool yourself ... this is a declaration of war against USA internet poker players. They have decided to shut down 3 major companies ... these companies have already moved to not allow USA player to play for real money.
The government by playing hard ball has lost before they have started. Obviously, there are bigger things a foot ... but if poker players all over the USA don't mind paying their fair share of taxes ... this is revenue that is much needed in America!
Is this the land of the (how do you say this word without is showing up as spam) how about freedom, but take the last three letters away or dom.
This is simply outrageous, and what is next ... they go after our GUNS? You may no longer have a gun if you live in the USA ... you may no longer hunt ... you may no longer fish ...
http://tinyurl.com/5grjua
Where does it stop? When will Uncle Sam awake and decide enough is enough!!!
WE are under attack ... you can bet on this ... if they can get away with this then the next attack will be at day trading ... you can take that to the bank!
Day trading is "a game of skill". We need to protect our poker playing brethren today ... stand up with them and fight for the right to have the government stay the HELL out of our life.
They may have our taxes, but stay out of our lives ... quit dictating to us what is good and what is bad. That is our job as man and women, parents, etc. to determine not the government.
IF they simply wanted to go after the people they could have done this without shutting down the websites in the USA.
Have you even seen what they did? Go to either:
http://fulltiltpoker.com
http://pokerstars.com
http://absolutepoker.com
These are the 3 of the biggest online companies in the world. Full Tilt in 2006 moved their operation from the USA to Ireland. Do they really believe they can go across National Country lines ... if they would simply legalize it and allow it ... then money would flow in.
Does prohibition ever work? Has it ever? How do you get more taxes from people as a whole? By taxing them more, or lowering the taxes and allowing business's to flourish?
You know my answer to that ... lower taxes and more money will flow it has been proven over and over. Make America a country that companies want to do business in ... not the other way around!
This is truly a war that we have to WIN! We cannot allow the government to continue to bankrupt our beloved USA into oblivion. We need to stand up, unite, for our fellow poker players, our children, and our grandchildren.
The USA is under attack ... make no qualms about it ... our individual liberty is at stake here. I am not calling for people to get there guns ... don't think that is what I am saying ... but it is time to stop the insanity!!!
STOP THE INSANITY!!!
Seriously, where does this make sense! If you spend more than you take in ... Economics 101 ... what is the answer to what happens to you? DING DING ... you got it BANKRUPT!
http://tinyurl.com/5grjua
How do you stop going bankrupt? AH, let me see ... if I make more than I spend .... hmmm ... then I should have more left over ... duh!!
Can you tell I am a little pissed off ... I even waited 48 hours before I decided to take a stand ...
We are under attack ... our way of life and livelihood is under a barrage of legalism! This is not the way that I want our country to go or head!
These are not drug lords ... yeah ... but they disgused their payments you say ... well ... if you would simply LEGALIZE it then duh they wouldn't have to DISGUISE the way the have to pay people.
MAKE IT LEGAL! How hard is that to do!
http://tinyurl.com/5grjua
Stop the INSANITY!!
Sincerely,
David "Tiger" Knight
P.S. Want to do something about it and write the president, senate, and congress? Go here and join the PPA: http://theppa.org/
Grassroots baby! Let's show what community organization is all about!!
Tuesday, April 5, 2011
Friday, April 1, 2011
Welcome to April! Nice Win to Start the Month Off.
(Click to Enlarge Chart)
Hello Traders,
This was an interesting divergence setup today in the crude oil market that got us in a little after the red report at 10AM Eastern time today.
Although, no explosives moves on Employment Friday ... still a nice day to trade the Crude Oil Market anyway.
Good Trading,
David "Tiger" Knight
Monday, March 14, 2011
Wednesday, March 2, 2011
March 2nd, 2011: Classic VSA Long Setup - TCB Crude Oil Trading Strategy
http://KnightCapitalManagement.com
Today was a very interesting trading session after the Crude Oil Inventory Report.
Good Trading,
David "Tiger" Knight
Wednesday, February 23, 2011
Crude Oil gets close to $100 per barrel and backs off ...
Good Day!
Today was a fun day to be a day trader. There was a nice move up to almost $100 per barrel and another nice move in the afternoon to short crude oil back down.
What goes up must come down ... and a lot of times 3 times faster than it goes up ... which makes shorting a market a lot more interesting than going long.
Our job as traders is not to have a bias when we are trading ... to do our best to TRADE what we SEE, and NOT what we THINK!
Today was one of those days that you just knew it was going to reach close to $100 per barrel and sell off ... sometimes ... we all look great when we are calling out where the market is going to reach.
Our first trading class with our new TCB Crude Oil product is off and running. Our next class will start in May of 2011. We hope to see you then.
Good Trading,
David "Tiger" Knight
Friday, February 11, 2011
Egypt President Steps Down ... Quick moving market
Today the President of Egypt decides to officially step down. A little after 11AM Eastern Time today and the market went on a free fall for just a couple of minutes before recovering most of the move violently back the other way.
Small account traders ... these are difficult days to trade because it goes against your trading discipline, patience, and your self-controlled behavior to say the least.
For instance, right before the announcement the market was showing a continued breakout of the morning range, and technically speaking looked like a real decent long opportunity coming into the rest of Friday.
Then the news comes out ... and presto whamo ... you could have been under a ton of money quickly. We were able to pull out 10 ticks on the move up before the free fall ... was it luck or time of day ... or simply our plan.
I would argue that we had a plan to trade on this day and followed that plan.
The opportunity to short this market came back a little later, but with no real followthru after the market settled down a bit so small account traders could try to take advantage of this trading action.
In the end, it is important to remain the three c's ... Calm ... Cool ... and Collected!
Plan Your Trade and Trade Your Plan ALWAYS!! When in doubt GET OUT!!!
Good Trading,
David "Tiger" Knight
Wednesday, January 26, 2011
TCB Crude Oil Trading Strategy Results - Jan 2011
http://www.knightcapitalmanagement.com/tcb
Learn how to day trade futures with Tiger of Knight Capital Management. Our last video series showcases the Top 10 Most Frequently Asked Questions (FAQ) received from traders about how to day trade futures the right way.
Have you looked into our newest product in Crude Oil called TCB?
More Info:
http://www.knightcapitalmanagement.com
Twitter: http://twitter.com/tradecraze
FaceBook: http://www.facebook.com/tradecraze
Good Trading,
David "Tiger" Knight
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