[ I saw Spiker Igor D last week at our SpikeTrade meeting & dinner in Tallinn (see photo). In my presentation I mentioned that since the modern world runs on computer chips, there is a stock I’m waiting to buy for the long run after I recognize a bear market bottom (not a correction bottom). It is ASML – the world’s leading company for making machines that make computer chips. The firm is Dutch but listed in the US.Igor commented that he was following that industry and had several additional suggestions, some of which we reviewed on the spot. I invited him to write up his research. He wrote a very serious report which you can read below. — Alex ]

A Member in Maryland writes:I’m in my early twenties with the goal of one day trading for a living. I worked on that goal for a few years but haven’t accomplished it yet. I’d like to hear from those who trade as a primary source of income (not as a supplementary income, an extra retirement fund or a hobby).What ups and downs did the process contain for you as you climbed from the beginner level to professional? What is your weekly schedule like now that you trade for a career? How many hours a week do you spend trading and researching? Do you only swing trade or do you day trade as well? Any advice you can give to a young guy like me?Thanks,Pax A.

This is the latest post in a seriesMember Nijay S. writes:I compiled the word frequency data in a weekly timeframe for the terms “bear market” and “bull market” in online media. I plotted these on a chart using weekly frequency of “bull market” minus the weekly frequency of “bull market” as the data point – and compared it to the NHNL data.

Member Alessio R in Italy writes:I read in some books, such as Mastering the Trade by Carter, that professionals barely take into consideration risk to reward ratio. Some professional traders state that a 1:2.5 RTR should be the minimum.What’s your opinion about it?

I very much look forward to attending Alex’s course in Tallinn at the end of the month. Sadly I won’t be able to make the Sunday night Spike Member meal due to work commitments on Monday/Tuesday. I thought I would see if there were anyone else travelling to the course who would be interested in meeting up for a bite to eat/few drinks on either evening of the 25th/26th or perhaps during the daytime on 26th. I’m still a relative newbie having only been a member for around 1.5 years. Feel free to get in touch on my email for anyone interested, rjmorrison@hotmail.co.uk.Regards,RussellAberdeen, UK

Member Nijay S in Maryland writes:I was interested in Alex’s newest project to express mass market mood on a numeric scale, so I started to think of how it might be quantified from available sources on the web. I came across Google Trends which allows you to explore how people are searching the web, so I looked up the term "bear market" in the United States over the last 90 days:

[ Greg S was a frequent participant in SpikeTrade meetings that I used to have in my Manhattan apartment before the pandemic. Now he is moving and looking for local traders – AE ]

A long-term Member in Ontario, Canada asks:I use Stock Charts. Does anyone know how it can be programmed to predict at what price the Impulse System will change from red to blue?Thank youGordon K

A Member from the Netherlands asks:"I often keep an eye on the monthly lows, when I am shorting sp500 intraday, and they acknowledge the direction for me when they are on the rise while shorting. But what when I am long, the index is rising strongly (lilke today) but the monthly lows are rising fast. Should I be bothered by that and chicken out? Or just be ‘aware’ and have a stoploss in place, maybe a bit tighter?Cheers,Jurgen

Member Rasmus S in Denmark informs: “I asked Barchart if they could put a timestamp on the page, and they just wrote me that’s it’s been implemented in the upper right hand corner of the table.”