Recent content by Australianjoe

There's probably one or two winners on this forum. Has to be. Although, I wonder what part 'survivorship bias' plays. Is there a lottery ticket forum anywhere online where people who have won large sums of money are giving advice on how best to buy winning tickets ?

I hope you get some good advice. I read on trade2win about a guy who has been trying to trade for over 20 years and is still around break-even, so don't feel too bad! The whole thing(daytrading) is likely a pipe-dream. The idea that we can sit around in our boxer shorts and look at...

Moving target up slightly to 1865

Probably, yes. Over the long term, it MUST go up. it HAS too. Fed will ensure that that's the case. It's not a 'real' market. It's completely manipulated, but that's a GOOD thing! We know we will make money on the long side.

Don't forget that most people have been waiting for this pullback since about 900 ES! It will always go up over time. It has too. Don't fight those who control it, as you'll always lose. We certainly have LOTS higher to go over teh coming months/years. 30k on the dow for example.

Well done/ Keep trading on the long side and you'll do very well on the ES

You're likely right. Fed wants to pump us a hell of a lot higher. We'll be seeing much much much higher prices in the coming years. People trying to short will have their accounts wiped out

2014 should be a nice year for the bulls! Merry Christmas

good for the ES due to the santa rally

delay with my posts I think. Anyway, i'm long for a swing. Santa Clause plus the Fed puming in money each day should help me along.

LONG ES 1821. SWING. STOP AT 1800 TARGET 1850

test

Going for a long on the ES here @ 1814 (march) stop at 1804

That's pretty much my experience of it, too. It pretty much guarantees that you have lots and lots of winning trades and feel like a bit of a trading God. (no losses!) It also Guarantees that you'll lose every dollar you ever made at some point! Can see how it's tempting though. Barring...