Recent content by candymr2

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    Daytraders are delusional of the real world?

    Interesting, considering most trades now occur electronically, and there is no social interaction at all. Not to mention, j-com guy is the most reclusive trader i have ever seen! Quit bashing successful traders, because you over-leveraged your account.
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    Inspirational Quotes

    "If you knew no fear, what would you do?" I saw this on a packet of sugar at TGI Fridays. And yes, I did put it in my pocket. =)
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    I'm 18, where should I start

    Never over-leverage your account. Otherwise any drawdown will have you trading emotions. Best advice I can give. ~Playing with my money is like playing with my emotions. lol
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    What else you gonna do on a Saturday?

    http://www.youtube.com/watch?v=8E_k-ZlrAGA The Business is also great. http://www.youtube.com/watch?v=eqZdy6HkcPg Enjoy =)
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    do you worry your method will stop working?

    lmao. The day when greed and fear no longer exist, is the day when my method stops working.
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    so many Traders are getting killed

    Which is exactly why I went to scalping. Tighter stops, no overnight exposure. No more wild swings in my equity. Btw, it took me 6 years to become profitable.
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    How to trade a small account

    I don't care for options due to the large spreads. Most options have .05 spreads, whereas the underlying generally has a .01 spread.
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    BNF: from 1.6 million yen($13,600) to 18 billion yen($153 million) in 8 yrs

    I agree. Although he made 20 million on the institutional error, he has been able to compound those gains into 150 million. There is skill involved here.
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    Scalpers: How many trades do you enter per day?

    It seems like we trade exactly the same way.
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    Scalpers: How many trades do you enter per day?

    I reflect on the day as a whole. If I take large hits, I go back to those trades to see what I could have done differently. This is where experience and a good memory(chart patterns) come into play.
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    Scalpers: How many trades do you enter per day?

    The most I have done is 240 sides, 120 RT. Normally I average half that.
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    Why does no one here give detailed trading advice?

    Exactly. I also like the part when Livermore/Lefèvre talk about when he is asked how to make easy money in the market. Its like asking a doctor or lawyer how to make easy money in medicine or law. That is why it is best to say, I don't know.
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    What are realistic goals for an 18-year old swing/position trader?

    Can someone please remove this thread from the server? It's a waste of space.
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    I quit my job and skipped education to pursue Forex fulltime!:) What now?

    If you are serious about trading currencies, my advice is to trade currency futures -- stay away from all of the bucket shops out there. I think it is safe to say no one on ET was profitable right off the bat. That being said, you really should have a steady source of income to fund your...
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