Recent content by parabolic

If you read my post you will see that I said the daily target can be modified. If a trader consistently makes $500 day with ease then he can change the goal to $1000/ day or $5000/ day. "Don't pay attention to your P&L (unless you're negative, of course)." You have it totally wrong - this...

I actually think he sounds like a fool. He quotes me "blah blah blah" - thanks, pal. Nice to see you have basic respect for people.

This is a North Korean contract?

That isn't seen as a "reward" for many traders (including myself). It's hard to turn away from the market knowing that there could be so many missed opportunities, not to mention that a trader..well, likes to trade!

Silver Eagles also sell at a large premium. American Silver Eagles are the best form of silver investment for the retail client. When the gov't stops making them you'll see some serious premiums... But maybe I'll ignore the rest of this thread as I see the usual ET losers who are mad at the...

The second part of your post is relevant - the first is not. Obviously if someone "yawns" at $120k a year they would be among the people that I told to ignore my post. In any case, it really makes no difference if they make $500k on one trade if they also lose $500k on another trade. That's...

That is because you were incapable of making $500 day - perhaps you weren't such a good trader then. I'm referring to traders who can easily make $500/day but end up losing money because they insist on making more. If this doesn't apply to you then so be it.

I figured I'd post this here as ET is filled with traders who know how to trade but consistently screw up their plans and lose money. I also figured typing this out would be good for me - so that's my ulterior motive. Many of the traders here have been trading for 5-15+ years and still...

What about systems that "bump" your bid or ask at any given increment? You could leave that on autopilot for the day and if you're lucky you'll have tens of thousands in fines. Or is this considered the same order?

Exactly. We saw the same thing in August '07. The question now is what to start buying, or what to add at these levels. Buy/Add on the drops, this Bull has a long way to go.

Logic cannot understand randomness.

While I appreciate an empirical analysis, the Creator of the universe precludes the absurdity of randomness.

I suggest anyone here who is not familiar with Ted Butler to start reading his commentary. I've been accumulating silver since it was $6 (in large part due to his sound research) and it was as obvious then as it is now that silver would be over $20. It will be over $50 too. When? THAT is hard to...

Just went over $20