Recent content by ubermenschtrader

Alot of the members here don't know how to make a penny. Ask yourself this, why would any guru even stick around this site. What reason would they have? I stumbled upon this site looking for other traders who were in Idaho. I found nothing but rude idiots. anyone worth their weight in salt would...

I beg to differ. Bush sr put 80k into a defense contractor. He walked away with over 15 million. A buddy of Clintons who was president of the dnc did the same. Neil Bush the son made 900k on a day trade for a company that he was a consultant for. He said he had no information. Yea right. The...

its simple, money and inside information. These people have both.

why would it even matter what trump or any other politician says? Obama lied about everything,as does hilary so what is real issue?

practice, nobody wants to do it. Everyone wants big money right away.

Save your money. go find an instructor and take lessons. He recommends using 1 min chart is wrong, worst thing u can do.

Your talking out your ass. It has nothing to do with these new procedures. It has everything to do with the amount of sick people who signed up and burden the system with extreme costs. The healthy young people have chosen to pay the fine rather than pay the monthly fee for an underinsured...

household disposable net income remains at 50 year lows. Most households pay over 50% of their net income to mortgages and health insurance.

Mark douglas wrote a book about this called trading in the zone. So read it, I have and I have reread it every year for last 5.

You have to find a mentor/teacher . You can take private lessons as well. My old teacher takes 4 students a quarter. its not cheap. Her name is Ann Marie Baiynd. I had her for almost 4 years, listening to her yap everyday.

Ask the Greeks if things r gettin better.

anyone that knows how to use fibs would never trade without them. The reason they work is very simple. A vast majority of algos are constructed using them along with fib fans which determine the trend lines. Just ask anyone who has worked for a systematic hedge fund that employs pHD math heads...

the catalyst would be the failure or acceptance of a price level. with volume showing participation or lack of it

you need volume, also levels

You can cite any rule you want, trade long enough and watch it happen. Then you can sit there and ponder on your limit order. Find one of the currency traders who were blown out by the 20 cent move in the swissy overnight. Some of these traders awoke to find they owed the brokerages thousands of...