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Theoretically, if you get the guilts when shorting, you shouldn't be trading period. Guilt is an emotion is it not. There's no room for emotion in this game.:D

http://finance.yahoo.com/tech-ticker/article/7166/Wall-Street-Reacts-to-Bear%2C-Fed-Shockers First time the Fed has opened its lending window to brokerage firms (vs. just the banks) since the Great Depression. :eek:

.....with a hell of a long way to go. It sounds like there's still a lot of optimism out there just waiting for someone to take their money away.

You make me laugh!:D

Excuse my slang. Australia.

That's gotta suck. We pay that for a whole pizza here in Oz.

I'm with the Dr. It doesn't.

I lost about $50k in my first 2 years. I was just lucky I didn't give up my day job at the time. Despite what friends and family told me, I never gave up the belief that I would one day be profitable. Yes, I have recovered my losses. By ditching the indicators and every other piece of...

Thanks Pneuma.:)

Hey Pneuma. You sound like you're trading in Aus. Would you mind telling me who your provider is and how you find them. I'm using CMC (market maker) at the moment but am looking into the DMA thing for a number of reasons. Thanks.

G'day Tomaz. Many, including myself have had a ripper year so far, but I can assure you I've had some shockers too. I've only started posting in '08 so you haven't heard about my sorry years.

Impressive gains Kap! When you said you were arb'ing them I didn't realise to what extent. Anyway, at the close of trade today I'm up a meagre +127% on my total account since 01 Jan. Have closed out all positions for the time being. Not 100% sure which way it's going to swing from here.

I'll second that. Sydney's a shit hole. Hell, New South Wales is a shit hole. If you want climate, Queensland is the way to go. But more to the point, you'd be nutters to think you'll gain any benefit trading ETO's on the ASX if you live in the US. Personally, I gave ETO's up years ago and...

G'day my2cts. Are you referring to me when you say I'll wake up and be wiped out. Call it what you will, but whenever there is bad news or good news around the corner, it's already coming through on the medium term charts before it hits the media or you wake up in the morning and miss the big...

I have a time frame of from 1 day to anything up to a week, and on rare occasions into the second week. That goes for both long and short positions. The time frame really depends on my target expectations and the strength of the move. Tried intra-day trading on several occasions to see what...

From an Aussie's perspective, it doesn't matter who the president, they all appear to be puppets.:D

While we're at it, what is it you're looking for in this thread? Would you like everyone to simply agree with you?

:confused: No doom and gloom here.

How long do you expect this rally of yours to last.....now that you can predict the future and all? Whether the market continues to rally or not, those of us shorting it successfully will most likely be successful going long into the rally.....being the pieces of garbage traders that we are.

They don't work for me. Particular candlestick chart patterns do tend to occur at major turning points. Then the same pattern will occur all over the chart and a reversal just doesn't eventuate. Other methods are easier and more reliable IMO. They are however better than boring ol' bars for...