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Paid Posters: Are You Talking to One of Them? What You Need to Know About Paid Posting" Jennifer Foote, Yahoo! Contributor Network Dec 11, 2006 So, a few people get paid to post online, what is the big deal?" If that is what you are saying, you are definitely not alone. Many individuals...

There are a lot of threads like this one by: The General NYSEStocks The Expert The Oracle Socrates Elite34S That's just on this site. Then there are a bunch of similar threads by similar people on other trading sites. This has gone on for a few years now. I searched google & see...

In real life where would you have put your sell stop orders on those 2 trades (if even using stop orders)? The 2nd trade pulled back quite a bit.

If it opens even or down I'd enter on a buy stop above the last bar (only if it traded down a bit first) with a stop at the low of the entry bar. Gap higher & I do nothing. Trend is down, but I wouldn't short at this time. I'd wait for a better setup before going short. I'd target just...

I already tried that. I'm not quite inexperienced enough where that will work. It would work in chop where I suck, but not for the entire day. I'm actually correct sometimes. The only problem with chop that is I don't realize I'm in chop until it's too late. Sometimes I think I miss the...

I don't want to be in the market when it's not moving. When chop starts I'm not realizing it. I see a new high, pullback, rest, & then I wait for it to signal another move up & get in. (Those signals are in fact nothing but traps for idiots like me, but they look so damn good). Eventually...

It really is the six million dollar question. Without choppy, sideways action trading is easy. I honestly don't know what action to take next in the scenario you describe. Common sense tells me to be patient & wait for price to indicate what direction it's heading & then get back in. The...

Sideways is my biggest problem. Try to avoid it & price makes the move of the day all of a sudden leaving me behind. Try to be patient & pick the best spot to enter so as not to miss the best move of the day & I get stopped, then stopped again, then stopped again, and again, and again...

I think the point of this thread & those like it is that it doesn't matter at all want some other traders are using. There are an endless variety of ways to make money trading, so even if someone is successful with an "always in" approach it doesn't mean you can't be even more successful...

When it comes to trading the obvious is not so obvious because there is no obvious. Trading is gambling. Gambling is to bet on an uncertain outcome. If something is uncertain then it is not obvious. Therefore, when it comes to trading, there is no obvious.

Has anyone correctly answered the question in the title of this thread yet? "Why Is The Obvious Not So Obvious? Just wondering. What exactly is the question about anyway? Why is "what obvious" not "obvious"? Obvious which way price is moving? Obvious how much to bet? Obvious how to...

Miss opportunity.

I can tell you how this strange thread helped me. I did what I think most "traders" do for years unfortunately. I read some books & tried to make money. Didn't work, so I found some other books & lost money. Then I tried some other books & lost money. Then I moved on to the forums. I...

The obvious can't be obvious. That's why the obvious isn't obvious. The game would cease to exist if the obvious was obvious. Besides that the big guys with the big money do everything in their power to keep things from being obvious. They play hide & seek with their money. The buyers...

Back to the original question, that's kind of what I was getting at. Are there traders that can be successful by just using "educated guesses" & "logic" to enter & exit trades, or do you have to have a structured process with specific setups & entry/exit rules & all that? I could see where...

Can you explain how to read a chart then? If my past trading results are any indication, then you are correct, I have no friggin' idea how to read a chart. :( Help !!!

I think bracketing the last bar could get you in a trade with small risk, large reward. Narrow bars lead to wide bars & allow a small stop to be used. If price has decided to reverse up you'll be in. If it's just a trap like the previous HH, HL bar & decides to go down then you'll be in...

I think the obvious prerequisite to trading any market is to have your own unique plan. That's it.

Isn’t the decision to enter a trade nothing more than a guess? Guess: To predict (a result or an event) without sufficient information. No matter if you’re using an automated fancy system, 10 monitors, your gut, the moon, technical analysis, fundamental analysis, breakouts...

I read that thread, but don't have a clue what that guy is talking about. I really liked "The Whipsaw Song" by Ed Seykota though that somebody posted from youtube. So anyway back to CL. I used to trade NQ, but something about CL seems easier to me. It seems like the risk/reward is far...