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Faith/Belief, just like Love, can be blind. FWIW I am not an American. Your government is so ignorant towards other nations, there is little sense in discussing this. And I tell you, after Iraq, there will be even more terrorists and you know WHY? If your wife, daughter, son are killed by...

Understanding WHY and JUSTIFYING are two different things. But most Americans blindly trust Bush and don't even know where Iraq is, so last laugh is on me.

TrendPro, one of the ways to continuously benefit from countertrend trading is to see at what point price has a higher chance of retracing (profit taking/squeezing shorts/shaking out longs/etc.), some times that also happens to be the end of an intraday trend, sometimes it goes so many points in...

Here is a psychological remedy that works ImE, by setting a hard stop and perhaps deviate only a fraction from it (like 0.5) makes it a sensible risk management, as indeed none of us know WHAT EXACTLY future holds, we expect it to go in our favour based on our experiences. So by honouring a stop...

Bush and his mates are all cunts IMHO, they do a great job for US stock market though. Don't just blame Bin Ass Laden and his mates, he is just a puppet. If US government weren't so arrogant (We are the most powerful) 9/11 wouldn't have happened and that is putting it lightly, not making an...

It's no mystery at all, it's not about lack of discipline in some of us, I am certain it's about overpowering conviction in personal bias, I always remind myself of Osorico's rather wonderful statement - "Trade what you see, not what you think". I am part mechanical part discretionary I suppose...

I asked, because I was under the impression that his max loss was around $15k and average win around $1.5k, if that was correct, then I hope you would agree one needs a unique win loss performance to justify that. You refer to something different.

I see, I thought you still average down (crawling backwards into the cave :))

Sax, what is your average win and loss mate?

last short 3 scaled out 2 +9.5 3rd +19 thank you very much hehe

Short 3 -3 short 3 is that h and s on es 1 min? scaled out 2 +6 3rd -2 short 3 -3.5 Screw it. missed a heck of a turn, still net positive for today, but way too much trading. GL on your long Y!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1599102>

covered 3rd -1 what a recovery, 1 min histogram has given a great signal, I was on the blower and didn't trade it, pissed off, it will probably rally to hod now. NIce hold Y.

divergence/bear flag <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1599055>

scaled out 2 +11 Y, just an opinion, but price seemed to retrace back to 38.2, while doing so it completed a divergence on 2 minute chart, so it is realistic ImE to expect further decline, all the best.

OK, I'm worried now scaled out 1 +29.5 sold other 2 +26 and short 3 -4.5 short 3

Staying long, been stopped out enough times today, not that it makes any difference to stay or not to stay long.

Oh good, we burn together otherwise. AS, you long yet?

no lol, but market is not really selling off, it's gradually sliding, which ImO points to accumulation rather than disposal.

Man, you are too funny, still laughing, you could be Thunder's apprentice ImO :)