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How about trying out backtesting, where you test ideas and not risk money until you are confident? Please have a look at these threads, they might help you: http://www.elitetrader.com/vb/showthread.php?s=&threadid=104393 http://www.elitetrader.com/vb/showthread.php?s=&threadid=108534

Great post, solfest! :) Thanks!

Thank you for your active participation. :) Many of you do not seem to be aware of TradersStudio, please see the following links for some more information on the same. Its site is http://www.tradersstudio.com a) http://www.elitetrader.com/vb/showthread.php?s=&threadid=104393 b)...

The above is known as “Inter-market relationship”. It is important as it tells you how different markets affect each other. US dollar does affect the price of Oil. Oil is priced in dollars, so when dollar values falls, oil prices goes up & vice versa. Read below to get a better idea of...

Well, unemployment has increased, dollar & purchasing power falling: http://news.yahoo.com/s/ap/20080606/ap_on_bi_go_ec_fi/economy

Nice post, Siddhartha. But, it seems that venustus, is trading EOD: So, venustus, do consider TradersStudio, as it has many features, strong forward & back testing, multi-tabs, charts, data import & export, migration tool for the TradeStation EasyLanguage & many more. It is a tool for End of...

See the following links: http://news.yahoo.com/s/ap/20080606/ap_on_bi_ge/oil_prices http://biz.yahoo.com/ap/080607/oil_prices_bodman.html http://finance.yahoo.com/banking-budgeting/article/105201/Six-Fixes-for-High-Gas-Prices http://biz.yahoo.com/ap/080607/oil_meeting.html Not good! :(

Please read the following thread, a lot of encouraging words & ideas: http://www.elitetrader.com/vb/showthread.php?s=&threadid=128230 Try to learn something of trading by paper trading (without actual currency) & then when confident switch to real money. Do part time trading as you have...

Have a look here, http://www.elitetrader.com/vb/showthread.php?s=&threadid=126368. Many books & advices are mentioned here. Try to learn something of trading by paper trading (without actual currency) & then when confident switch to real money. Do part time trading as you have two incomes...

Money Management is an important issue and it is discussed here in detail: http://www.elitetrader.com/vb/showthread.php?s=&threadid=119308

In my opinion, you need to learn something of trading and start small. You can learn trading, doing paper trading, that is without using actual money, to understand the market movements. Do start trading part time with a job to avoid pressure. When, you are confident, and then start full...

Have you purchased TradersStudio yet? Please let us know your experiences over it.

Money Management is an important issue and it is discussed here in detail: http://www.elitetrader.com/vb/showthread.php?s=&threadid=119308

By the way, jasper6, if you are trading, then you can post what you did in trading daily with results. That might help, as we all might see why you are not winning.

Thanks Mr. Murray for the prompt reply. :)

No problem, learnt a lot from them. They were interesting. :)

Yes not good! :( See following links: - http://us.rd.yahoo.com/finance/finhome/topstories/apf;_ylt=AvHcWBbMewYHeMZmI2nfymK7YWsA/*http://biz.yahoo.com/ap/080521/wall_street.html -...

What has these links to do with your post? :confused:

Yes, I agree with you. But, do we not have books for various subjects like science, maths, arts etc.? Why have them? Why not learn on one’s own? We all need to know basics, and books, courses & others help us to know them. Also, you are right no one can become a successful trader by...

Well, you can try it out. Only make sure that it talks on the pros & cons of fasting. Avoid religion. Good luck! :)