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You know how there are all these "personality tests" that help schools and employers choose the potentially best people for a particular job? This statement alone would result in an automatic exclusion for the job "Trader".

BCE, always good to review out loud days like yesterday. I've begun to categorize some of the patterns that lead to strong trends/breakouts and haven't really experienced enough of them to manage the trades properly all the time (sometimes I nail it, sometimes I blow it). I've been much better...

Shortie, we're going higher! Take my hand and we'll buy some new highs in 2011!

More mind-boggling is the number of times I still answer: "No." :eek: Fortunately, most of time I don't follow my rules these days mainly pertains to letting winners run when it's clear the market is pretty much throwing money at me. Much like the dangers of cigarette smoking, the...

With 8000 hours of study and practice under my belt at the end of 2010, I share here some major lessons my personal experience has taught me: “The conversion happens when you truly believe the future is not knowable. Start thinking you know the outcome and you have already slipped.” -...

Yes, Happy New Year!!! May your 2011 be filled with trades like this!

Dutch dialect pappekak, literally, soft dung, from Dutch pap pap + kak dung :p

I'm pretty sure you could get the 8-year old to follow pure technical trading rules without any of that psychology garbage that screws up our trades :p :p :p

I know you're a consistently profitable trader because only a trader who finally gets it understands these two concepts out of hard-earned experience.

Remember, the trend is your friend; S/R is where all the stops hang out, take advantage of them; limit your risk; give thanks for contracts like CL and 6E because they're the bee's knees (my Southern friend says that) :p :p Now, time to party! Happy New Year to all! Here's to a BREAKOUT year...

89.00 was about at the rising 20-day MA on the daily, the strong support there was a prime setup to the long side, though I expected continuing small swings up due to the holiday volume. I'd shorted the morning downtrend for 3 nice swings, then positioned 3 times for a possible break of...

OMG and I hesitated to buy .90, holy cow!

And the saddest part is there wasn't a single exit signal and there still isn't. Oh well, learning a lesson about letting winners run on thin volume days, ha ha!

I took 30 ticks out of that b/o and thought I was the f*ckin' bees knees. :mad: :confused: :mad:

I'm at 35 and hoping 36 doesn't take another 2-3 years :eek:

A) Describe in detail: 1. Your initial success. 2. Your terrible mistake on Fed day. 3. Your abilities to read the market. B) What are the 3 most difficult things for you to do when trading?

There is no "liberal media" and no "conservative media", it's all corporate-owned media. And they control what the masses are fed. It's all done quite cleverly, and is far more powerful than a single government-controlled media outlet. At least if there's a single government-controlled media...

Poppycock! The only time the spread is more than 1 tick in crude is 15 seconds before a major economic report and the only time it's 10-20 cents is 15 seconds before inventories and occasionally in the minute after inventories. ES is extremely liquid for those wanting to move 100 or more...

Nice one, Star! I bought .30, took it @ .50 when it pulled back from just outside it, and pounded head against desk because it was my very own lips that said, "If it breaks .50 there's a lot of airspace above." :eek:

Thx! No I thought about gambling with those behemoths like BIDU, AAPL, etc back in the day but never could figure it out :p