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To win at trading you have to be a yes man, when it comes to the market. "Oh you want to move up now Mr. Market? Oh ok that's fine. Now we are moving down, very well Mr. Market." Don't question Mr. Market, otherwise you will be fired.

What broker is best for commodity futures? I am interested in trading sugar, wheat, corn, etc.

what I am expecting is for the ndx to sag for a little while, until maybe 2:15 and then the uptrend which began today at 10:30 will resume and he will go above 1910.

I am interested in possibly trading commodity futures. Are there any sites where I could access free charts? Also what brokers would you recommend? I have read the broker reviews and it appears that Velocity Futures is highly regarded, but I was not sure if there are certain brokers that are...

Read the Book Stikky Stock Charts. The best intro to basic TA in my opinion, read the reviews on ET.

Thanks for the advice guys. I have ordered both books off of Amazon.

Agreed. I am trying to find some type of permanent end to this destructive pattern, besides the option of quiting altogether. When I follow my rules I am profitable. I believe that it is possible to follow rules and that is why I continue.

It's amazing. I have told myself that so many times, I have preached it to others and then in a moment of weakness I break my rules.

Yes, maybe if I knew that I would be shocked I would follow my rules. The problem is that I can get away with it, or so I think, until I blow up my account.

I, along with many other independent trader have issues with discipline, breaking the rules of our system etc. I was wondering if anyone has advice on a good way to enforce discipline. One idea I thought of would be to have a trading partner, kind of like a workout partner. If anyone has any...

I do not agree. I trade NDX options and use stops. I was in calls for a short amount of time today before my 12% stop was hit. I lost a little but if I had held on I would have lost a lot.

You see a bunch of lines. What I see are price trends from the past. The best evidence that some forms of TA can work are the professional money managers who exclusively use TA and have achieved extraordinary returns. Ed Seykota is one example. If you read Market Wizards and New Market Wizards...

Here is what you need to know, if all you do is go long calls or puts. 1) They can move a lot in relation to the underlying. 2) They lose time value. You want to buy a call at the beginning of a large upward move in the underlying asset. For example you could have bought the NDX 1900...

There are two forms of TA, Predictive and trend following. Predictive methods try to predict what will happen in the future, for example "there is support at 1600 we should get a bounce up" Predictive TA does not hold up, in my opinion. The future is unknown. There is another form which is trend...

I have browsed online porn while trading. I found that it was a distraction and now my rule is NO PORN DURING MARKET HOURS.

He enters positions using stops. "what will you do when the price breaks through, the stops in place so there is nothing to do" I wonder how common this is?

We have the same goal. Study those who have made it. Have you read Market Wizards? If not do so, it helped me to see how the real winners think.

I don't understand why you are sticking to a system that does not work. Instead of giving away your money to the market go on a vacation or have a nice meal or buy a toy or whatever tickles your fancy. Just because this system does not work does not mean that you are inadequate. What you need...

Show some respect to a man who is perhaps the most successful trader alive today (in percentage terms).

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