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  1. J

    Would the Fed prefer we go off the cliff or not?

    Umm, you do realize that both sides don't really want to cut spending. Both parties want to keep spending as high as possible, they just want to spend it in their own way...that is all. There really is no cuts involved, just what to spend it on.
  2. J

    Taking 1million to zero in "n" months.

    I'm impressed with your IRA trading. I have a smaller IRA, about half the size. And I'm also doing self management, but I don't have time to be actively trading it and do my job at the same time. I actually put half of my IRA into small vaccine start-ups and hoping it will commercialize a...
  3. J

    Neither Tech nor Macro

    Yes, this market is somewhat tricky at the moment from a fundamental point of view. Lots of opposing forces at work. I closed my USDCAD longs for a few pips just now. Nothing to write home about. So again, I'm looking for more fresh trade ideas. I need about another 8% to reach my...
  4. J

    200% Returns But Why October 23, 2012 Problem?

    Seriously, where have you been, in a cave? Your code needs to incorporate weather as well.
  5. J

    Neither Tech nor Macro

    I like the way you pyramid into the USDJPY positions. I need to learn how to do that because I always take the profit off the table, and never really let my positions pyramid. What will you do if the USDJPY direction reverses on your below you top positions? Do you keep a tight stop on them...
  6. J

    Neither Tech nor Macro

    I just closed my AUDUSD long for another +50 pips. So I'm just left with USDCAD long open for now. I think the RBA will cut rates at some point, it is only a matter of time. So how will the AUDUSD react when RBA cuts the rates? And when will it happen? I really don't know. I always gauge...
  7. J

    Neither Tech nor Macro

    Sounds good. I'm back in the AUDUSD long @ 1.0347 myself when it retraced like 5 minutes ago. And I'm also in USDCAD long @ 0.9967. So these two are hedging each other at the moment. Both were entered near the support and resistance to limit the losses if it goes wrong direction. Your...
  8. J

    Neither Tech nor Macro

    AUDUSD opened higher, so I closed my position at +50 pips. But I would still like to read your thoughts when you get a chance. Congrats on your trade too. Cheers.
  9. J

    Beyond Twinkies: Why More Workers Are Striking

    Congratulations to the Unions. You got what you wanted. Now, everyone go to the unemployment line. I'm sure there are quite a demand for bakers and clerks....with pensions, of course. People keep complaining about lack of manufacturing jobs in USA, but the truth is unionized workers is...
  10. J

    2012: The Battle for Survival

    Neke, Keep your head up. Overall, including withdrawals, you did great and probably better than 90% of the other traders statistically. Yeah, you had a rough patch, but overall, you made a lot of money from the market. So good luck, and thanks for posting for so long for others to follow...
  11. J

    Neither Tech nor Macro

    Well, we almost entered the AUDUSD long at the same price. I'm in at 1.03230. I'm in fairly heavily, so I will monitor it closely. I would love to hear you take on the AUDUSD when you figure it out. I'm in this trade because it was a good technical area to get into, we have the October...
  12. J

    John W. Henry to Stop Managing Client Money

    The market naturally wants to drop and drop big because there is no demand. The Fed won't let the market drop at all cost with QE infinity. So the market is just stagnant and rising slowly and moving artificially based on the Fed's moves. Then you have the HFT driving prices up and down in...
  13. J

    Spreading a Loss

    Trade what you know. And I commend you to have the balls to trade full time with an initial stake of only 30K, I would not dream of trading full time without 50-100K starting capital. If I had 30k, I would take on too much risk to get a decent return to support a family. And there would...
  14. J

    Double or Triple in a Year?

    Good job. Up and up and away!
  15. J

    Building a live account 3 - $10,000 to more than $10,000,000 in 30 years

    The good news for the OP is that he is still in the black after many months. At a rate of 10% per year, which is rate you are currently on, you should have like 200k at the end of 30 years.
  16. J

    "Gold in them hills!"..

    Deep Blue the beat Kasparov in the rematch. And computers have gotten a lot more powerful since the 90s.
  17. J

    Dollars for Sale

    Are you talking about the Australian Dollar? or the US? or Canadian?
  18. J

    Successful Trading and Compounding - On Steroids

    Well, not much to say now, but to learn from your mistakes and don't repeat them again. It is one thing to lose because your strategy did not pan out, it is a whole different thing to lose because of poor execution or other silly things not related to the strategy. I think you should not...
  19. J

    oldtime gets worried

    That's right. If you get in on a trend, you can stack it and hit it huge. That's where the big money is. But to get into that trend, you will probably need to keep testing and take small losses because you are constantly setting the SL beyond the recent high/lows. And these long trends turn...
  20. J

    oldtime gets worried

    Seriously, if it ain't broke, don't fix it. Human intuition is part of trading. Not all trading has to be rules, charts, and statistics. When you feel something in your gut, and it is backed by some knowledge or experience...then you should go with it. If you want to call it gambling, okay...
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