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I know enough to tell you he trades long term, and his entries are on 60 min charts and stops are very wide, outside the noise as he calls it. He also hedges these bets with options. Not my scene and probably not yours. This journal has maintained shorter term trades and traders and B1S2 has...

Those that have followed B1S2 thread, or took the time to read a few pages, will know exactly what his line of thought is and how he approaches his trades. I doubt he wants to repeat his self yet again.

10% correction is now hit, time to move up?

Asking this question based on losing more than you are making lends me to believe that the only process you need to reverse is how you handle your trades, so get rid of your losers and hang on to your winners. Not the other way around :D

lol, sorry I didnt come across very well with that post. Yeah, the guy makes a lot of money selling his news letters etc, that one is free though. But, I thought it interesting that he explained the entry well, what with the fib retracement and gap fill. He turned out to be right on his TA.

Here is another TA method which should help enlighten you. http://clicks.aweber.com/z/ct/?5BnyhjAqG9YAgFMQcWZydg

They have all left for the Hamptons

Thanks for the tip, never tried them before.

In my opinion, large volatility will demand a change in position sizing and/or an increase in stop. The market dynamics have changed and will demand you change you money management otherwise you will get killed. One point stops are useless in this market when one minute bars show 2 point moves...

And larger stops?

LOL!!!!!

Yes, most of these guys are just salesman. They know jackshit about trading, if they did they would be trading their own money. I met an old friend last year who was a licensed financial advisor, he had never heard of the rule of 72 and did not even have a pension for his retirement! Another guy...

Nice one.

I think you are totally wrong for believing that. Most come on this board who are successful offer advice on trading for FREE. I know successful traders who hire there relatives to answer the phone and a few emails and pays them $80k a year! (John, are you there?) I agree ego has no place in...

I thought that was where you meant. Caeser´s Park is now the Sheriton. There are many new developments in the reverted areas besides the city condos. You will see a big change, and more traffic!

Punta Pacific is built on the old Civil Airport which has now moved to Albrook. There are very few mosquitoes, even in the rainy season. Towards Tocuman, Costa Del Esta, they are a bigger problem. Dengue is prevalent in some areas, and care must be taken in keeping standing water clear.

Yes, that works. My J2trader applet crashes my cable connection (not my ADSL or my other PC) which is a bummer so I was trying the QT execution.

Golf resorts are coming into fashion here as well. http://www.panama-guide.com/article.php?story=20060731144349937

Another reason to move to Panama, no hurricanes here. http://www.visitpanama.com/eng/index.php

Ha Ha, my wife is Dutch and the picture was taken by the guy who owns the boat.