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Well put. I'm glad someone else is sane around here today! :) The 2K was just as an example ... I live in Eastern Europe now, so the figure is quite precise ... And think that some people live in some parts of asia that require a lot less for a living ... :)

(courtesy of TheFXAdvisor.com) http://www.thefxadvisor.com/posts/2010/01/the-importance-of-your-trading-capital/ ---------------------------------------------------------------- Never underestimate the power of money. A lot of brokers offer you the possibility of opening up an account for...

you funny little men. nothing in this world can be considered good or bad. let alone a man's feelings. things just ARE. it's each and everyone of us that tells whether a thing is good or bad depending on our own agendas. example: i lend you 2mln dollars. you don't pay me back. i put a...

asiaprop, dozu: your opinions have been noted. euclid: trading is not about predicting the future. zenith: say bin-go! dackster: i don't know "the grind" as it's probably a ultra-short term order flow distribution event. i am using higher timeframes to execute my trades. i am using the...

judging by most of the responses here, except some and a couple of guys ... i really can't talk to anybody about stuff like the "probability time window of an event" or the "shape of order flows" .... it's a shame but i never expected the statistics to be any different anyways. i stand by my...

seems that elcubano is the only one who truly undertands what i posted initially. and yes.... traderzones, i did make a mistake by titling "laws of trading" but that was only to have the attention of more people ....

you all might want to re-read my statements and really think not blab all of a sudden.

you also make assumptions without knowing facts, but thank you anyway. we learn as long as we live.

stop reading those books about successful traders, please. :)

you noticed well. and yes, our opinions are 180 degrees from each other. :)

TraderZones. I appreciate you disagreeing. Everyone is entitled to his or her own opinion, but when you say "WRONG" you imply that your statements are RIGHT and therefore the absolute truth. You could have simply said that you disagree and offer some counterarguments. I could argue...

It's easy. A lot of traders spend a huge amount of time looking for that strategy that "works" and when they think they found it they try changing their entire day to fit that routine. Normally, you need to decide when you are most comfortable trading and start looking for an approach o...

hey. these are 3 laws that are commonly broken by the majority of traders, kinda explaining why the grim statistics with regards to the average success rate of a trader. 1) Nothing that happened in the past (near or far) has the power to influence what will happen in the future (near or far)...

whatever. i have no agenda. i just layed out my 2 cents.

technical analysis as well as any type of analysis represents less than 5% of what it takes to trade. who understands this, good, who doesn't ... well, i hope you don't get bored spending another X amount of years figuring out the "game". and "we got sidetracked" from what you people...

to the op: here's your last lifejacket i am throwing you after reading all the previous posts. question: do you want to be a trader or do you want to analyze crowds? it's important, because being a trader employs different skills which are rather different from what it takes to be an...

to the OP: i hope this advice will ring true to you at some point during the years you will spend beating your fists against your head: the market is not yours to predict, but yours to follow. cheers

hah, this is actually funny. it took me 4 years (since 2004) trading part time while working my day job and when i finally had success with my approach i quit. the funniest thing happened then, i realised that the approach left me a lot of spare time during the day and that something was...

i use PA, but each trader can use whatever he feels in whatever way he feels after knowing his market. everything is custom made. change the instrument and you need to change your approach. change the timeframe and you need to change your approach ... and taking your cue from the market...

ok. i know i'm on ignore, but i decided to contribute anyway. however, i won't be that explicit. who understands my posts, fine, who doesn't it just means they are at a level at which they need to understand some preliminary stuff. here i go: most traders starting out look at absolute...