Search results

Its a matter of semantics. This thread subject, as so often elsewhere, equates 'emotion' with anxiety or confusion or panic or even gross stupidity in an individuals trading. It appears that there is plenty of that in newbie or amateur trading. Remember when you are inexperienced or without...

.. I've got a good feeling you're not smart enough. :)

You can't lose any money on sim testing which is why I recommended that Lynx "demo test thoroughly whole day sessions". YM currently has lower volatility than previously which is why I refer constantly to NG (in various of my posts). For you, your learning is incomplete. :)

Only one who is an individual amateur trader trying to use support and resistence. I do not use S&R. A lull in your regular work is a time to stay out of the markets since success requires full time dedication and devotion. Study the metrics of the market you want to play. To play that...

It is immaterial to me, if as here, the concept is 'trends' and 'trend' tops or bottoms. Likewise the absolute price (ie price as considered in a hierachy of too high or too low) is immaterial. There are simply price gyrations, upswings and downswings. That is factual and that is discernable...

Failure is failure. Its not going to be different for you to do so-called swing trading instead. You can read often at ET the comment that there are different styles of trading; usually this means that the poster is expressing such view to justify whatever it is that he does when/if trading...

Amusingly put. The triumph of fantasy over actuality comes easily to the foolhardy. The short answer is in three words: preparation, preparation and preparation. :D

I graduated from university with an economics degree. Its what I wanted to do above anything else and I enjoyed it. It equips you with basic economic tools of logic for coporate success and for understanding both national economies and the world economy. Given all that, you may find...

I'm not a mathematician; my degree was in economics. But lets look at the market from a problem solving stance. Assume you are going to play one market. Assume again that this is a market offering a lot of points daily. Assume too that you are going to daytrade it. Let that market be NG...

You don't know. And you usually don't know. :)

Those many at ET that know little or no success in trading are willing to invest faith in the notion of a grand breakdown, a financial collapse like no other before or some form of uncontrollable meltdown. You can choose the words. Short answer: ain't going to happen. The current...

A cartel, OPEC, controls 40% of oil output so as a result there can never be a cheap oil price save only for short periods when OPEC is adjusting downwards its quotas under excess supply pressure. This is obvious but it does not stop politicians and ET's conspiracy theorists from blaming...

The way to look at a market is to study its metrics. Find out what points it offers daily. The number of points it offers is the sum of the gyrations; you add together the maximum points from the swings up and down sequentially, open to close. And the assumption is you are going to daytrade...

It just so happens that 9 out of the last 12 NG openings have been higher than the previous close. Here are the gaps in order, Dec 3-18: -18,+112,+197,+118,+35,+48,-48,+212,+98,-36,+88,+46. :D

My perspective is from a professional and corporate background in futures markets. You are among those who do not understand or do not realise how to utilize a market, day on day. This is very common at ET. For the individual trader, you need to daytrade and use time, all or most of it -...

This person, Howard Lederer, knows about poker and sounded interesting. But he showed that he doesn't know about trading - I don't hold that against him Lets look at a comparison with poker. I liked what he said about folding and the need to fold often as part of being a winner. When a...

These 5 rules, put as 'do's' instead of 'don'ts', are of course just common sense. You don't need them as rules because they are obvious to the balanced and intelligent person. Lets look at them: methodology, discipline, expectations, patience and money management. Methodology is the key...

I have received another 2 messages from BobFrank. His last message reads, "chicken shit You chicken ass! I sent you a private message and you put it out to the group. Come forward and deal with me straight up. Why hide behind your lies? I will find you and make sure the "group" knows...

I have no intention of responding to this message from BobFrank. (It reads. "I'm sick and tired of you people bad mouthing Don and have not experience working with him. Email me and we can discuss it on the phone or however you want to do it. I know the truth and the mean-spiritedness and...

You have to be especially stupid or just outright gullible to pay money to any gurus. Sadly all such paying students are victims of their own wishful and naive hopes. These gurus are scam artists who usually have neither professional nor corporate backgrounds in futures/stock markets and...