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I trade a very selective pattern based strategy, hence my screener needs plenty of stocks in order to generate a prospective watch list. Therefore, I trade the US, UK, France, Germany through CFDs. And I live in Germany btw.

I liked "Against the Gods" by Peter L. Bernstein. It gives an excellent overview over the evolution of risk- and money management and the philosophies behind them. And all that with a minimal amount of mathematics!

Money grows on trees. Everybody can get rich. This time it's different.

Haven't tried it out myself, but heard that the free stuff from this page works: http://www.hypertrader.it/freetool.shtml

I'm currently reading 'How to Trade in Stocks" by Livermore/Smitten. It's very interesting to see the similarities between their styles, e.g. Jesse's concept of pivotal points or the importance of waiting.

You obviously do not understand much about trading psychology.

"It would not surprise me if the persons who in the future follow my methods of keeping these records get even more out of them than I have. This statement is based on the premise that, whereas I arrived at my conclusions some time ago, as a result of my record analysis, those new people who...

When talking to clients or other traders about Bulkowski's book, I refer to it as the "millionaire maker". Mix it with a good understanding of game theory and risk management, and you got the mother of all edges...

I wake up 8 hours before the US markets open (GMT+1) :D

I think you are confusing an edge with a "money grows on trees" mechanical trading strategy. Regarding the edge, yes, I have achieved some nice results. I am currently starting to exploit this 'inefficiency' institutionally. I've built a derivative of Zanger's strategy including market...

Why buy the milk if you can have the cow for free? http://mysite.verizon.net/resppzq7/patternz.html

Why on earth should any consistently profitable trader with a working edge waste his time on reading fancy sports-reports like these instead of investing it into searching for opportunities in the market? 'Threads' like these are a waste of time.

IOW, he should develop yet another persona around all the lies that stem from social conditioning? Another subconscious voice to tell him what to do and what not to? Hell no. It's all about taking responsibility - the one thing in life they don't teach you in school, at work...

Thought I'd start this thread out of curiosity, since I'm very much into NLP and psychology. I'm interested in learning what colors you use in your trading software, e.g. on your charts, your open positions dialogue etc. A few years back, I realized that having flashy boxes and red & green...

I think you should buy some mutual funds.

Congratulations, it appears that you're member of the elite minority here who actually have a brain. Hey, but why bother posting here? Obviously, the majority of "traders" here prefer to dream about what it would be like to have a billion rather than actually learn how to make a couple of...

Very nice summary, thanks for posting it! I also like such segmentations, but for the sake of my nerves, I prefer to divide market participants into those that "get it" and those who don't. Saves you plenty of time and nerves whenever you run the risk of getting involved into a...

Meditation and hypnosis can work wonders: http://www.engadget.com/2005/10/17/danish-troops-equipped-with-mp3-pillows/ http://www.podcastingnews.com/archives/2005/10/danish_soldiers.html http://www.musicure.com/group.asp?group=9&sub=9 But above all, I suggest you simply lower your...

I am not a subscriber and never have subscribed to his newsletter. I'm trading my strategy independent from outside market related opinions. I've built my approach heavily upon a few stories printed in Traders' Mag (which you can download for free from his site, btw.)

Didn't mean my previous post offensive; all I was trying to say was that I'm actually making money with the stuff that guy provides, rather than speculate about other guys making money. Hey, but why should I care? At the ECN, we are competitors - therefore, I have no problem with guys...