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Hi. In your viewpoint, who is/are the greatest daytrader(s) in the world (please give the full name)? [don't say you or someone unknown!] Why do you feel they are the greatest? How successful they are? What have you learnt from them? Thank you. :)

Yes, you are right. So an apparently quite different word can be read as the same. :D

I comment on my own post again. :p Do we look so similar, huh?! :cool: (joking)

Yes, straightforward answer is always the best! :D Glad to hear someone has answered your question before me. As a supplement, you should realise your profit/loss is being locked when you have 1 long and short position at the same time, so you shouldn't need to worry someone behind...

So who are the reputable brokers?

How ridiculous. Good spot! But I think there's some truth in this article, despite this ridiculous claim.

Here's another thread. Spydertrader's Jack Hershey Equities Journal II http://www.elitetrader.com/vb/showthread.php?threadid=56555

Sounds great! What good books discuss this approach of candlestick trading?

OK. Now I would like to know more again. Does anyone know if there're other momentum gurus or methods which are worthing studying? Thank you! :)

The magic of 50MA. :D TIE is rebouncing! 10% gain on one day :) But we can't be too happy yet. See how little Dow does in these days. If it keeps doing bad, TIE can't be against the big tide.

Today, I have received similar promotions relatng candlestick trading: This shows that they are really telling you candlesticks can let you into big profits.

TIE is reaching its 50MA. Is it going to rebounce? But if Dow keeps doing bad, the chance seems slight.

No connection, as indicated above in bold. :P I'm just a reader who come across this article and would like to share it with ours and ask for comments. I'm always willing to hear different opinions.

So what're the fallacies? Would you mind pointing them out?

Does the book has anything to do with the website, undergroundtrader.com?

Any more exmaples? breaks = no volume dry-up, holds = volume dry-up. How could you know about that? Sometimes they tried to kill large ask orders at significant price level. They broker thorugh but fell back quickly afterward. Yes. I saw a strong ask on the round number. It did break...

Real Cost of Non-Institutional Foreign Exchange Trading People who doen't know the reality of Forex Trading should read this immediately and save yourself from huge losses. Adapted from http://forexfacts.port5.com/index.htm ====================== Table of Contents Disclaimer...

Real Cost of Non-Institutional Foreign Exchange Trading Draft: An FX Discussion Paper by Forex Facts http://forexfacts.port5.com/index.htm

Calm down, sccz97 & Bitstream. Flaming is prohibited in this forum, well, actually anywhere. :p We all like more peace and less fire. :)

Same here. There're so many disadvantages in forex cash. Why try to struggle in such a disadvantaged situation? As to arbitrage, there're lots of arbitrage anywhere, even in forex futures. I don't know, but some say they will inhibit you from trading, or ruin you if you are spotted...