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    Daytraders:watch your health

    My advice would be as follows: Walking is great, I do a couple of hours a day but it's boring on your own, so buy an Alaskan Malamute and enjoy the company. Why spend more than two hours a day in front of the screen? First two hours give you at least 2/3 nice set-ups. Walk away when you've...
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    Are you smarter than a top M.I.T. Grad?

    Nicely put. All I can say is machines are essentially stupid and the myriad subtle qualities of a good trader will be a very special emotional, psychological and human combination that enables them to weigh information on a number of levels second to second.
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    RBT - Reverse Brain Technology

    http://www.youtube.com/user/smalin Very nice classical selection. Relaxing and easy on the eye for a chartist to watch.
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    Masons here?

    Point taken, yes, they are big on charity projects. I'm sure the kids who get treatment there don't care what 'rituals' are involved in joining. Compared to the absurd rituals of the organised churches I'm sure they're pretty tame.:p
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    Masons here?

    Makes me laugh when all the conspiracy theorists start pontificating. They are just a business club that helps each other. When my grandfather died they looked after my gran financially, which is more that can be said for my government.
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    Trading and Suicidal Tendencies

    +1 About self destruction, it is not about what is 'out there', it is about you. This usually means we are trapped in our individual perspectives, which can be upbeat or meloncholic. On the objective front there is mortality and stupid laws, conventions and social norms, prejudices, cruelty...
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    Chart Types

    Try them all, some are really pretty and have exotic names but do they tell you anything a 5 min chart can't. 'To come full circle and know the place for the first time', to misquote TS Eliot. You have to learn how to read, the format is not so important.
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    Keepin' It Simple: Supply and Demand, Volume, and Price Action

    Don't take this the wrong way, just friendly advice: you should just focus on your trading instead of making all these narcisistic vids. They will only put greater pressure on you and eventually fuck up the potential chance of success that you've already demonstrated.
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    My guess as to why traders fail

    For simplicity I would say there are two types of trade: the clear and the confused. And the way these are objectively perceived and identified is the technical skill element of trading. I see myself as an (imperfect) human machine that tries to weight up the information as it prints on my chart...
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    Dow E-mini Scalpers Journal

    Absolutely agree that previous session action should be aknowledged and highs/ low/ open etc should be identified. Often the best trade in the first couple of hours is a test/ break of yesterday's high/ low. Problem with news, IMO, is that the big players use it to help them get to the levels...
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    Dow E-mini Scalpers Journal

    I'm can't think why you shorted where you did. Out of the previous 6 bars 3 had virtually tested the low. If you'd waited for the next bar at least you would have got in at the resistance of the previous range lows. You where luck by adding another contract. You broke your rules and this means...
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    Dow E-mini Scalpers Journal

    Hi, just found the thread. Even though the ym is bit on the thin side, I think it's a nice market to trade and IMHO I think it's better behaved than the nq (if you compare 5 min charts you'll find nq stops are hit more often (those placed at other end of 5 min bar enrty). I use the 3 min though...
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    Obama to Propose New Rules on Banks’ Size, Proprietary Trading

    Banks have to accept a certain level of risk (this is why they charge a higher interest rate in addition to all the other 'fees'). Their business is based on economic growth and they are seen as key agents in the assistance of this. If they don't help facilitate this and lend to other...
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    Obama to Propose New Rules on Banks’ Size, Proprietary Trading

    Totally agree. Banking is about LENDING to business. If it won't do this what the f#$& is it any good for?
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    Young and ambitious

    This is the best advice so far. It is obvious that it has been wtitten by a trader who has taken the 'journey'. I would just add to this that it is indeed a journey that will test your limits. As you can see you have only ignited a powder keg of egotistic backbiting and silly bitching-which is...
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    Daily Hottie

    One for you, Killer:D
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    Daily Hottie

    Jesus, Killer. get some specs or a pair.
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    Daily Hottie

    One for the Yule log
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    System DayTrading the ES

    I know what method he's using. Didn't the japs use it at Pearl Harbour when they'd run out of bombs? Think it begins with a 'k' or something.:)
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    Daily Hottie

    She can come down my chimney any day of the year. Ho, ho ahhhh!:D
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