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G'day Shortorlong. (1) You simply gotta stop watching so much TV. (2) It's a damn side easier to make 100% on $10k then $10000k+.

I believe the bear is alive and well. The following are my observations that I put forward last night in another thread:

Before I get started, this thread is based on the Aussie market. It may however, interest a few traders in the US. My reasoning is that when the US markets catch a cold, we in Oz tend to get snotted to a similar extent. I simply trade what I see, based on weekly chart setups, then waiting for...

:D

I suffer from obsessive compulsive disorder. Must trade.....Must trade.....Must trade.....Duhhh! Shouldn't have traded!

"- are undiversified; they put all their eggs in one basket hence they want to protect their basket" That's me. But I never go against the trend, and 'I never let a profit turn to a loss.' Solution.....trailing stops.

It's already been said, but I'll second the thought. Ditch the indicators. They only take up valuable screen space. Sit back a bit more from your screen and look for the big price swings. It won't suit most day trader types but when you get it right, if you keep your emotions at bay (+ a...

"The Power of the Pussy!!"

Fishing just off the Great Barrier Reef (AUS). Tried to anyway. Phone kept cutting out. So solved all problems by getting really drunk. Fixes everything it does. Can't remember the rest.

I think Jesse Livermore once said, "There is nothing like losing all you have in the world for teaching you what not to do." Study the losses hard.....They're important.

CCleaner is a good one for keeping things tidy too.

Firewall - Comodo AntiVirus - Avast AntiSpyware - Webroot Spy Sweeper with AntiVirus The only one you'll pay for is Webroot, but it's worth it. Its active program/virus shields are fantastic.

The only excessive delays I've experienced are when my stop loss is/should have been taken out. I had an incident just last week when I was short Metcash (MTS). The stock was dropping away nicely, I cancelled my initial stop loss and setup a new stop at my entry price. About 5 minutes after I...

When playing with derivatives, they all have a nasty side. With options it can be volatility or time decay working against you, with CFD's it can be the market maker. I only trade the CFD's of highly liquid stocks and that seems to reduce, if not eliminate the market maker issues. At the end...

I'm in Australia and I use CMC Markets, only because of their low margins. I have had some hairy experiences with them but have just been too lazy to shop around. I don't know where you live but try this site: http://www.thecfdtrader.com/cfdbrokerslist.php

G'day IcyTrade and everyone else. I'm new to this site so go easy on me. IcyTrade, my take on the situation is the market just bounced off long term support established back in January 2000. I follow the charts, long and short term, and try not to look too much into the media. Cheers.:)

The big advantage with CFD's is when you are short the market and wish to hold your position for a few days. You get paid interest each night you hold, rather than having to pay your CFD provider which is the case if you are long. It's a lower rate then when you're long the market but it's...