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"Did you notice that the market shifted in its fundamental dynamics, today, Mon, March 28th?" No. Because it hasn't . Today (ie DOW) - a predicted up day .. piece of cake for zero sum players. Of course everybody else's Monday was March 29 .. could have something to do with it :).

Have we seen the Market High for the year? No.

What is the best indicator of long term economy? GDP growth rates .

"After all, if you look hard enough you can find plenty of good or bad news just about every day." Steve46 Amen. News rationales are mostly just ways to describe the gyrations and varied directions of the markets. News most times fills what otherwise would be a huge vacuum. Saw on TV...

Your case: jack it in.

"..grind out limited wins as well as limited losses." Banjo Thats neither what I do nor what I have ever suggested others do. You need to research and put in place a reliably predictive system (ie DOW) if you want the Holy Grail. But its entirely up to you as to what you like to do. If...

Gringinho Have experienced some of the faults you mention. I have to say I only get really annoyed when the service goes down completely. :mad:

Gnome, the point is the simple one of keeping bet size low relative to your capital. Also no withdrawals from capital+profits. Crucially you must have a very reliably predictive system so that you are usually not taking a loss on any day. Capital keeps growing relatively as does you bet size...

I should add that if you have a reliable system you are caused little or no stress. Cautious risk money management plus cautious and planned position size play also remove any other stress entering. Stress especially at higher levels is proportional to the extent you don't know the market...

"One more item to add to above is position size and money risked. The smaller the amount risked percentage wise of the trading account, the lower your stress level. Stress is directly proportional to amount risked." Gemini315 Relevant point too .. nice one.

Trading psychology: is it being overdone? Yes. The first thing you need for trading success is intent and determination - stronger than most. After that you need to be a problem-solver. Here is a market: how do I scoop out regular profit? You might say that is ridiculously simplistic...

Agree, Sulong. News is never key to a system .. but it sure does provide interesting distortions now and again. If you are working your plan on an anticipated direction or pattern you can even utilize very nicely such distortions. As I say many times .. each to his own, as always.

A top call can only be right on the day it is called if that day is the top and subsequently proves to be so. Mind you such calls, bottoms or tops, are always a pretty useless exercise .. harmless though they be .. but they do keep being made on ET by various contributors. IMO the key is to...

"TRUST GOD only, live your life by the 10 commandments" while saying to those with whom you disagree "Let me attempt to educate some of you morons". Samson77 An approach of peace and humility .. ah, don't think so.

Sweet .. market takes a major pullback and suddenly everyone and his dog is a bear. Pullback is damn good for the action, sure. But this bull cycle ain't gonna die.

DOW at 10350 more or less reached as per previous report. The next swing and momentum DOW report which I received this morning suggests 10100 being tested, probable support above/at/around 9915 and a bounce either end week or starting the new week. Don't myself trend trade .. so its just...

"..working my ass off to get the scraps off some fat bastards table." Newb Well, hell, you're a winner straight away, aren't you(?) .. I don't think so, chum, with a fu*ked-up mind like that! Whether you're rich, poor or middling doesn't amount to diddly squat in this game .. to set out...

Kerry with his great long ugly mug .. with a super rich wife. Man on the make .. nothing more in IMO. Already getting himself in a tangle. Bush has lots of sh*t awful faults .. but he is more the common man and he is what you want if you want a freer lower taxed capitalist and expanding...

The question was "Is news necessary to trading?" The answer is or should be no. Now if you were being asked would you prefer the option of the news virtually no one is going to say no or oppose that. News is simply not the day to day driver of the market pattern. Also you can observe many...

Short answer: no. Resoundingly so. And this is even truer for index futures. News as a driver of the market can be written off .. although its a huge filler of the financial media and the minds of many traders. I wouldn't want the world to be other than distracted with the pimples and outer...