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"Humans have a very narrow dynamic comprehension range which allows us to process information accurately only at a very specific speed." Abogdan This is why (and its easy to do) many traders or 'wannabes' often jack themselves about all over the place losing money over narrow time ranges when...

Hidden failure is hugely common .. whats new there. But when you set off after success, you will as result of real achievement become better than others and even possibly most others. Rivalry .. well thats just part of the human condition or often as much the animal condition. Thinking you...

"When you decide to believe that you and only you are the cause of every outcome, then you are in control." Bundlemaker Amen. This is a prescription for life. Just think of probably most people .. all the poor souls everywhere burying themselves in their own gigantic piles of sh*t blaming...

"..it would be reaching an understanding of the nature of probability.." dbphoenix Well that is the zero sum dynamic (ie Dow). Do your research; set up your model. After that, well, 'Piece of cake, Gordon' as Bud Fox might say to Gordon Gekko.

Hopes she gets off. For every successful business entrepreneur there are dozens and dozens of belly aching losers trying to pull that person down on some flimsy crap cry-and-tell pseudo evidence. IMO of course.

I notice from the swing and momentum forecast I received on Thursday (22nd) a further upward leg predicted on the Dow to 10800/11000. Friday's close would seem to negate that for the moment although new higher numbers on the Dow will undoubtedly return.

Kerry wins Iowa. Donald Duck wins Iowa. We're talking diddly squat here. Who would want to run against a Bush win in November .. especially with the economy about climb to the sky?

There is more than one way to skin a cat as there are courses for horses. Choose stocks as your trading milieu, sure. I chose index futures and in particular the Dow. Reason: big gyrations .. just fell deeply in love with the huge daily winning plays available. I like to go where the trees...

"..the market's price is equal to the fundamental price." Absolutely not. The conjunction of supply and demand at any one moment is too hugely hugely imperfect to give a so-called fundamental price at that moment .. thats got to be self evident to any economist or indeed to anybody If on the...

Planning the trade. Trading the plan. Sticking to the plan. Ramoutar Excellent, excellent, excellent. Such great advice to both newbies and trading oldtimers. There is otherwise such a lot of twaddle out there with which people can confuse themselves. So okay you don't plan to fail; you...

saschabr, yes, it has happened before when on the London Metal Exchange yonks ago they had a crisis over their tin futures contract. Shorts were partially robbed to save the longs .. its called a ring-out.

Nice little climb of 100+ points on the Dow today (14th). Champion, I'm on the e-mailing list of a swing and momentum commentator who sends out intermittent opinions. On Monday his missive looked to the Dow to be still around 10500 at the end of this month with a pullback to 9000/9500 before...

"Can this person salvage his past relationships." Oddidura, presumably you mean yourself. No. Wrong question .. there is no acceptance by others. What a futile quest! Accept yourself .. most people need to get to that point and don't. Sure we all need social interaction.. but thats it...

Well, Step 2 of the journey completed (5% each) on the way from 10000 to 15000. The DOW got through 10500 yesterday, the 10% stage. Of course nice 100+ point slide off the top though!

Perhaps Joe should stay CEO of Ameritrade since he doesn't know what daytrading is. Its not the number of trades; its that you always close all your positions, whether one or many, by the close of business each day .. nothing carried overnight. Thats daytrading.

Ok so we are now in Step 2 of the 20 steps of 5% each (250 points) to reach 15,000 from the DOW at 10000. Progress in the journey is at 8.8% at around the Dow close today. Not too bad for starters, huh? And to come there is some 40 billion of tax cut 2004 dough to hit the markets ...

Don, as always very good stuff from you on this. I think that the specialist system should be retained .. you need faces to a system who take responsibility as specialists do how ever critics may complain about them. In this as in other things why are there always so many losers and plodders...

Hi, OddTrader, if you take my Friday DOW example the sum of the gyrations is 170 and net day trend is 10 down Open to Close(very approximate figures). So the multiple is 17.

Here is an easy way to understand how markets are a Zero Sum Game. If the sum of the MAJOR gyrations is greater than (ie a multiple of) the net trend up or down in the same period then the theoretical zero can be taken as the mid-point of the extremities (hi/lo) during that period (eg one day...

Now if 250 points on the DOW, 10000 to 10250, a step already achieved, is taken as 5% then it will only take another 19 such steps to reach 15000. I'm not going to hold my breath of course. The 10,000/12000 zone ahead is going to very interesting. But for sure I do not rule out major...