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\ While I agree on the overall statement that you made. Socialism and communism are 2 different things. For me communism exists in Cuba right now and no other place has it...yes you are correct, there is absolutely no opportunity in Cuba. Now socialism on the other hand, I have to...

here it is on the 2 minute.

good evening sons and brides. Took this play off the 5 minutes chart this evening. watched myself get stopped out before I took a nap, woke up to find it 7 points lower.

I just want to get away from the get rich quick mentality. Which makes it more difficult to just sit there and grind. While I dont disagree that one should be thinking like that, especially with 20:1 leverage.

LOL 1.5m, your kidding right? if everyone waited until they had 1.5 million before they started trading I dont think there would be any traders on ET. Go back to work man

Im a minimalist, I would keep trading if I consistently make 2000-3000 a month. I love the challenge, more money makes it better, but why go work for the man when you can trade from the comfort of your home and only have to shave once every 10 days? You have the freedom to live anywhere in the...

This is why I dont hold overnight unless its cash options where the risk is defined. When people tell me I should swing trade because its easier and not such a grind, I tell them that I like to sleep at night. I dont want to think about holding and some nutjob in the middle does something...

In my opinion the entry should be where I made the bar on your chart. I think the entry works best if you put a stop order that automatically buys the contracts for you. Easier that way, less time to choke and think twice about it. In this case 56.25 would be the stop buy, and put the stop...

looks like he did alright. Wonder if he took half off the table, and moved his stop loss to break even :p

you have to remember that most people here are not minimalist type of people. Most of them are teenager to 25 year old rich kid studying finance in a big time university and looking to work on wall street so they can make a 6 figure salary and hope to move up to a half million dollar income...

White trash like that will always complain about money. They make choices early on in life to put ink all over. And even with ink on your chest and back you can still find a job, but no...they go the extra mile and put it on their hands, legs,forearms. hopefully they are smart enough...

Son if you can draw a straight line gonna play could have should have with twtr today., This wasnt after the fact..I had my finger on the button. This is why you have to trade every set up in your system. If you execute all of your trades, when you have an edge, and manage money correctly...

well thats why you enter a stop order that will protect your order 99 percent of the time. Not sure if my stop would have worked during the flash crash, but 99% of the time my stop will exit me near me desired location. another thought about the flash crash is that I probably would not...

I never use the news. only because I dont subscribe to cable TV in my house. I planned on getting cable after I got off the demo, but I'm doing well in my system and I dont feel like watching the news is going to help me. I use price action/ candle setups/support and resistence and lvl 2 so...

why not leave the 10k in there? Size your positions to the amount that you want to risk. you have a 30 cent stop and only want to risk $75 means you only buy 250 shares. Unless you dont have that much to begin with. You can start an account with a prop firm. There are a few canadian...

New ones popping up all the time...they say they have 1500 traders worldwide, maybe some will comment? any information for this one Evo?

I found a new one, and lots of free routes too http://www.inglobal.com/commissions

I disagree with everyone who says anything along the lines that you can't earn money daytrading. However, dont expect to turn 2500 into 100k in your first year ( although I agree it can be done). It takes hard work, and just when u think you are gonna make it, you will have 2 trades in...

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As opposed to the rampant inflation that is sure to come sooner or later. You do know that once bubble Ben or his replacement says the word taper...we could be in for a world of pain. Also when other countries decide enough is enough and dump the dollar, we will be in trouble. And finally...