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In July, you announced "I quit my job and skipped education to pursue Forex fulltime!". Four months later you're asking 'which markets to trade'. Stop wasting your time. You aren't going to make it.

Asia's mostly up. Too early to gauge seasonal sales data. I don't see any catalyst for a significant move down on Friday. P.S. Buy pullbacks.

I agree. Sycophancy ain't so hot either.

That's not necessarily true. The rankings suggest that: 1) their methods are presently being rewarded by the markets 2) as a group, they are taking similar trades Hero worship aside, the contest results offer no provable significance beyond these two points.

Who knows that?

Apparently there's a first time for everything.

Closed long position. Thanks again to B. Rowshan for a fine thread.

That blue line should be horizontal.

Where'd it go?

The writing in this article is very disjointed. Perhaps the author is trying to cover too much ground in too little space. Yet, he also includes passages which are completely disposable - ideas that fail to build upon the underlying theme of the article. The author's insights are given short...

In fact, it should be expected.

Define 'smart'.

Surf 'capitulates' and the market soars the next day...

If a two day vote is running about 50/50 & the voting was heavy in one direction the first day - then it was (obviously) heavy in the other direction on the second day. In this case, the lemmings were running to your "sky is falling" position based upon yesterday's action. One doesn't need a...

I highly recommend giving this book a read. http://www.amazon.com/Psychology-Judgment-Decision-Making/dp/0070504776

So, what you're saying is that the voting today was heavily "yes it will". Today's majority is betting on a severe downturn. I'm averaging into the contrarian stance here. Baloney. Larger sample = less skew. Each snapshot in time is relevant.

Judging by the voting, I'd say that a brief bout of panic buying lies in our near future.

He made the call before the market opened on 11/4, so, I used the 11/3 close - 9319.83. Now down 19.0% in 13 trading days.

Adios.

752.44 (18.21%)