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FB, you should not trade at all and keep your money, but, if you insist on embarking on this road, spend a few years trading a dummy account, then when and only when you have been consistently profitable for at least a year, you may try to go live, trading small for another 6 months than...

MrScalper, I would like to ask for a little guidance, while I think I have figured a few things out from the discussion and the little poems, I am still scratching my head about all the references to the SKY. I mean it more as an intellectual curiosity than anything... I am not expecting...

not sure I understand, let me see if what I understand is correct: lets say I have 50K$ capital, but I trade only 10K$ at a time, so the 100% a week would be 10K$? if so that might work with Forex and Futures as those 10K$ would be leveraged several times over (and even here I wonder...), but...

even on a single week it would be next to impossible

double your capital each and every week? sorry I think not, it is simple math as to do so you would need to use leverage to very unsafe levels and be extremely good, too good...

well, while I agree with you in general, I wouldn't even bother learning to trade to become case A (5% a year), while I would be very surprised to achieve 100% a week, 10-20% would be more likely:)

I agree with most of what you say, though I think that the mental part is most definitely the hardest one to overcome, the chart reading is relatively easy after some time...

Sorry to disappoint you but that is the definition of a beginner. many of us who have been around for some time initially have had good streaks with trading, inevitably followed by disaster once the market structure changed. I hope for you you will be the exception but I doubt that and I...

I, obviously, cannot predict the future, so why should I try? it was not so obvious to me before... what I can do is follow the present and if the future tells me I am wrong than it will likely mean that the new present is different from the old one. convoluted? obviously!

hint, hint: Waggle dance - Wikipedia

think of a bee and look at a chart...

Not sing the song will get you wrong but to stay in tune will give fortune just watch the time and stay in rhime the bee will sway each every day at first she moves in little grove but when time right she will take flight just you know this follow her please as bee still sway when fly she...

by the way the above is true for Italy alone, other countries may have different way to treat capital gain, for instance in Switzerland there is no tax on capital gains if these are considered as personal capital management, but if it becomes a significant part of the person income than it may...

I am no Tax adviser but to my knowledge (and that of my tax adviser) you should pay income tax on your job income if you have any (I do not) and pay a flat 26% on your capital gains from trading. in fact if you trade through an Italian broker the 26% is automatically deduced from your gains. I...

I honestly do not see the OP point, if you make enough money trading (100K$ or M$) it is not such an issue to pay taxes, in Italy for instance you pay a flat 26% on your gains, nothing more...

As for RN I guess he got fed up of all the rumbling and fighting in the forum by so many people with the truth in their pocket...:D

I see your point, there is not much to delete as the only things that I keep are snippets from this and few other threads, for the rest I have a clear enough picture of what I need to do to move forward and it is not in any text book (I think, since I never read any). As I said in my previous...

I don't know where the two markets are heading, up until now they have been moving up, but tomorrow is another day and anything can happen. I would not enter a trade in neither of them at this time.

buy low and sell high is the obvious but, and this is so obvious that is often overlooked, you need experience to recognize what is high and what is low. Moreover, you need another kind of experience, way harder to achieve, to actually do what needs to be done as knowing the path and walking...

read the chart I can do, and well enough, I believe, but it is not enough as the correct action, as dictated by the chart, must follow.