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Just like most people compare trading/investing to gambling, there is an element of gambling/chance/luck whatever you want to call it in everything always. Intelligence is so relative and I'm pretty sure most intelligent people disagree on what the definition is. Fact is though, that...

I find it a little strange that you can't find setups. Perhaps you should look at more than 1 time frame? Many books talk about this and how it can help. I think these past couple weeks shows why it's wise to come up with another strat that incorporates RTM strategy. So many days I catch a big...

If you have mastered trading or can't think of anything to do when the market is closed, man I feel sorry for you. Every time I hear that saying, "When you retire, you'll get bored!" my blood starts to boil... I know for myself there are 1,000 other things I'd rather do than work. Think...

Total Options PCR is very low (ET is long), time to short.

I lose money on ES trading For the past month I make more than I lose though.... By the way the answer is (F).

No... Total options PCR (Not just CBOE) - Very Bullish Smart money (commercials) - Fading the trend Total TRIN - Very Bullish Tick - Very Bullish DJI Money flow - (recently) Negative Sentiment surveys - neutral/Bullish Now, where we are headed again?

Yep, been short since 6:00 am central. I don't believe in head and shoulders, but I did see a TL break. Hope we actually go somewhere instead of in circles. Save your call, and the banks can do whatever the shit they want, price still makes us money man.

Successful troll is successful.... The mod's should just delete this in order to control it, so if they allow it, the skys the limit...?

He only says the market dead cause of a narrow mind. To make money in market you must be flexible. Market will go wherever the most money says it should (makes sense cause that money comes from the minority right?). Manage risk on whatever your idea is and you will make out ok.

You must do what you can to eliminate this. If you have positive expectancy in your system, you will make money. You can't win all the time (yes this is hard to accept), but you must remember there is almost always tomorrow, and the next trade.

You've been sitting out since the 26th of Oct?

Close like crap? http://www.reuters.com/article/2011/11/04/us-groupon-idUSTRE7A352020111104 Lmao.... sure, second in history only to Google = crap. I didn't trade the stock but that's a funny analysis.

That was hard to understand, but this doesn't make any sense. To exclude the public would mean less profit potential for everybody, however you want to look at it. The big banks love stealing from the general public. Why would 'the big boys' want to exclude us? Second, income from trading...

Is there anything that can do this in the non-fiction world?

Equity curve as of 31 Oct 11. Still trading. Going to try to create more of an edge for myself. This curve is basically trading based on discretion (I will admit to attempting to use the volume at price points to determine entry, and exit, but it was all based on my judgment, so it wasn't...

To each his own. I (and most) will never tolerate a 60k drawdown. Esp since your extreme R:R is 3/2 ~ (60k/40k)? Even if you weren't scared of blowing your account out, you don't seem to have thought of "what if I'm wrong?" Then when it keeps going, and going, ... What do you do in this...

Can you pls explain this? I guess you mean that a technological revolution will occur because right now all the incentives are based on industries that don't create anything (financial) and this is not sustainable?

Gold and Silver will be the next bubble the way people are talking about them. We've already seen micro bubbles in these commodities...

Yea I tried to short into this too, but per the usual we zoom right up into all the buy stops, and the market winds up + 30 points... PRE-F***ING MARKET! I think I might start taking trades based on the opposite of my intuition.

*Sigh..* 10.6k Taking a break.