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I take your point.As it happens I am agreeing with you. You need a fresh & trained brain for each day ahead. Abberant information, particularly lots of news, can silt up the brain to the detriment of getting what you need to succeed. And as I mentioned its market skills, detailed technical...

To be honest, few get affected by a recession.Federal agents don't bust into town and publicly torture a few citizens just to make sure everyone gets the message so that all and sundry do know, without doubt, there really is a recession. If you look at the post-WW2 recessions they don't last...

There are a shitloads of people trading who, bottom line, don't really know sh*t from sh*t. Its not information. Its market skills, detailed market knowledge & experience, suitable personality & savvy and most importantly an accurate methodology.It isn't there or isn't there sufficiently. So all...

The fifth wave does work. I know that on that wave from my girlfriend she at long last has finally left. I can shut the door and get back to work trading.:cool:

Just f**king trade the market. If you can't do that, jack yourself off to clear your head. :eek:

Even now you still don't own a limo with driver! Surely not, as an oldtimer, are you just struggling to make ends meet? (Only kidding ProfLogic :D)

http://www.elitetrader.com/vb/showthread.php?s=&postid=1364672&highlight=good+night+out#post1364672

From pumpanddumper:"I just hope each day I can change some person who is dumb money to smart money." Really .. won't happen. A fool and his money is easily parted. Thats the way of the world. And the endless supply of ET noobs & wannabes tells the same story day after day.

Sure, do whatever you must do.But fear is a reason not to trade at all. 'Blink of an eye' is an impression, not a fact. The move was not vicious at all; YM is a soft fluffy touchy feely pussycat. Its soft paws are there all the time working away to help you unwind the ball of wool into one long...

Why not instead just follow the upswings (or downswings) as they occur?The upturn in the last hour (YM,Fri) was well signalled (buy). It might have been a smaller up-cycle; it doesn't matter. When you are aboard you stay aboard. You turn around your position (go short) on a reverse signal and...

Just think of all the frightened little stiffs who wouldn't gamble a dime on anything but hey they go get married. One gigantic f**kin' gamble! But the truth is this is not 20 or 40 years ago. No one gives a shit if you dump a difficult bitch. So if you've got a difficult bitch .. just...

Gates, Soros & Buffet often talk really banal stuff or sometimes just mouth off bizzare shit. Outside their undoubted financial/technical savvy in their speciality wherein they made their billions, they are no better than anyone else in their world view or in their take on the US, politics or...

The market is bulging fat and full to bursting, with points day after day after day(eg ES, YM, CL).:cool: This is because of the daily volatility which is facilitating daytrading supersuccess! This is a repeated and repeated and repeated invitation to make yourself rich.. if you have a bit of...

The only thing that really works is a comprehensive methodology, played from Open to EOD, which crushes the juice out of the days upswings & downswings as they follow each other. It isn't done by most other independent traders who prefer to do other things. But put another way, if you're...

An interesting annotation. But look at their roles internationally. Nixon. Brilliant in foreign affairs. Brought the troops home from Vietnam, started detente with China, ended the long standing Israel- Egyption crisis. Carter. A self righteous clown. Reagan. A brilliant gamesman...

This is right. Become an ace in one market (eg YM or CL) where you give it undivided focus.

'Success has many fathers, but failure is an orphan' is a well known adage. Here is the variant for trading and those trying trading. 'Success will embrace very few but failure will befriend everyone else.'

No offence, but doom callers & repeat doom callers are not telling us anything new about the economy or the world. Instead what they are really telling us is all about themselves. They are subliminally speaking for themselves, personally that is, and saying 'I haven't made it in life or I...

I'm a conservative. But while McCain, McCan, McCan't will be the Republican presidential candidate he will NOT win the Presidency. Hillary will WIN the Presidency and she will be the Democratic candidate. Now that is the bottom line in all of this.

This is only an obvious point. But the accuracy and reliability of your methodology is the key to emotional strain appearing or not appearing. Assuming a liquid futures market is being used (eg CL, YM), your signals must be precise (each time you turn around your position) and you must be...