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Reversals are not part of the rules :D But you may immediately exit with a 2 cent commish loss if you wish. peace axeman

OK... here it is as a gif. Good suggestion GG. Lojze, let me know if this is ok. peace axeman

Ok... after discussing this with inandlong, we decided that I would start with some trading scenarios. Here is how it will work. I will post a 5 min chart, with some basic indicators on it, containing 4 days of data, along with the matching futures data. NYSE stocks. The 5th day...

Didnt see your reply before I finished mine. Yeah...they have some similarities..... but I didnt see any mention of futures or technical stops in your post. peace axeman

Come to think of it... Attempting to explain what to do with a random entry is almost pointless. There is far too much information missing. You end up painting 1000 pictures, and an answer to how you would handle each picture. inandlong, maybe you could post an example entry with...

Ok ok, ill bite. Random entry.... man..this gets crazy complex real fast. Start with an immediate assessment of the stocks relative strength to futures....but first... If stock is following futures.... - If yes.... are futures currently going down? - If yes...bail. - If...

Wow.... we have a "High Genius" among us. An IQ of 175 places him above: Charles Darwin Wolfgang Amadeus Mozart Nicolaus Copernicus (Estimated IQ scores) Should be a billionare in a couple of years, no? :D IQ scale ------------------------------ Average: 85 - 115...

Yeah, no kidding! Punish the ass kickers with high taxes and reward the slackers with low taxes and benefits. Great concept there. I like living in a nice and safe country too, but I think I should be able to get this for less than a 50% tax rate!! And that only includes state...

Daniel is being sarcastic. Check some of his other threads with vlad. :D A formal education is only ONE way to get educated, not the only way. Some of the brightest people I know have no formal education, or only a highschool education. peace axeman

I am determined and anyone can play basketball as well as MJ. If you fail, then you didnt want it bad enough. :D Truth is.... there are plenty of people out there that dont have the IQ/emotional control/discipline/whatever that it takes to make a trader. No matter how hard they try...

Some of the time. Knowing when this is the case and when it is not.... Ah well.... :D peace axeman

Good point. Today I reviewed my trades and decided that I traded DAMN WELL. But I lost money. So in my case, I think its the current market mismatching with my style. 2 days ago, I made huge errors, but made money. Luck + market matching my style. Its the averages that concern me...

These last few weeks have been very tough. Im happy just to be slightly positive. Zero/rare follow through...very tough for my style. Hang in there. Should balance out soon. (Famous last words :D ) peace axeman

For the record... im in my mid thirties. I make a great living. Im very comfortable. I have it better than most of my personal friends. But I wish to switch to trading fulltime. Ive been trading about a year now and am profitable. However, not enough. Still learning. As for the...

Finally...someone speaks the non-PC truth. I have a bunch of friends who always love to say "money cant make you happy". Ever notice how the people who always say this are the people that dont have any money? :D They are all just trying to make themselves feel better for their...

I think your dead on with this quote. Which brings up another interesting question. As a new trader, how do you think your going to beat all these guys ahead of you with YEARS of fulltime experience? :D You ARENT! Ding ding ding... thats why it can take years of losses before you...

A friend recently asked me why I thought that the vast majority of people who try trading fail. I responded with the questions: How many people do you know of, that could lose money almost every day for a year straight without giving up? How many people would try this if they knew...

This contradicts reality. There are plenty of full time, retail, traders here making money without orderflow knowledge. Yet, they have an "edge" of some sort. I know nothing of order flow. I make money. :D peace axeman

Weeeeeeeeeeeeeeell, When I first started trading, a winning day was rare, a winning week even rarer, and a winning month non-existant. Now I just consistenly win over the longer term. Sure I have losing days...but my winning days are about twice as large. So I guess I do have an...

The deadliest of sins... Trying to play Quake Arena on monitor 1, while trying to scalp IBM on monitor 2, while watching some web cam porn site on monitor 3. :D peace axeman