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LOL. Someone who helped me greatly in getting over the hump once told me..... the world is filled with losing traders who still think they know best - don't be one of them.

It does look like a blowoff phase coming. How long, how fast or how far is anyone's guess but I hope it's long and far because that will make it even more fun to trade it on the way back down. I've attached a chart that you may find interesting.

Reminiscent of all the business and political shows that have a "panel of experts" that almost always consist entirely of clueless journalists. I couldn't disagree more though about the so called 'edge". If you're pressing the buttons yourself you are a discretionary trader and therefore...

That really is an excellent exercise to test and hone your trading skills, and something that any skilled trader would gladly demonstrate.

I thought this chart might be interesting. While the current stock market bears no resemblance to the volatile bubble years, you can't help but notice the same pattern emerging today that occurred in mid-1999. Keep in mind this is a monthly chart.

Based on personal experience and that of others, I'd say you are being very generous when you say "a little nervous". A premature need for adult diapers might be more accurate....:) The only way to overcome this is to work at as you mentioned (it has absolutely nothing to do with methods)...

Partly true but it has nothing to do with an edge. You can flip a coin for entries and still be profitable if you know how to trade. While there are myriad options to employ before you get your fill, once you get your fill the game is the same for everyone.

This matches my experience as well from both a student and a teacher. You need to learn how to read a chart properly (methods), then you need to learn when to trade (environment, and mostly applicable to daytrading), and then the most difficult aspect which is learning how to trade that...

I've yet to meet a successful trader who is the least bit arrogant. The same can't be said for, um, aspiring traders.

IMO a chart is a chart. What I look for in a market is liquidity, volatility, contract size/hours, etc. I love to trade the currencies but I would never trade them exclusively because you're limiting your opportunities. With futures you can trade currencies, bonds, commodities, stock...

I agree 100% but I think you're being kind when you site the lack of a closed system as the cause. I believe it's due more to a lack of experience and the skill that comes with experience. If you risk what you're trying to make you need to run >55% just to breakeven (not including...

NQoos doesn't trade for a living, never has, but I don't believe he is what you described nor were his intentions malicious. However, it's difficult to help someone else when you don't what you're doing yourself.

There always seem to be threads like this on these forums where people confuse methods with Trading Skills....screen time with Market Time.....simulators with Real Dollars. Learning how to read a chart (methods) is one thing, learning how to trade that knowledge is another matter entirely...

Agree 100%. When volatility increases get more aggressive and vice versa. It takes awhile to develop these skills though so you're going to need to be patient with yourself. 6 months is a very short time in the learning how to trade process. Also try and think about what a market is doing...