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  1. M

    Why do traders still use lagging indicators?

    It is a waste of time telling a religious person that god doesn't exist. What they believe is up to them. The danger is when they try to convince others of their erroneous beliefs and lead them down a dangerous path.
  2. M

    Looking for an apprentice

    You are being malicious. There is no marketing taking place. Having been in a private thread setup by J_S, there was no request by J_S for a fee. The purpose of communicating within a private thread is to exclude undesirable people like yourself.
  3. M

    Why Is The Obvious Not So Obvious?

    I'd be very suprised if anyone on ET has not experienced a period of stupidity and ignorance leading to an eye watering loss. My first venture into share trading was around the year 2000, which was in owned shares. Initially there were modest gains and losses and then I had the bright idea of...
  4. M

    Roulette Wheel Game

    This clarifies the game for me, so I wouldn't play unless the bet size was reduced.
  5. M

    Very simple trend-following set-up

    I don't use indicators at all, whatsoever, no need to, common sense says not to do so. If that offends you then that it an issue for you to deal with.
  6. M

    Very simple trend-following set-up

    Moral of the story: read the small print http://www.independent.co.uk/news/world/europe/read-the-small-print-credit-card-user-sets-his-own-limit-then-sues-bank-for-closing-account-8753602.html
  7. M

    Very simple trend-following set-up

    So on the basis of the recent divergence between price and OVT for RRC would you taken that as in indication that price would rise? Clearly that scenario didn't follow through as the PVT has since dropped and the divergence is no longer present RRC has an earnings release on 25th Feb, so as...
  8. M

    Why Is The Obvious Not So Obvious?

    I did see that programme. In the UK there are some schemes to remove some road markings as they are thought to make driving more dangerous even though they were originally placed with the intention to make driving safer. Seems to me that there is a parallel to various trading methods that many...
  9. M

    Why Is The Obvious Not So Obvious?

    Thats very true and things can happen out of the blue with no warning. In 2013 a friend of mine at the age of 50 had undiagnosed diabetes and high blood pressure which caused a blood clot to develop. He suffered a stroke and was initially in "locked in syndrome", only able to communicate by...
  10. M

    The student is ready

    Me too. I was just curious and a little mischievous in asking the question.
  11. M

    Prudent Risk Management Is The Only True Edge In TRADING

    Having made a decision to go long or short is just one step, surely the next step is to manage the risk by waiting for a low risk entry to occur.
  12. M

    The student is ready

    I got the impression that the TFF group were invincible traders, sharing secrets supporting each other. So why (as Time=Money) did you take a break from daytraying, financial meltdown, personal issues, other prorities, better ways to spend your time?
  13. M

    The student is ready

    No problem H, I'm always openminded and curious but without evidence being supplied I tend to do my own investigations to validate an idea. There is a chap here who you may be able to help...
  14. M

    The student is ready

    You don't happen to have a daughter that needs marrying off by any chance? :sneaky:
  15. M

    The student is ready

    I think that on this occasion that you are the one being insulting. Especially so as it doesn't require much in the way of education to understand the derivation and use of indicators, the mathematics that indicators are based on is trivial. In fact I rejected their use after doing my own...
  16. M

    Oil : Oversold Indicators

    For day trading I use my own intelligence with direct observation of price action, naked charts, MTFA. No indicators are ever used for real time trading although charts are annotated with straight lines. It is very important to be aware of the timing of market announcements as no indicator will...
  17. M

    Oil : Oversold Indicators

    Now come on don't be so stupid - no one with any sense will use indicators.
  18. M

    Prudent Risk Management Is The Only True Edge In TRADING

    At the moment I'd prefer to stay with my own plan, but thanks anyway. I daytrade EUR/USD using an account with FXCM. Care is needed trading that as yesterday volatilty kicked in at about 1:30pm GMT, but there was nothing on the calendar to be aware of it in advance.
  19. M

    Prudent Risk Management Is The Only True Edge In TRADING

    I was watching that programme too, in my opinion its wrong that the man had to go to Switzerlandand and pay £7000 in order to carry out his wish. I count my blessings too that I'm fortunate to be in good health as there are some people that I meet who are not.
  20. M

    Prudent Risk Management Is The Only True Edge In TRADING

    I'm sorry to read those words J_S, but I expect that you will return. FWIW there are just two recent people on ET whose posts I would make a point of reading, you are one and I'm sure that you know who the other is.
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