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  1. J

    Brand new traders..........read this

    Wow, this is by far one of the best posts I have read lately. Thank you!
  2. J

    canadians: what do you do with your USD pay?

    USD? That aint money, that's good kindle-paper for bon fires :p
  3. J

    5% - 10% profit per day trading

    Trading "extra hard" is not how you make good trades (or good money ;) Should be effortless...or else u need to step back buddy. Go for a walk, take the day off. trust me.
  4. J

    Greg's Forex Journal

    very good start buddy... 1 min-5 min charts tend to be noisy, don't listen to scalpers, they are completely random. Keep workin and swinging the 15 min charts ;)
  5. J

    Remember the youtube trader blowup from one year ago today?

    Poor Chap. Shit happens, especially when over leveraged =( Hopefully he's doing better now.
  6. J

    Do You Think Trading is Gambling?

    Trading is the cousin of gambling, just accept it. Accept it and learn how to adapt. In fact, waking up and trying to succeed in anything is a gamble, because you do not know the outcome, especially in this shitty economy. Everything has it's risks. Speculation is when you define risk...
  7. J

    You know how people fail and regret it, You Should Never Regret it !!!!

    50% of restaurants fail. 90% of traders go broke, to the point where they give up. Which is failure. Both are risky I would say. Hell, just about anything is risky. Ever go snowboarding?? Or just walking down a set of stairs... shit happens, pick up the pieces, and fix what was...
  8. J

    Are you fulltime trader?

    By the way. . . Doctors don't make good traders (generally speaking). They are better "investors." They get married to their positions. And I wouldn't trust a nobel prize winner with my money either...intellectuals think too much :D
  9. J

    Are you fulltime trader?

    Tradersboredom: That is simply not true. Sir, was Richard Dennis a doctor before he started trading in the PITS? No! He worked at the CME as an order runner at age 17, that's right, real academic =) I remember reading his dad give him his seat on the exchange once he turned of age...
  10. J

    Filing taxes as a retail trader

    Send your taxes over to my business, family owned and operated since 1946 :D $300 per return, covers investment, trading, normal income, and other credits. Or just get yourself an accountant, seriously. Don't mess with uncle same, because he will AUDIT your ass :eek: (I hate taxes!)
  11. J

    Any Good Day Trading Methods/What are good Returns

    The less risk you take, the smaller your return is, usually. The opposite can be argued as well, because in the long term, the traders who trade small end up surviving to make more in the future (with a LARGER bankroll). My bro is up 800% (newbie) but he has some unseen talents as well...
  12. J

    If most daytraders lose money, then...

    Wow, this is by far the best advice to give to ANYONE. "Day trading" is pure gambling. 1 min trends can easily be punished by size. I started trading big 60day 10min charts and I get bi-weekly signals. Fooled by Randomness... the first time trader gets caught up in the action, and it's...
  13. J

    Little Lex's YM Daytrading Journal

    I already found the grail :D (revised 2.0 version) And my target point gains in FX are now up from 50-100 to 200-500... I even had a sell signal in ES futures for 100 points! I don't trade ES-but it would work for futures, stocks, fx-or whatever you trade. Lex: the key is this, bigger...
  14. J

    Selling my system

    20% a month, is that IT? I have a buddy who scored 800% on his fresh new account in his first 3 months of trading... do the math... 800/90 days (roughly)= about 8.88% a day. In futures and FX it is quite feasible to nail 100% + gains, so why would I want to make 20% peanuts? Richard...
  15. J

    Average down disaster

    It's cheap for a reason, institutions don't want it :D Just. Don't. Average. UP (short) or DOWN (long). I know a person, first time trader who lost nearly 20k in 1 trade due to averaging UP on a short trade...
  16. J

    Are you fulltime trader?

    Don't we all wish we were poppin' bottles, hanging out with 3-4 models... Drinkin that Patron in VIP... Rollin' around in our Lambo, Bentley, Aston Martin, etc...LMAO Hehe, it's the dream...some pretend to live it, others accept the modest life style and strive to do better each year...
  17. J

    Ivy Leaguers Ready First Hedge Fund

    Harvard :D Harvard Schmarvard! I'd rather give my money to my buddy, who has an exceptional education from a local Community College :D . . . .He's up 800% currently Can't wait to see another awarding winning "nobel prize" Boom and Bust (LTCM style perhaps???) :cool:
  18. J

    TV Show: Million Dollar Traders

    Good LORD! THANK YOU, TO WHO EVER UPLOADED ONTO YOUTUBE.COM! PRAISE THE INTERNET, DOWN WITH THE FASCIST UK TV POLICIES :p http://www.youtube.com/watch?v=gVcMCrwc9UE http://www.youtube.com/watch?v=gVcMCrwc9UE http://www.youtube.com/watch?v=gVcMCrwc9UE
  19. J

    Coming Full Circle.

    Xicaju, You sound like a decent trader and business man. I'm sure if you have a solid background and trading record, you should be able to land a prop-trading position quickly. But why are you seeking help through this website? It's a cess-pool bro :) (there are a few good souls)...
  20. J

    Bush news conferance. what a sad delusional out of touch man.

    Bush is/was the biggest f*cking idiot. . . What did he do for the US? 1. Enacted the patriot acts(s) 2. Destroyed civil liberties and wiped his ASS with out constitution (illegal wiretapping, guantanamo, etc) 3. Put the USA in the middle-east shit hole of religious conflict, because...
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