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Actually,...I think it looks quite bullish. Looks like a bottoming pattern with a new UPTREND about to start. Only reason to short here is if you think there will be a reversion to the mean. Clearly the weekly, daily, and 60 min charts are all BULLISH. All 3 time frames have bullish EMA...

I was thinking the same thing. This is absurd that people think this is a realistic goal for a year of trading. If this was done once by neke it was done with very high risk. Neke may have gotten lucky to do that in th epast and now he is getting unlucky and losing it. I wish him well but to...

How many more ways do you want it to be said "the technical reading of the market" is BULLISH

OK... Your testing is flawed! Good luck reinventing the wheel. I will ignore your thread now.

I'm not sure if maybe I am misunderstanding you but I think it is obvious it says GO LONG.

Also notice that your system of no stop in place is forcing you to ride your losers and cut your winners short.

Looks like you got hammered on SINA as well. You more than DOUBLED your losses on this trade today. "Your best loss is your FIRST loss"... You have a POTENTIAL with your system. The way I see it all you need is a little tweaking and you could be profitable. This method you are trading...

So how is that working out for you? Like I said,...I have been in your shoes. YOU MUST TRADE WITH A STOP IN PLACE ON EVERY TRADE THE MOMENT IT IS PLACED.

I completely agree that you should trade based off of TA and that it precedes the fundamentals. However, my point is that TA showing a bullish market in the scenario of world wide massive debt is NOT necessarily a Bullish market to be thinking everything is peaches. This could be the...

BTW,... with the market being bullish it could also mean that major market movers are viewing this as the time for the beginning of hyperinflation because of massive world wide debt. In that scenario the market would go higher but dollar and euro purchasing power would be diminished. Bottom...

Realize that what you are describing does NOT mean the crisis is over. It simply means the major market players dont care about the impact of the European debt worries,.....for NOW. I agree charts are bullish but I dont think you can translate the TA into the Fundamental analysis that the...

You guys realize that I have similar issues with trading urinals. I have been able to spend less time being irritated on here and actually respond to the normal threads by just ignoring him. Bottom line is that you are fueling his posts by responding. If no one responds then he is talking to...

You are trading with FEAR. You have no clue what you are doing because you have no system that has a proven track record. I suspect you have not even done backtesting. Quit now. Go develop a system that you know has an edge (even a slight one). Then sim trade it and build confidence...

You obviously did nt read my above post. You need some education before you start swimming with the sharks. Take your losses and go read a few books to understand what you are doing. If you continue down this path you will be broke before Valentines Day.

ROFLMFAO!! Get out while you can. You are in WAAAY over your head. Go back and learn to trade in sim acct before trying to juggle Nitroglycerine bottles.

Good luck with that. I think you are playing with fire and will likely have HUGE draw downs on your account. Right now you have been lucky. An acct with 58% winners and where losses are nearly 2.5% of your capital is going to have major draw downs....ESPECIALLY one with 400 trades per year an...

The same could be said about people that "predict" the "market will tank" based on "known" and 'unknown" factors. If it is known it is alreay factored into the price.... Trading is NOT about predicting anything. This holds true whether you trade based on charts or anything else like...

I have been looking at a number of trades in your journal and have a few questions and comments. It seems as you said earlier that you are doing a RTM type style. Why do u not use stops? Many of your losers are around 2.5-3% of your trading capital. When i loook at specific trades when they go...

Realize that his funds seem to charge a 1.25% expense ratio (yearly fee). So this value fund that has barely outperformed the market is probably underperforming when you take the 1.25% expense into account. If you want to keep up with the S&P easily join Fidelity and you can choose a number of...

Holy thread resurrection Batman!