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Always a pleasure to read your posts regardless of where they occur. I hope as always to be able to contribute in a positive way if I can, and if I inadvertently rehash/ or reboot something its always sorry in advance. Looking forward to being here after a small trading hiatus while renovations...

I view it is a reflection of what 'is' actually happening, as opposed to 'what' was happening. eg: for a trend line that was going down.....when it breaks, the previous lack of demand/or extra supply (or how ever it suits you) has changed....so be aware that what was happening has potentially...

I hope not too off topic but think of these examples - they are extreme, but think of how this same thing can occur in simple trading. ...anorexia ....self harming ......compulsive gambling when you know the odds are stacked against you. .......anxieties cause stress, raise blood pressure...

I use range bars on FX to simplify what I am looking for. Price levels. Then at those price levels you can look for more focused detail on what happens at those levels....in which case a tick bar or 1min, or what ever suits you. The reason for range bars for me is I see the bigger...

You basically have to retrain your desires/thoughts/expectations etc. Sheer will power is not going to work as it is of limited capacity, and practice is different to training. As a suggestion.... take the idea Nodoji gave you... "You see a valid setup and it signals a trade. As soon as...

+1 Hey I only had a 50% win:loss ratio on my way to 'home neurosurgery' - dont tell anyone, but I finally found the secret....become a lawyer, then everything is 100% correct, I get paid, client wears the consequences. //////////////////////// ....for those so inclined for sporting...

Sorry my mistake.....I over slept and forgot it was meant to be up rather than down....I will get the elves onto it asap and fix it. (Damn offshoring so and so's always manage to mix the up and down buttons.)

LOL...reminds me of a story a friend told me. He was trading and living in Australia, working for Merrill (I think) and the time and rang up the Goldman desk in New York to query a fill he was given on an ADR trade. Q: why was my fill 10c over the posted high of the day? A: I am looking...

If you have already considered that a trend is going to occur and you are waiting for a pullback to trade then yes. Unless you have a different extra set of rules to apply to pullbacks....but then you will have exactly the same problem. You will miss some trends - this is the trade off...

1...just go and start knocking on doors. 2...learn from what they tell you when they laugh and scoff and say 700% - WTF. You need to have slick answers for exactly how you did this. Doors dont open automatically. Like trading its a numbers game. 3...ask others who work at the firm - would they...

'get every loser' - a poor way for me to explain...sorry. Basically....if you take every trade that pulls back you are guaranteed to get every single trade that ends up being a loss.....and yet you will miss out on some of the winners. Whereas if you buy breakouts you will also get the...

It is a simple trade off. Trade the breaks, never miss a trade, but probably get whipsawed more often OR wait for pullbacks, get every loser, sometimes miss the trend and yet possibly get whipsawed less often. ....when a market is trending, or has enough potential upside to make multiples...

When someone wants to pigeon hole you (your trading style) they will want to bench mark you against something. The MSCI World Index, the S&P, cash rates..... They still do it even if you are a 'hedge fund'. So what would be your benchmark? Its one of the few ways they can tell if you are...

Its not problematic - its just how some people are. Some people want things to be 'given' to them. They dont want to 'learn.' IMHO This could equally be applied to the weight loss, positive thinking and management consulting industries. The same reasons why scams will always occur....people...

A question.....currently you are trading for intra-day moves. but you end up scalping? If so stop right there.....and as others suggest develop a plan for either scalping OR trading intraday moves based on what you want to do. If you scalp with a profitable tested plan and watch the markets...

Usually if you wish to compare countries, funds etc....then you should compare them to similar type entities/vehicles/structures. Then you also have to factor in what is the return relative to the risk. This way you can asses questions like "Am I willing to take on this sort of risk to achieve...

so the only way to blow up is not be able to raise more cash because you did not use stops and have margin calls???

Do you want technical risk v an overview of risk? eg; http://www.amazon.com/Against-Gods-Remarkable-Story-Risk/dp/0471295639/ref=sr_sp-btf_title_1_4?s=books&ie=UTF8&qid=1388767862&sr=1-4&keywords=risk Even the black swan and Antifagility books are good reads for a different approach...

it was a bit tongue in cheek :) But there is value in it - make it or go bust trying, better than slowly bleeding for many especially if they learn nothing. Sort of ironic that you really have to be a 'great' trader with small amounts of money but can get away with being an 'ok' trader with...

What is the product you are offering? Does that product require the normal regulatory checks? What are you then offering in return? Unless a lot of these are offered legitimately, what you are suggesting is often referred to as a scam......and so yes....lots of people have actually already...