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  1. J

    YM Traders

    Screw it, you know what, I'm going to start my own thread when i start trading aimed for people that are new to trading, and keep all these people that love to hate out of it. I'm sick of idiots who love to make it sound like you don't know anything. I guess I'm just another one of those...
  2. J

    YM Traders

    Scared money... it isn't scared money. This is a part of a "SYSTEM" I guess you could say. The thing you just argued.... do you have a damn clue what you are talking about. Why are you on this thread, specifically to piss me off? Are you related to porgie? jesus, the haters just...
  3. J

    YM Traders

    Someone please define for me what a system is. A 5 point stop loss, is a system. Am I the only one thinking today. Where did all these idiots come from... it really is pissing me off now. Of course there are systems that are profitable. But unless that system is automated, it is...
  4. J

    YM Traders

    I'm willing to lose $100 in a day. If I lose more than that, I was obviously not having a good day. I'm funding my account with $2K I can't even afford to put 5k in an account. So with all my paper trades, I'd already be around 20k, but again, only paper trades, that this guy has advised...
  5. J

    YM Traders

    Well, I'm going live next week. I have no evidence that I am going to make bad trades. Why, because I have yet to take more than one losing trade in demo. Now porgie, you are annoying as hell. You think I'm "Just another one of those newbies". Well i'd hate to be cocky, but I'm not...
  6. J

    YM Traders

    Hard for me personally to read your charts. Maybe a bit of color could help, I'm used to identifying resistance as red and support as blue. Plus you have the trendlines which interfear *I know how they work, but just too many for me to figure out* I'm still new, so, my opinion probably...
  7. J

    YM Traders

    http://img119.imageshack.us/img119/8139/snapshot298ts.png I got home at 3 exactly. Went long, but had to leave soon because of an accident with my sisters dog. Mentor suggesting being short so I reversed and my stop was hit right before I left. I should have remained long anyways so my...
  8. J

    YM Traders

    Oh yes, I agree completely... BUT........I have never indicated in a single post of mine that I would take profit on the first couple of days of trading. I like pointing out potential profits on the majority of my charts. 500 - 750, I must tell you, I'd be beyond happy if I was able to do...
  9. J

    YM Traders

    3 Trades... http://img372.imageshack.us/img372/8213/snapshot284sk.png Again, simulated trading... also tired, but still pretty nice. Very easy to identify support and resistance, I like that. Support and Resistance was all that was needed for this. A few lines and that was all...
  10. J

    YM Traders

    Thing is... i'm not aiming for scalping. I'm aiming to swing trade. I have not had any problems trading. If I do get gunned, it is completely my fault, not my mentor's. Because I have learned sooooo much these past few weeks, more than I have ever. So, it will be known within the...
  11. J

    YM Traders

    Just keep it simple... control your emotions. As for your second question, I'm not knowledgeable of what you are asking, maybe someone else can handle it. Good luck to you.
  12. J

    YM Traders

    He has never emphasized "scalping"... actually swing trading support and resistance. And one of the people he is teaching right now, he is having problems and he is extremely emotional. And there are several members on this forum that use support and resistance and have even been able to...
  13. J

    YM Traders

    This is where knowing who is in control helps a lot, knowing the possibility of a breakout. It is always possible, but you just have to trust support and resistance until there is real evidence of a breakout... until then, I'd just suggest taking profits. BUT, if you think there will be a...
  14. J

    YM Traders

    Yeah, like I said, I'm very fortunate to have someone to help guide me all day during the middle of the trading day. And correct me. EDIT: Also, I have experience in real trading. It is very different. That is why I don't believe in paper trading, but it is the only option I have to...
  15. J

    YM Traders

    Wow, sorry djxput... for some reason, I'm not used to many others replying except Volente. So I appreciate all the questions and for the comments. I think I had way too much caffiene today :) Thanks again.
  16. J

    YM Traders

    Thanks. Problem is going to be when I get my real account open. I am excited to do so. But the last hour of the day... it is sometimes very "crappy" certain days. Sometimes it'll just hang out in the middle between support and resistance, and then i'll screw up trying to trade it. So...
  17. J

    YM Traders

    When yesterday or the day before hand offers good support and resistance levels, I use them. They might not be right on, but they are close. But if you look at my above post... you can see that it looks easy, but in the middle of trading, it took me a VERY long time to identify those areas as...
  18. J

    YM Traders

    http://img227.imageshack.us/img227/1305/snapshot237gz.png EDIT: once again... made another error. 590 should be a Major Support line drawn. Not 580. Also notice the pullback at around 9:30, I have seen that formation MANY MANY times before, and love to trade it...
  19. J

    YM Traders

    Thanks for the questions... made me think about what I did. #1... .... that trade wouldn't have been possible, I don't know what happened there. It should actually be at 14:00, because I got home right around that time and my mentor advised me to sell, because sellers were slowly gaining...
  20. J

    YM Traders

    http://www.incrediblecharts.com/technical/support_resistance.htm Not as detailed but still good.
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