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Judging market environment when considering taking a stop loss rather than a predetermined stop loss ..were you right on direction but as it turns out just a bit early ? There are so many things to consider and to be prepared for. All the way from how you've been feeling prior to the trade and...

Looks like you gotta go back to novice all over again. you've been at it several years and you 're losing now? Its gonna be tough giving you advice- hate to see anyone that put in several years effort lose so dearly. You'll be able to identify with Livermore's experiences ...made it , lost...

I've been thinking the same thing recently. I 've been told that its too risky and "couldn't you find something with more stability or a more dependable income" You could just say that you are well off and live from capital gains- which isn't really lying and she'll think you're talented...

Being consistently profitable isn't bad- trying for the entire move increases risk and could change our success rate. Trying for home runs is risky. I have the same experiences as you with exiting too early but then on other trades the same startegy gets me out just in time. So I am...

I,ve been at it nearly six years-every day. It takes time, like an art . Your worst enemies are those that try to discourage you- if you are day trading try using a recorder or simulator to help develop your hidden talents. Oh ya, I almost forgot...you can't do that and most of em go belly up...

I think they go well together- at least you know why the technicals are taking shape in that case but I'd probably wait for some sort of technical confirmation - I regularly look to the economic data that comes out weekly and crude stock inventories and so on , i don't think they should be...

Hi, there is a decent news agency by the name of AL JAZEERA which can be found on-line. This one gives a different perspective of events worldwide including timely unfolding of middle east events.

Hello, hope you're finding the books that you need. I have ECONOMICS-THEORY AND PRACTICE, SEVENTH ED. there is also a study guide that accompanies authors welch & welch I bought them at amazon THEY ARE BASIC as in late high school early college:)

Hi there , well I think that there are plenty of good trading books out there . Here are a few titles that I like : The Undergroundtrader.com Guide to electronic trading-Jay Yu Books on technical and intermarket analysis by John Murphy and Martin Pring Secrets of economic...

Read plenty of books on the subject, get a good simulator , don't try to go cheap- you'll just end up paying in the market, avoid people that are negative , you'll need a positive mindset. You are a smart person so if you are persistent and patient while limiting distractions - then you will...

I thought I saw him at a local shopping center trying on a pair NIKES ....didn't another fella recently die that way while in prison for war crimes ???:eek:

Would you call for that rally again:D

I think the qqqq would have to go to zero for you to lose all your moola and there is no expiry whilst the nq would eat margin money and it does expire.

Many chartists use RSI (14). Looking back as far as 2003 it is difficult to find a time when divergence did not forecast at least a small decline in the CL contract- like rain clouds , you know its coming but not exactly when . Shorting oil for longer time frames could be costly, you'd...

Would a pause in interest rates in the near future stimulate the economy or would it take a decline in the interest rate to do that ? This slowdown likely began during the 4.75 and 5.00 percent area, we're now at 5.25 , possibly heading toward 5.5. I think Merrill Lynch was saying that...

Good thread...If you are making money at something then stick with with , its the bottom line. Although learning about new approaches is where the journey begins anew.:)

HHMMM ...Ouija board :)

Hi , I hope that I don't come off sounding condescending. The underlying commodities that affect metal producers were in bull mode at the time of your post. The supply /Demand for titanium will give an indication as whether or not to trust your technicals...technicals are good but they are...

I had a similar problem when I was with Ameritrade Canada. I would try to log on or access certain features and would get a caption telling me that only one user had the right to receive the data- and I would therefore be denied access. (LOGGING OUT SOLVED THE IMEDIATE PROBLEM OF THE...

What's it like to trade from there ? I hear Chile has done well in recent years. Its such a loooonnng country !!:)