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I'm curious why you settled on 1 point versus 1.5 or 2. Is it because of the increased chance of being stopped or are you planning on going live with a 1 point stop?

In "A Strategy for Daily Living" Ari Kiev has a daily checklist. Several of the points are important for people on this path: 4. Focused and informed activity reduces fear and anxiety. Study of a task and the actual effort of testing it lead to knowledge. Remembering this will take the...

I'll just keep posting quotes as I post charts... I have no idea who said this but "conceive, believe, achieve". For a lot of people I think the belief part is the most difficult. Here is the daily chart. The mean of the green channel is around 3425. That should be the logical downside...

They seem trading related to me.

I'm not sure if its the immediate downside target but on the daily the mean of the green channel is around 3425.

I'm a quote guy. I have a wall in my trading room with quotes I have collected. I've kept quotes since I was in high school. I think that often we see ourselves better through the lens of other people's words. On the top of my wall is the quote that I love the most. It's by Tom Waits. He...

I'm familiar with this study. It's a little bit of a semantic distinction. Cancer is generally only devastating because of its ability to multiply. There have been a number of studies since then and a mountain of anecdotal evidence that it inhibits cancer cell growth, induces cell death in...

Cannabis has almost zero health risks. It doesn't cause cancer even if smoked chronically - in fact it might cure cancer. It doesn't kill brain cells. It isn't a gateway drug. It turns out that we have an endocannabinoid system. Endocannabinoids and their receptors are found throughout the...

DP is giving helpful advice in SLA threads now. If he can move on and try to actually help struggling traders perhaps you should too? i think you'll find that geography isn't a meaningful variable in this but I'm not an insider and don't know where people live unless they state it. I'd be...

Do you only talk to people in bars?

I'm not big on not being honest about what I do. I used to be a professional poker player and when I told people this I got a few different types of responses. The first was "how can you make money doing that"? The second was "wow that's so cool"! The third and the only one that struck me as...

Not sure if this is rhetorical but 3600 or there about looks like the next stop. Of course anything can happen.

Don't forget the North West, Spain (western maybe?), Ireland (western - not sure), East Coast (probably they live either on the west side of their town, the west side of their street or some portion of their house faces west). Conspiracy uncovered...

http://upload.wikimedia.org/wikipedia/commons/thumb/4/4f/Map_of_USA_Midwest.svg/350px-Map_of_USA_Midwest.svg.png For accuracy... or did you mean southwest?

I have a psych professor in college whose job for a few years was to administer IQ tests. He said his IQ now measures at 180 (perfect score on most IQ tests). Practice makes perfect.

There is something called selection bias - namely people who score well are more likely to post their numbers. Also - IQ tests measure how well you can do on IQ tests.

I tried to draw a meaningful channel on 6E. From my perspective it looks like the mean was the smaller dashed line in the middle and after the new low on the 20th the mean basically moved down one rung on the ladder. The low of the channel has become the mean and the lowest dashed line is now...

Curious who said this? Here is one for the gurus :) "This is the true joy in life, the being used for a purpose recognized by yourself as a might one; the being thoroughly worn out before you are thrown on the scrap heap; the being a force of Nature instead of a feverish, selfish little...

If you made it deep into that thread I imagine you have the fortitude to make it as a trader. Welcome. If you haven't looked at the pdf- it is all you need.

I'll play. I've never studied the ES and this took me about 5 minutes and I've been drinking a little. Take it for what its worth. You may notice that on the the monthly chart price never makes any progress above the mean of the teal channel. On the weekly this is "corrected" by moving the...