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    ES Journal Archive (2011)

    Bloody hell no. Just the opposite. Where is your stop? That is the worst place to short. Next price 1250.
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    CL Redux

    Plan on going short 98.20. Is the "trend" still "up"?
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    Is Trading Just Guessing?

    Truly the most empowering choice an individual can make. It is a choice available to everyone, all of the time, if they wish it. Unfortunately most do not choose rationality, and therefore they choose a life of victimhood, disappointment, and failure. The great self delusion is that the...
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    CL Redux

    Thank you for sharing that, I am pleased to have been of help. If you are still in you will see I posted my take profit target also. If you get $4 from this I shall be very pleased indeed. Good trading all!
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    CL Redux

    Many thanks. If I told you my target was $93.75 on that trade with such a tight entry would you believe me?
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    CL Redux

    Filled. Is the "trend" still "up"?
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    CL Redux

    Plan on going short 97.75.
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    Starting with $1M-Goal to double my money

    That stop is going to be taken, likely within the week. This is certainly going to be hit. Both positions underwater already. If you are trading a live account I would recommend conducting an honest and thorough self evaluation to determine whether it is wise for you to be trading in...
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    What is wrong with this way of thinking?

    Boring ad hominem again. I have tried to point you in the right direction but it appears you are not interested in what I might have to say, so why are you interested in what I have done? The bottom line is that knowledge of what I have achieved is not going to make you successful, so what is...
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    What is wrong with this way of thinking?

    Not rushing to develop appropriate strategies = not possessing a winning strategy and not being in a hurry to (fail to) develop one. I see you have the prop shop affliction of thinking that news (resignations etc) drive the market. Pulling the trigger and sticking to your guns? Either your...
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    I call bulllshit on NoDoji.

    Deluded. Could you quote one of her great ideas? Did it put money in anyone's pocket? Did any of her ideas make you a fortune? The only ideas I've seen here post are textbook generalities and cynical encouragement for losing traders to keep jacking away their money. Her posts fail to demonstrate...
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    I call bulllshit on NoDoji.

    Well here is solid evidence of her encouraging a totally hapless newbie who told us he was trading live, with real money. He went on to trade live and continued to lose more money, thanks in part to our resident Mom telling him repeatedly that he had a valid edge. Any proficient trader can see...
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    What is wrong with this way of thinking?

    It is good that you have a strategy / plan etc. If we go back to your first post on this thread, you asked if there was something wrong with your way of thinking on the numbered points you listed. My reply was that if you are planning for losses and drip feeding new capital into the account...
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    What is wrong with this way of thinking?

    To be honest it is better for you if you don't take anything here seriously. My sincere concern is that people do take what they see here seriously and make substantial financial commitments based on advice they receive here which may be ill suited to their personal circumstances. I don't like...
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    What is wrong with this way of thinking?

    No, the loss will be a sign that you cannot recognise when your so called trend has ended. It also shows that instead of taking another trade in the direction of the trend the correct play is to take a position the other way. Your loss is both a loss and a missed opportunity. You could...
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    What is wrong with this way of thinking?

    Yes, your goal is unrealistic. Your thread asks what is wrong with your thinking. Do you really want to know what is demonstrably wrong with it, or are you happy to hear only what you want to be told - ie encouragement. It is your thread, your life, and your decision. In the Lawrence Harris...
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    What is wrong with this way of thinking?

    NoDoji, unbelievable. Once again you appear with screeds about trends and breakouts to encourage a loser to jack away his money! Since you have all the answers (and apparently none of the questions) could we see your trading results? Those who know can tell where you are in your trading, but for...
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    What is wrong with this way of thinking?

    Morbidly horrifying and nothing more than an attempt at controlled gambling. 3. You're planning to lose money. Why plan for losing months? 4. You're planning to lose money. 5. You're planning to keep losing and drip feeding your earnings to the market - the cost of your "hobby". You should...
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    The tide is turning for the specialists!!!

    Classic post. First they complained about the specialists - now so called "HFT" is the cause of all their problems!
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    Trading for friends and family

    Try this: "I have friends and family who would like to benefit from my success and get rich off my back without doing anything themselves." Now why would you want to assist them in doing this? You take all the risk and if a profit is made they get to benefit. They are paying you in cents...
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