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I think the most underestimated risk that people take is investing their money to begin with. Very few come in paranoid and scared as hell with their initial money, but they do leave that way.

I just want to see him share his results from yesterday. This is what happens with his style of trading. Countless trades just to barely eek out a questionable profit, then one day, boom, three weeks of small profits down the toilet. And the sad fact is that those trading with real...

They always talk about how much money their system makes, and on the front page today they have an analyst saying, shouldn't you be making more money? Many make well over 27%, how do they do it? Yet, on two different occasions in the past I have tried their services, paying more than a...

If he hadn't already lied and cheated once, then I would respect hiim for telling the truth. Please keep the journal though. It's like having Yahoo finance trade the ES futures. This is a great learning lesson for newer traders.

http://www.screencast.com/users/Norrin/folders/Free%20videos/media/b8a13e2c-0b94-409b-8364-bddf74bdf023 This will answer a lot of your questions.

World War 3 will begin on October 19th. On October 18, I'm taking some short positions.

I made the call yesterday. I just cancelled the trade because it didn't get filled. I just said I am in no way taking credit for the trade. I just wanted to point out that it did work, and that by the way the target also worked as well.

That's how you pick a top with a 1 point stop. What will happen next is any one's guess, but that fact is that a potential top is a good place to put on a trade with a very low risk to reward ratio. I did get this trade when it happened live.

Without in any way taking credit, because I did cancel the trade, I would like everyone to notice how the 1163 level held, with a 1 point stop.

Of course they're free. They're free because you'll find that they won't help you become any more successful than you already are.

Well, if 1144 has a chance of being the top, then why should I use a large stop? Either it's going to be the top or it isn't. A few ticks of cushion are needed, but not more.

No fill on 1163. Cancelling trade.

If 1 point is too tight, then I don't see any reason in market timing. Sometimes I use 1 or 2 tick stops as well. On my first trade, all I needed was a 1 tick stop. If the market can't be timed within a point, then the market can't be timed at all.

And to think he gets to decide where he entered trades far after the fact and he still looses massive amounts of money. He's also been able to cheat once as well. This is some scary shit.

I agree with LEE, bad news = more stimulus. Which 1. Boost the markets, and 2. boost the markets as the value of the dollar drops. If one company is worth 1 billion in dollars, and the value of the dollar drops in half, then that same company is now worth 2 billion of those dollars.

Selling ES 1163, stop loss 1164, target 1148

I wonder why all his supporters have 5 total post?

No point in shorting this massive bull. But watch out. If the republicans get control, and try to stop the printing presses, the demand for gold will fade quickly.

Of course it's possible. That's what you call a top or a bottom, the market makes them all the time.

I look for areas based on liquidity data bank, and try my up most to ignore all news.