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  1. L

    Gifted and Talented Traders

    You win. No money involved just ego. Feel better.... This psycho babble IS important. Most fail at this game due to psychology. Good luck.
  2. L

    Gifted and Talented Traders

    I sense anger......
  3. L

    Gifted and Talented Traders

    Good one. While you were consciously crafting a clever albeit harsh retort your unconscious was either raising your stress related cortisol and associated hormones or if you found pleasure and humor with the action then decreasing them. It was hard at work while the impish conscious Ego was...
  4. L

    Gifted and Talented Traders

    A big dose of ego in this post. The mind can do amazing things. EVERY mind. Your cells have more talent and ability than the thinking mind can even comprehend. Can you imagine trying to "THINK" your way to cellular repair and autonomic function. Tap into the unconscious. Then money is...
  5. L

    Poll: Sell in May 2011?

    True Dat. Directionless except downtrend may resume or we may break up. I guess that's why there's a market, eh?
  6. L

    Poll: Sell in May 2011?

    Weekly looking weakly. Close was lackluster. Would expect more weakness going forward unless we get a bounce from the lows of last week.
  7. L

    Poll: Sell in May 2011?

    Spoos sure look like they have one more push up (on the weekly chart) before they roll over. Mostly sideways. In the long view --months, quarters, and a few years---maybe a stab at 1400 in the near term and then a rollover to 1200 or lower. For now I would think 1350 for options expiration...
  8. L

    Why do more than 90% of traders lose?

    So what's the best methodology. I would suggest discretionary trading where you only trade when the conditions are correct. This is very hard to code as it takes years of study and a sixth sense of sorts. I think an appropriate analogy would be like a sailor who's circumnavigated several...
  9. L

    ES Journal Archive (2011)

    Stopped out.....Small loss....
  10. L

    ES Journal Archive (2011)

    Back from break. Soooo..... Yeah short now...... Looking like weakness here into the afternoon....
  11. L

    ES Journal Archive (2011)

    Woulda. coulda shoulda. Nice long this am (I am always happy with 10 pts on a day trade) however my plan kept me safely from making any money this am. Sigh. But having said that my plan also keeps me from losing my ass. One tick below the overnight low then rally. I should have incorporated...
  12. L

    ES Journal Archive (2011)

    Scratch. Price did not make it to 1322.
  13. L

    ES Journal Archive (2011)

    Long at 22 (If we get there) then trail the stop. Market looks like it may bounce today.
  14. L

    A message to those that constantly complain

    True. But isn't that also an advantage? As big money needs size. Some trades can be profitable but may not be scalable for millions of dollars. One can also follow the elephants knowing you're likely to win given their muscle. A small trader needs to think and trade like a martial artist who...
  15. L

    A message to those that constantly complain

    Commonly, that is to say in all walks of life not just trading but in trading the problem is magnified as learning to trade can be very stressful, people are too fearful, negative, cranky, and stressed-out to seize the moment when it arrives. This loss of energy, focus, and clarity invokes an...
  16. L

    A simple price action approach

    And here another winner http://www.elitetrader.com/vb/reply.php?s=&action=newreply&postid=3184750 Now go away.....
  17. L

    A simple price action approach

    http://www.elitetrader.com/vb/showthread.php?s=&postid=3180148#post3180148 So are you up or down 30 pts? If you took the trade you'd be up 30....
  18. L

    A simple price action approach

    OK. Great thread just adding to the discussion. We're building a valuable knowledge base here in a friendly open format for discussion. Thanks. I'm gonna chill now.....
  19. L

    A simple price action approach

    How about regression channels on a balance volume or weighted volume price chart?
  20. L

    Director Of IMF Arrested For Alleged Sexual Assault

    If it's not true it is too good to be true. Are you effing kidding me----sodomized a maid? Really!!! Oh come on. But stranger things have happened. D S K was on his way to discuss Greek finances you think he could have waited until he was in Greece or France where sodomizing maids and...
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