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Well the action today was promising. It is sitting right below the monthly A down level and if today closes where it is at or lower, it will also be a daily C down by my numbers and a good sign of weakness at this level. I might even add to my position in the morning. Something that I...

It is just common sense that they have to be strict. People do crazy stuff. Most people fail. They can't do it any other way!

Your reading comprehension is suboptimal my friend.

+3

Hello. I played poker full time for 8 years and I did the math on my winrate, standard deviation, and ror every way you can imagine. When your ongoing contribution to an account is a certain % of account value, there is zero ror. If I'm depositing $500 a month I can technically risk $500 a...

This site is so elite it blows my freakin mind.

Read the entire ACD thread in the technical analysis forum. It's better than anything I paid for.

OK I scaled down to .50 a pip because daily range has nearly reached avg and I am sleepy. Holding the rest for a hopeful monthly breakdown.

Normally I'll take smaller position but I'm doing some work on the computer tonight so I'm able to do some daytrade type stuff to keep the risk down. I think my normal position size will be .50 a pip per $500. I'm going to reduce this before I go to bed.

I'm a working dude. I put money out of my paycheck into 2 things for investment: mostly buy and hold long term stock stuff with no leverage, and a forex account that I just opened for smaller amounts. I plan to trade this with massive overleverage. What you can expect from this journal...

GMST I browsed your old journal for a minute. I mean the following sincerely and in no way is it intended as teasing or an insult; maybe you should consider that you don't understand risk management, or are incapabable of implementing it. Maybe it would benefit you to put yourself in a strict...

This is really good advice and I don't think it is OT. The real problem in this thread whether you guys realize it or not is that you don't understand that you aren't entitled to anything. If you want to make a good living trading you need to be able to risk larger amounts of money. It is as...

All you ET superstars are free to move on if this deal is not what you are looking for. It's not like they are going to change it if you guys complain for x days in a row. I'm in the army. If I want to jump out of army planes, shoot bad guys with army guns, and get army money and benefits, I...

And Lucias posted. This thread has serious potential for awesomeness.

I say that because he has personally helped my trading and now my investing a great deal. To see a mod make a comment like that just was a suprise and very disrespectful to one of the only people that puts quality content on this site. Regarding Patek, I haven't looked that close as...

Wow. Mav is one of the only people on this site that gives good advice. This coming from a moderator is a new low on ET.

I have bought two items at radio shack in the last 10 years. Both times it was an item I wanted right now and I had angry kids in the car. The only reason I didn't go to walmart was that I didn't want to hear my kids scream any more. I left radio shack feeling violated and deciding that next...

I learn something useful on ET every day. Today is was that "new all time high" is a proper noun. Thank you.

ACD is versatile. I am getting ready to bust out the silver equipment for my little bullion biz that does well when silver is hot.

Read the ACD thread in technical analysis forum. That thread is better than any training I paid for. I suggest you become a successful investor before you worry about short term trading.