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All current musical forms are influenced by some others, but hip hop combines almost all into one? Surely not? It doesn't really sound like others and its hard to pick out these influences - what are they, how do they show? Maybe there are gospel lyrics in the rap style over a hip hop track...

I'm not going to be told by anyone that we're in a bull market. Least of all by this guy. I can see the chart, I understand that prices can fall as well as rise. I can be out of the market faster than an economist can work out what day it is today.

I recommend all traders understand what a black swan is and what Taleb said about them (and us). But I found his writing style overbearing, superior and arrogant, to the point where I'll never read anything further he has written. I truly believe he only writes so he can demonstrate he is...

Quitting while you're ahead is a habit for gamblers. And not good gamblers either. But what sort of coffee shop closes its doors right after they've sold 3 coffees in a row?

I never deliberately listen to rap music. But then I never deliberately listen to opera or classical music. So what are the good things that the hip hop musical form is doing?

You might know some good examples to quote here. I couldn't think of any but then its not my style of music.

.....trap retail DAY-TRADERS......

This thread spurred me on to think about this musical style. Whether its garbage or gold is a matter of personal taste, but in any case, rapping is not singing as such, though that's not a negative. Its a style of spoken or chanted rhythmic vocal delivery over hip hop musical backing. On the...

I've an idea this conversation might soon lead to some bad language. I can see it coming.

At least the sooner we can get house-building out of the hands of house-builders we'll all be happier and better off with better homes. But houses are not the solution to homelessness.

Yes its true. You gain the wider perspective: you realise that losing trades are inevitable, they're built into your strategy after all - but that does't mean they are mistakes. You realise the best thing to do when a situation has gone bad is not what we learn at school and in other professions...

Don't write off your competence. Many people spent the last 8 years saying that stocks were over-expensive and the stock markets were due for a crash. They have been chasing reversals and shorting and shorting all through the bull market. Its still a trader's skill to find a trend, follow it...

Nice pics.

Thanks Xela. Just slapping my forehead in exasperation.

Well it must be from a Christmas cracker then.

Yes, I agree its not objectively riskier, I said so too. But the people who do it and they way they do it make it so. If we accept that 90% of new traders fail very quickly, these two factors - the profile of the new traders plus their behaviour - must account for 90% of these failures. That's...

Rationally you're right that NOT holding overnight is less risky. Not holding over weekends even more so. But statistically and practically, overnight gaps are not one of the main risks that newcomers face.

Cheers for this and happy you're comfortable to put up that, even with experience, a winning day every day is not necessary to be profitable. Lot of new traders try - and fail - for 100% winning days.

I understand you want to get started but I don't want to recommend a particular strategy. First, I don't ever ever ever day-trade so who the hell am I to tell you what to do? Second, just get the outline of one from Google and write down the rules - then demo trade it for a week without changing...

Intra-day is ultra high risk. You can be whole this morning and broke tonight. Most new traders start with intra-day, some of them suggest to me that long-term trading is "not really trading", but most new traders go broke very soon. Don't trade to make a profit by the end of every day, this...