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break down of the triangle.

Do we really need another one of these "why traders fail" threads?.. there are a million of these already. Whats funny is how popular they are each and every time.

Its not his fault. I think everyone who started in this business had those expectations when they began. Its one thing to look at charts in a book, but its another to trade on a live screen. It seems a lot easier at first.

1.2 mill a year? I'd pay cash for a house out in the country, and gut it out, and start my own indoor grow operation :D . But don't tell anyone because its super super secret. Have any idea on the profit margins?.. 630lbs = about 500k tax free income, of course its not legal tho.

PaperTraderZones doesn't trade, or if he does, he spends 99% of his time on ET. I'll admit as well that, even though I've been trading longer than you, it still baffles me when I see the market do something that I thought it had no chance in hell of doing. The best thing is to keep an...

I'm in this boat. I'm looking to get in, and add to my position over time. Most Day Traders who fail, or give up will also become longer term traders/ "investors" if they even have any $ left at that point.

ilmn weekly

Its not just Day Trading. Trading in general is a "pipedream" for most people. All the qualities needed to be a successfull Day Trader are very much the same for longer-term trading styles.

And you're a GD idiot. Welcome to my ignore list.

Get one with the highest res possible. Its better for your eyes and offers a more crisp image. I like samsung personally.

Your missing the point. Becoming a Trader just for the money, is like getting married just for the sex. Trying to get rich by next week is not going to make you successfull.

---- Quote from konviction: I think the reason most traders fail is not because they are day traders or not, or because they dont have a trading plan, an edge, or any of that... The reason I think most fail is because they're not passionate about Trading or the Market in general. There in...

MRVL breakout. I also have an order to buy MENT at 8.56.

Bought some CAT at 60.70 here on break of highs. Anyone pick up some? DE doing good also.

bid daily. Nice resistance off warning line.

PCL is one in the long list of stocks im watching. Very nice trend line in play and nice pullback so far. I posted the chart on m y facebook group http://www.facebook.com/photo.php?pid=3763763&o=all&op=1&view=all&subj=2211231796&aid=-1&id=503672848

Thats a low blow dont you think?

I think the reason most traders fail is not because they are day traders or not, or because they dont have a trading plan, an edge, or any of that... The reason I think most fail is because they're not passionate about Trading or the Market in general. There in it for the money, and as most...

Agree.

Getting off topic here. Which is the right way of drawing a channel?