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    Daytrader Paradox

    A wrong impression. Sure, to be patient if required .. but also to be quick if required. Entering/exiting & reversing is a function of the upmoves & downmoves happening in front of your eyes (eg YM). :)
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    I must be out of my mind!

    What is/was this complete horsesh*t fantasy? You first have to know how to play the market (eg YM) fluently and very profitably day on day. :)
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    It is IMPOSSIBLE to make money in the markets

    There have been one or 2 good posts in the past on how to utilize Fed rate announcement days. On the DOW today there was a gentle decline into the Fed rate announcement. Everyone and his dog had predicted no rate increase. That happened. So an 'up' was the first move widely expected. That...
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    Laurence J. Kotlikoff We are Bankrupt

    Economic amateurs please wake up and get savvy. If the US became bankrupt then Japan and Germany would lose their US dollar surpluses and the ability to sell in the US market. US debt is only $US IOUs; it don't mean sh*t. So US bankruptcy ain't gonna happen because its not in Germany's or...
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    It is IMPOSSIBLE to make money in the markets

    Impossible? Always is, always will be for the legions of losers. Too efficient? A really meaningless rationale! So Ripley what next, where next? :)
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    Getting Started

    To cut his losses. :cool:
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    Mel Gibson, drunk driver...

    Mel has been one determined mother establishing his financial success but for me Mel always struck me as very very shallow. Apart from some good past film work, all you get from Mel on screen is Mel playing Mel. He is aging fast and is no longer a young promising actor. Booze is for the shallow...
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    TRADING and KARMA....your thought?

    Try a different spelling and it'll help you. Calmer. :)
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    Is it possible to reduce risk to zero?

    Your question suggests you are not suited to trading. Nevertheless, I can give you an answer near to what you want affirmed. It won't be the experience of the many but you can get risk down to a level which proves to be zero. In fact it can't be zero; it is only that by using a low bet or...
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    If you want to be rich, first stop being so frightened

    Risk is misunderstood by many in the context of money. If risk is being taken larger than usual then it needs to be calculated risk with ALL outcomes assessed beforehand and with expected consequences understood. More generally and firstly risk frightens most. But secondly there are still...
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    If you want to be rich, first stop being so frightened

    This is an excellent point. Ideas are a dime a dozen. They can be good but are not important unless you are going to test, research and work at implementation. Often just a little rigorous thinking and actual checking will show up the hurdles and difficulties attending faulty ideas. Even if...
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    Technical pattern to recommend?

    Very amusing. :)
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    Humbility

    You've got Art Deco, one of your sock puppets, on this thread as well. :)
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    Thank you Cutten

    But you're an alias of an alias. :)
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    Orgone Energy

    The looney is out and about in this thread. :confused:
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    Thank you Cutten

    Very femininely put, but, yes, I salute your sentiment. :)
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    If you want to be rich, first stop being so frightened

    Consider carefully this shortlist: "If you are unwilling to fail, sometimes publicly, and even catastrophically, you stand little chance of ever getting rich. If you care what the neighbors think, you will never get rich. If you cannot bear the thought of causing worry to your...
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    Today's Quote for traders

    "I'm the juganought, bitch" :)
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    This Summer Has Been Great!

    The Dow index (or YM) has recently produced daily a pretty regular 100+ range which appears to be above the norm of the last 3andhalf years. But the gyrations of any market day should be utilized with the benefit of big range days being just to flow with the extended downmoves or upmoves. :)
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    Crash is Upon Us

    There is no merit in your prediction. Bear markets follow bull markets and vice versa; everyone knows that. Invariably bull markets last a lot longer than the bear interruptions. And every trader has the next day ahead to exploit; thats where the rubber meets the road. :)
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