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    five years later (the previous 5), still struggling!

    'Madness' is accurate. Like some sort of masochism. Bank has 10 billion to play with and makes maybe 1 billion in profits. This is just 10%, and people come along with a few thousand and seek to make 30 grand a year regular income. Pie in the sky. FWIW after 6 years of staring at these markets I...
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    Arthur Deco Mentors ET Noobs

    Lol! From the horses gob. Art, as my old cockney mucker used to say, 'you're as clever as arseholes'. God bless us all.
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    Arthur Deco Mentors ET Noobs

    Not even the banks survive in this game, Art. I hope the noobs are visiting because you, and many others, myself included are living (just) embodiments of the wholesome benefits to be gained from retail day trading. The American dream lives on...
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    Arthur Deco Mentors ET Noobs

    You're too kind, Art. Young and succsessful, Indeed! Accidental and limited, of course. Aren't we all?
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    Arthur Deco Mentors ET Noobs

    http://www.youtube.com/watch?v=UXHwIrEpeSQ Time for a hot shower young lady.
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    Arthur Deco Mentors ET Noobs

    Jesus! All the profits are creeping out of their lairs. I'm a self-confessed asshole, as I've stated several times before. Most people are and I love them for that. Man's problems always begin when he attempts to cleanse the asshole. I say live with it. Dog's are smart and where do they go when...
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    Arthur Deco Mentors ET Noobs

    My I be so bold. Am I correct in saying your system is volume based, either partly or predominantly? If not, would you mind, without spilling one's beans, telling what it is looking for. If it is looking at 'behaviour' in relation to a certain event at a certain time and a prediction of wave...
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    Arthur Deco Mentors ET Noobs

    If you understand how price patterns are used against the trader then you can determine when an opportunity exists. If you seel that a short term trend is taking place this will be reflected in the price action. combining the two can give useful entries? I also think that some things are very...
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    Arthur Deco Mentors ET Noobs

    Art. Jocular spurter, dipsomaniacal ranter, splenetic, priapic, sclerotic and scrofulous. Libidinous and insidious prankster. Untame gamer and ribber and fibber. A Boroughs and Hunter S. Eloquent gambler and rambler. A dreamer, a schemer a custard creamer. A human amidst the...
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    Trading on "Instynct" (NQ)

    Waiting for break below or serious test of prior day's low before taking a direction.
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    New at trading: starting with Stocks, options, futures?

    Leverage is great if you are comfortable with it. It is nice not to have tens of thousands sitting in an account, redundant. But my assumption is that the thread starter will be scraping together only a few thousand and I think being comfortable with losses is important. If the atr of a 30 min...
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    New at trading: starting with Stocks, options, futures?

    This is my experience. Overleverage will destroy your account and the volatility on index futures is wild for a beginner. However, I agree with Art on the benefit of futures over stocks. So... my advice is trade index futures with a spread bet firm (look at the US offering of IG index. Some...
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    Trading on "Instynct" (NQ)

    yet again the best move so far has been premarket (about 1 euro time). Seems to becoming more the case too. Less chop and nice extended moves a few hours before US open.
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    Trading on "Instynct" (NQ)

    scratch
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    Trading on "Instynct" (NQ)

    L 19.50
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    Trading on "Instynct" (NQ)

    you trading the march '11 contract, killer?
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    Why I Chart in One Second

    'tis indeed a mighty thing to behold. Grand passions, mighty expectations and intense joys all played out around that small circle of flesh. Omphalos should not be the navel of the world but the teat. The teat that cleaves man to woman the teat that grasps man as man relentlessly tries to grasp...
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    Why I Chart in One Second

    It is my sincere belief that if one cannot grasp the teat then one must grasp the bottle. Artists long for the teat but usually end up left with a bottle. The bottle is a constant friend my friend. Unlike the teat, which can be a very parched pursuit.
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    Why I Chart in One Second

    Ever hear the one about Winston Churchill at some dinner party. Very swanky and he was being a bit rude to some guests. A stern looking women of mature years looked on disapprovingly. After a while she couldn't restrain herself. Narrowing her eyes and peering into Churchill's jowly face she...
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    Why I Chart in One Second

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