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Just a joke sister, It is a good debate though. Good trading to you and everyone.

This scenario almost always favors the bulls along with a falling Vix too.

So boring I've been passing out on my keyboard. Good god have they killed the range in the last few weeks. I've just been sitting on the sidelines collecting dust. Lots of numbers this week, so I think we may see some reactions. Also that Iran deadline is Aug 31, we'll see how the market...

This is usually when the market does a huge reversal, after its sucked in every housewife, grandmother, part timer etc. Someone has to lose, that the way it tends to work. The house always wins or they wouldnt even try to persuade you to enter.

G, Funny, I printed that out months ago when you first attached it. Lot of info this week fomc minutes, inflation figures, Iran, Israel, end of the month. Should get interesting I hope.

Well I postion trade a lot more so I get marked to market red a lot . Intraday trading is for offsetting a postional that I may have gotten into too early. Basically when the position breaks my way I am now able to ride it a lot longer. Anyway Good luck to all, its a rough ride. MS, I agree...

Dude you win lol. Im going for a bike ride "mountain bike" that is.

Ok later ES, I really dont have a Schwinn anymore but with the price of oil and gas who knows :mad:

I got a Schwinn 10-speed right now, but soon I may have the down payment for an astro-van minus the wood dash. The wood is too much bling.

I'm currently mixing these two. Check the ES Jounal and the S/R journal. That should help you some what.

Ouch. Whats up with the hostilities Phillip.

Check the Wunder J thread, he got to 1million in less than a month. You might want to pm him.

Minimizing loss was the first trading concept I could never get right. Actually most leveraged traders I suspect. Your "system" oh brother..... Get a better catch phrase. If you are still trading in 2028, you will have made it.

I really dont even care about winners anymore, they are always there. I'm more happy when I minimize a loss. That is something non traders dont understand. Why are you so happy, you are in the red. The priniciple of containing a loss makes me happier at the end of the day more than anything...

What are you questioning? Whether you make 6 figs or 7, isnt the goal to keep pushing the envelope. I assume you are using your own money and not some hedge fund manager, so I dont know where you came up with that. Its always more impressive to create your own wealth thru your own money...

I agree, tweaking is always necessary no matter who you follow.

Carter is definitely not bogus and any trader who reads his book will relate to many of his experiences.

Hey if you are a 7 figure trader more power to you buddy. If not you are just the like everybody else maybe a bit better. Bottom line is trading is much easier when you are properly capitalized. And everyone that has made it in trading has taken a Huge loss. I dont know of anyone that...