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What's a down trand?

So, you've been prompted to post, yet you didn't really post anything as far as I can see.

Hi all, It's the first time I ventured into this part of the forum through all my years here. I'm curious what the Americans on these forums voted. Cheers.

Neither will work for you since you don't have a methodology that's working. They are all excellent for day trading, though. However, if you're consistently wrong and consistently being stopped out, you could simply reverse engineer your "strategy" and start doing the opposite.

I think there may be value in his books, but as a whole approach to trading, it's useless. I know @Visaria was taking his course and he planned on using the money-back-guarantee if he wasn't satisfied. Care to tell us how that turned out, @Visaria?

I'm also curious about what happens if Trump wins. Curious. Did you make a fortune from Brexit? I do of course agree that crisis equals opportunity for a trader. :) In fact, the worst thing for a trader is stability and equilibrium.

Generally, there are more positive Fridays than negative Fridays for the last 5 years or so, but not by a wide margin (57%/43%). Mondays are more evenly distributed between positive and negative. Average return on both days are roughly zero.

Does it matter? Irritating? How so? If you've found a consistent pattern, you should exploit it.

In summary my biggest error is trusting other people and being intellectually lazy. This includes trusting so called experts. People will frequently mislead you either intentionally or unintentionally (the fools with good intentions who don't even know what they don't know). Never trust anyone...

Actually, you don't have to lose a lot of money. It does however seem that most people need to lose quite a bit first in order to get the wake-up call that they don't know yet what they're doing. The key is proper preparation however long that takes. For most people that's years...

You should discover the 'rule' by doing your own research, not from the opinion of people here or statements from trading books.

You should continue with your online stores. :) If not, what's your methodology or plan for profitable trading?

Missed it by a week, but hey, at least no meltdown as others expected. :)

There is some good stuff in his book. It's inspirational and makes you think more outside the box. 80/20 is interesting, but not an invention of his. Still, I think what I said is accurate. If you are to have a 4-Hour Work Week in some other endeavor than trading OR automate your trading...

That both Timothy Ferriss and trading educators are selling the dream. :)

According to yourself, you're a gambler, yet you continue to "trade" (without methodology and signals). 1. Do you intend on blowing up completely or is there a point at which you will withdraw what's left and stop trading? 2. When you've lost all your money, do you plan to "give up" or will...

Of course. And I already said that the OP is wasting his money and time watching live prices moving up and down and emotionally reacting to them. :) How did things go with that Al Brooks course?

The fact that you can't get serious about paper trading is very telling. You're not serious enough and you won't make it. Passion to learn? You won't learn anything from sitting in front of the screens losing for 6 1/2 hours day after day. It's not about paper trading for months. Paper trading...

Harsh, perhaps, but consider it tough love and a wake-up call. This guy shouldn't be encouraged. You know that the OP won't turn around this and become successful on this final attempt and I also think that deep inside the OP knows it to be true himself. He knows this thread will be a failure...

No, your biggest problem is that you're clueless and don't have a methodology. Period. Stop trading or lose all your money. Your choice. Now, this doesn't mean you should give up on trading, although that is probably the most reasonable thing to do, but it means that you should stop trading...