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Here is my account balance which is disheartening. I love to trade so much. At the same time my parents have lost everything and for the past few years I have helped them keep their home and been overly generous. My parents gave me the best upbringing and did everything for me as a child. So...

Finally got a new lab top that has the snipping tool. I was way to frustrated with my last one which did not have it. Sorry for showing up a couple months ago and disappearing. Especially to Chuck who kindly emailed me step by step info on how to use the snipping tool. I unfortunately had to...

Unfortunately our catalyst (bond buying) is gone. I think though that when shorts take some profits we will see a false hope up day. Which I personally would sell into. Maybe tomorrow.

I choose to spend longer hours researching and less trading. Although I do make 20 or more trades a week they all are automated I manually set up orders at night. I never buy market in the stock market always buystop orders. Also my orders are preset with in general an even risk reward. At least...

I think it's the discipline that is hard. I have always thought about finding a trading partner. One who is highly disciplined in life. I give him the trade calls with entries and exits. He manages them based on your criteria. Ha Ha! I grade myself on discipline monthly. Iv'e never given...

I agree. The stock though did gap up like he said it was going to the next day. I believe he said it would gap up 490 495. The follow through did not happen. There was another prediction he made that the stock was going to bounce because the stock never had three red days in a row without...

Hi market surfer. I wouldn't rule out the possibility that T/A can't alone be profitable. If you have been in the game for long enough you have to know that there are traders turning profits on T/A alone. A stock chart is simply human fear and greed. The moves that are made are...

I just buy calls and puts to. All the special trades that some options experts do also have a risk factor. I risk 3% of my account to possibly make much more. With a 50% win ratio and a higher reward then risk most of the time. I do fairly well just buying calls and puts. I think the...

Trading is like flipping a quarter just because you got the last 40 trades wrong it has no bearing on the outcome of your next trade. When your in a draw down a profitable system will correct itself right. So your trying to double up your position obviously to make your money back sooner which...

I personally always place stops based on the stock price. If the stock breaks a support level and i am long i'll place a contingent order. Vice versa if i am short. Sell option if stock price equal to or lower then specific price. My option trade is contingent to price of stock.

Whats up fellas! Love the thread. Unfortunately i don't know a single trader personally so gauging possibilities for me has simply been analyzing liquidity in the markets, TV personalities , books like Market Wizards and threads like this one. I have been learning, strategizing for about...

That would be really nice!

Put this dipshit on your ignore list Duyle. Every comment he makes is negative. This fool thinks he knows everything.

I bought today 465.00 feb 16 exp. at 7.50 (463.50). Market does look choppy. :cool:

Yeah tough trade in my eyes. Went short at 550.00 friday got really lucky to cover 443.00 yesterday. I had a feeling it was going to bounce. (edit) Thomas Demark said the stock was ready to bounce and what do you know. I would be a buyer if it breaks the previous 7 day consolidation zone...

Apple may continue to ralley. It bounced real nice off it's 38.2% fib retracement level of 435.00. Technicals obviously still bearish though.

Thanks riffraff!

Sorry ash1972. Instead of just disagreeing i should have clarified the reasoning. In reference to your post about bad risk management. To lose 9 million and make 10 million has nothing to do with risk management and everything to do with win ratio combined with risk reward. Your risk...

Yes the catalysts cause the market to thrive. If you read my post it implies there is no holy grail. Just trading with an edge with proper money management. I don't believe my potential profits have anything to do with the statement i made. As you mistook my post completely. All the...

Most of the action in the forex market happens at my night time as i live in west coast ( CA). So i am in bed when my trades are running. I simply close orders that have not hit and close orders still running at 8 am or so where there at. I want to be out of trades before the spread widens...