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Most traders are self delusional. Most traders are loosers. Enough said.

Yep. PS. Is 5% not a bit too high? Should it not be 1 - 3%? Seem to remember having read that about 5% make the 5 year. So longer term would be a lot lower. Tnx.

Me thinks he was follwing the SCT method from Jack et al.

Then you may want to examine what the word believe stands for. Let's say that believe stands for somethign that does not have any concrete proof. With the markets you better make sure you have some form of proof before you put your hard earned money on the line, a wet finger approach is not...

No, and that is a big NO. I think I'll take the week off and see how it copes with the NFP. Have had enough data and other outages not under our control last few days. Maria

I agree, a lot of the proverbial brown matter. Perhaps they have dreamt this up as an attempt to restore more "faith" in the market and to hide that they have not gotten a clue what the <explicit> the market is all about. LOL "we have found the guy who has caused this all" yeah right.

Biggest mistake traders make is to think in money. Regard it as a pin machine and try to get the score up as high as possible. Forget that it is money (easier said than done, took me several years), it is only money when it goes out of the trading account and into the bank. Or as Kenny Rogers...

What volatility? IF ( and that is a big IF ) your system has been well designed then it should not make any difference at all on your result expectancy. Maria

Believing is not the same as reality. Believing is what we do with religion. Believing in the markets makes you go broke. This is why you'll need some quantative stuff.

8 hour, this info is from before the 24 hour markets

Dad once hired a guy and the guy screwed up on something costing a sizeable amount. When he was called in the guy feared he would loose his job. My late father said to him: Why would I fire you? You are bright and I just invested a sizeable amount of money in you. I am confident you won't screw...

Bullshit. Phishing for a free system, don't risk your system by disclosing. Next you'll know is some a$$h0le blasting on the internet. Don't believe me? Well it happend to us in spite of non-disclosure agreements etc. Beware! Maria

Cynthia Kase used daily, hourly and then 20 minutes (1/8 and 1/3rd) Robert Krausz (Fibonacci Trader) was very fond of 1:5 ratio throughout. Maria

Hmmm, not so quickly here. Markets do not change overnight in direction, too much sentiment involved. The longer the timeframe, the less common V-type reversals are. It is more likely to see some more of these good old one day up, next day down, and very long, bars as there are a number of...

I enjoy the late afternoon and early Globex open. Almost like free money if you know how to do it. Maria

With IB it is ZN, using the IQfeed datafeed it is TY. Maria

20:30 EST open announced

Thanks, do you know when they'll reopen? (sounds like BS to me about technical problems, perhaps are they trying to figure out what to do to stop a panic?) M.

Briefly saw on the march contract 117^240 / 118^080 , no trades and then all bids / offers disappeared..... I get this awfull feeling that the mess ain't over yet. Maria

actually we should not blame Bernanke too much, it is Greenspan's legacy and Bernanke is just the fallguy. The real person to blame is the weakling Bush. Maria, over and out, going to watch the open now.