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A market is trending if its trending in your chosen timescale for a trend-following trade. Its also ranging - potentially simultaneously - if its ranging in your chosen timescale for range trading. As long as you have clear rules for each, no problem. Trends are the easiest chart pattern to...

In actual fact, when the market stops trending, your pyramids are closed and your profits are banked. Isn't that the idea with all trades? And then you just find another trend.

I love pyramiding, but only once the position reaches profit, NOT break-even - that's too soon. I think you meant the same as me but let's just be clear..... By demonstration - I have a long trade just opened with a capital risk of £100 back to the stop-loss when the trade reaches +£100 a...

It sounds like a terrible terrible job.

Take care - the FTSE rarely moves for long in the opposite direction to the Dow Jones or S&P. They have had a stellar bull run, which is not over yet, but if they turn downwards start to print repeated and deep down days, it would be strange for the FTSE to be going up. (I still have several...

Your intentions are respectful, but more and more and more information does not equate to more and more and more profit.

A company has to release financial updates on a calendar basis, every 3 or 6 months, depending on which market the company is listed in. But they must also release share price-sensitive information to the whole market as soon as possible. Remember, the shareholders own the company, not the...

Realistic self-criticism is constructive - so if you took unnecessary risk of loss that needs to be recognised so it can be addressed next time. But in general terms, day-trading by its very nature incurs another type of unnecessary risk - risk of insufficient sustainable profit.

I can't make an attempt as I don't understand what you're talking about.

In a way they did find the magic formula - if they realised that following a strong trend is a sure way to make money.

That's just burying your head. You're in the human race: commit to it. What system do you want to live under?

Painful trial and error. Bought a ton of books on the markets, then on TA, then on trading. 5 days of classroom TA education. Joined 3 or 4 shareholder/trader groups to meet with. Shareholder visits to many companies to meet directors. Investor conferences, exhibitions and seminars. Lots of...

You might ask yourself who made money on this so far and how? By chasing a reversal from a downtrend into this uptrend? No - they followed the trend, they got in on the pull-backs or even bought at new highs.

The lessons I would take (all due respect to you and I regret you've had to walk away from this field) are - 1. trading full-time is extraordinarily difficult and the probabilities of success too low to make the effort worthwhile 2. you should have better success with women.

Big mistaken generalisation to see an entire population as being aligned with that of their leader (who also controls the military, security services, employment and national economy).

Dictatorship is not just some other ideology. It is slavery and totally unacceptable in any nation. It is deeply shameful that dictators have full membership of the UN, when they can barely qualify as members of the human race.

comagnum's a good one to ask but with all due respect to him, you're not being fair, it doesn't matter what HE says, its more important what is YOUR plan. So, have you decided what the indices would have to do before you get out? And do you know how much that will cost you as a % of your account?

BTW, this is an incredibly wide (expensive) spread - 16%! I can spreadbet this share (I'm in the UK) at 19.8318-19.9144, spread of 0.08, 0.4%. What the heck's going on?

The spread is 3.35. If your short order triggered at 20.20, the other side of the spread would have been 23.55. How did their platform allow you to set a stop less than this, within the spread? Am I missing something simple?

Not religious myself, but possibly the development and sharing of religious beliefs has greatly aided trade and communications between many separate peoples. But you'd have to go back to the Neolithic and Bronze ages in Europe and the Middle East for the benefits. Once organised religion arrived...