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My favorite. Anyone know how his current operation (Hathersage Capital) is going?

If candletrader is obi-wan kenobi, then I think this is what darth vader would say . . . Seriously though, I sincerely think what you wrote is a great insight into succeeding as a technical trader. But in retrospect, for me the biggest step taken was finally understanding that insight -- and...

No. That's not to say stocks don't move due to economic data, but to predict how they will react takes alot more information than just the raw data.

When I was still trading "systems", there was always that question in the back of my mind as to what I would do if my perceived "edge" went away, as they all inevitably must. Now I trade fully incorporating that expectation of change into how I perceive markets and how they function, e.g., as...

I had the same problem for the longest time -- years in fact. Having limits imposed on your trading might help you in the short-term, but you need to look at the source of the issue. In the long run, the band-aids and quick fixes just don't hold up if you still have those urges. Revenge...

Exactly. Funny how people will say "Don't have enough money to daytrade stocks? Open a forex account", or go trade corn contracts, as if they were one and the same. You might be able to eke out an edge if you're fast reading the tape and gauging the specialist/mm's on NYSE or nasdaq, but...

Do these coupons make the PX191 planars a complete rip-off now? I love the 2 I got and was about to get 2 more -- would be perfect if they just lowered the price some :)

I think for someone relatively young, try to find a mentor. Be an intern at a small hedge fund, work for free, show your enthusiasm and persistence and get someone to take you under their wing. I think you'll be much better off in the long run with someone to guide you, instead of the...

I'll have to say, this May tech rally caught me completely off-guard. Short squeeze, funds playing catch-up, who knows. But it's been pretty quiet in here about this last rally. Where have all the cheerleaders or top-pickers gone?

That's kinda scary, why not just buy puts? Should be cheap after buyout announcement, right?

Jun options expiring today as I understand it.

I learned the hard way that goalsetting in terms of numbers really does nothing for you, and can actually be harmful depending on how seriously you take your "achievements". Anything that causes you to trade in a manner inconsistent with what you "normally" would do should be removed asap...

Dude, I was like totally serious. Don't treat the symptoms (i.e. http://www.elitetrader.com/vb/showthread.php?s=&postid=752319#post752319), but find the cure. :p

They have a "tick" tape for forex cash market? Is there even centralized data for interbank market?

IMO, understanding what this means is THE key to making progress as a trader -- assuming nitro means what I think he means :)

Questions like these, followed by dead silence. :D

I've read that in 1991, upon Baker's statement during the news conference which preceded the first gulf war, that spoos tanked, oil shot up $3, and bonds fell a point and a half -- what would the rationale be for bonds falling on that news? If a war suddenly broke out in the mideast today...

Be careful with anything written by doomsday gold and silver fanatics, they will bend and twist every situation to fit their notion that the sky is falling. If the powers that be are so worried about propping up confidence in the US by shoring up the dollar and dow, why would they...

yes, just euro it seems tho

I'm just trying to save someone who would have honest questions about forex trading some time and grief, given how you responded in the past to our inquiries -- you can just put me on ignore if you like. And when you figure out what I am trying to sell on my blog, please let me know -- I...