Just because you're paranoid, doesn't mean they're not after you.
:p
Seriously though, the die-hard pessimists seem to make the worst traders. Bill Fleckenstein makes lovely (and perhaps accurate) arguments for a coming collapse in domestic equities, but it's kinda sad to see him still...
From what time frame do you measure 100 pips from? US/Japan/Europe time session, CME pit hours, etc.
I've seen lots of crosses go -100 pips then come back to even or +100 on occasion; what would be more important for me is if that cross stayed -100 for an extended period during the day...
Great post threei, that's a keeper in my book. The hardest part is just admitting you're on a bad streak and turn off the screen, but that's really the only way to kill a vicious cycle.
Mecro: I notice you've been railing alot about lack of action or unscrupulous specialists -- have you...
Can't believe how many times I've read that yesterday's decline was due partly to "violence" and Taiwan's elections; most people there believe the assassination attempt was staged in order to draw 200,000 troops away from home provinces so they could not vote -- the majority of which favored the...
Ok I'll bite, been short a core holding since 1520 on nq. I got stopped out about 4 times in Jan, lost about 10 pts each time before my last entry. It's hard to re-enter a position (even harder to enter at a worse price) after getting stopped out but one thing I've learned over the years is...
If this market drop has anything to do with Taiwan, buy it, because equating Taiwan to Madrid in terms of "violence" affecting elections is completely off-the-mark. JMO
Tried to format a cd-rw disc for the first time in a while, but the process keeps stopping abruptly for no reason. Tips anyone? (yes, I'm quite backwards on my puter skills, go easy :))
Setting very tight stops will get you shredded to death, and usually results in getting you way off rhythm (most get stopped out exactly when they should be entering). Conversely, trading with "no stops" is one of the fastest ways you can blow out. These are esp true for currencies. Time...
It's not just laziness or ineptitude, there are incentives for the gov't to keep inflation figures as low as possible to support low rates and screw CPI adjusted pensions.
180 points actually, just about straight up from 8:30.
But yeah, if stocks make you snooze, just punch up some currencies -- you coulda doubled (or blown out) your account today with one well timed trade this am, give it a shot :)