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I've no reason to lie to you -- I've been there more times than you can imagine. Just trying to save you the headache. Does it make sense that one should trade bigger just because his last few trades were losers? If anything it should be the other way around. This is the reason why...

Why are you trading bigger? One thing is certain: no strategy can be called profitable if it requires increasing size upon losses. If that's what it takes to get you into the green, throw it out immediately.

You're at least trailing stops on this position, right? Agreed on patience, that is always difficult to learn. But ambition does have its rewards, not without a price but why settle with just the simple stuff? I'd recommend others to forget one time frame over another, just learn...

I know your time frame might be pretty short, but once in a while you should always try to ask yourself the crude question "where was I 50, 100, 150 points ago for placing a trade in this direction?" It won't really help you make money, but it's a good learning process for the future.

Sorry, I just never gave film critics too much respect, well, mostly because I reserve it for the filmmakers. I've read and had to "critique" enough film criticism to know how much is imagined bs, but then hey that's their privelege and their livelihood. A film critic for me is not much more...

But you still have full exposure to a retracement? At low capitalization, you should/need to be more ambitious.

My cheeky post was in response to the "shouldn't be in the markets to begin with" guy. Sure, whatever works for you, but not all of us have 8 figures where all you need is one or 2 good trades on the daily chart a year to make the numbers sound nice. Some of us need a much higher velocity...

And let me guess, the "breakout" traders all took their profit at the top? No, they're stuck long and will stop out probably 200 points lower from here. Charts aren't enough for forex, it's one of the oldest markets around and you just won't get very far reading tea leaves and drawing lines.

Why don't you stop complaining, go short, and clean up when the "manipulation" is over? Wouldn't that make you feel much better than anything we can write on this board?

Good answer, but it's film criticism, not literature. Her "body of work" is her opinion. You either share her views or you don't. If you get talked into liking a movie because of what a reviewer writes, your mind just might be "too" open. Kubrick and DePalma are pretty much on...

If you're gonna trade off technicals, then yes I'd agree -- if only because one would be making fewer trades :)

Well congrats on being long, but the corrolary to that is if one was short the euro as a position trade the market just gapped against him about 70 points over the weekend. Position traders (especially currency traders) experience much more volatility either way in holding longer timeframes, so...

How can you respect anyone who didn't respect Kubrick? De Palma is the long smudge on Stanley's toilet paper any day . . . :)

Commerce Bank has no fees on incoming wires.

Duh, I guess it was just the HD channel in particular.

jk, I have no clue who they are. But the point being, don't you guys think it's a bit dicey to be spreading the word on whatever it is you sell on a public forum with little or no control over what people write?

I hear these guys are horrible, a total scam operation.

Position trading and daytrading are 2 completely different animals, yes the longer time frames offer greater scalability but the intraday allows for much tighter risk controls, allowing for larger position sizes relative to the account. It's nice when you're in a position trade and the...

What time frame do you intend to trade incorporating the above?

Commercials just keep cutting in at the wrong time, with lots of "dead time" with just the band playing against a still frame of the guest. Messy.