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You have yet to reach the stage of financial freedom to let you understand that happiness in life is not about being in Market Wizards or Forbes/Fortune top, but in harmony with yourself... To answer your post, of course my size is much, much smaller than $100M... but WHO CARES? :)

This gap close today was such a sweeeet trend for day trader. :p

Day trader would definitely not LOSE big on that gap having price shoot through his stop-loss. :p

You can't compare retail trading to institutional level trading. What's relatively probable to make with $100K can be absolutely unrealistic to do with $10M not even speaking of billions. Market is fractal structure, but within the physical limits of reality (aka liquidity issues etc.).

I would say 20% per month is more realistic than 1% per day if you get what I mean.

Jack, as far as I remember from our talks and your threads a few years ago you rely heavily on volume. What do you use to measure volume of EURUSD?

I seriously use Linux on my trading (and non-trading) PC's (RHEL6). It's amazingly stable, never runs stupid updates without my own wish, can simply forget about viruses/malware and most of trading software I use is Java based so makes absolutely no difference if it's run on Windows, Apple or...

Who cares? :D

If someone even using $10 forex account can do PF of 50 for the year as a result of significant amount of trades (to exclude luck possibility), it still means that person trades very well.

Hey RM, Myfxbook attached to Oanda MT4 account.

1.8.

I am probably the least advanced technical analyst here, but so far daily/weekly clearly trends down making new lows of the year so staying S long-term until opposite clues appear. P. S. LEAPup, wish you recover as soon as it's possible.

Euro daily is once again coming close to year's low. Now we watch for either break down below it or wait for possible reversal signs....

You confuse psychology with psychiatry. I don't have patients, I have clients and success rate of fixing their problems in the long-term is much higher than 5%, believe me. P. S. What is your education to judge in such a wide range of knowledge from trading to psychology?

That fits into "do your homework" category in my view. Indeed it takes a lot of time to notice patterns of the market, which work then develop your signals based on those, back/forward test them, demo trade them and then slowly start live trading them. But what stops most who try from doing it...

Nope, not the case, because consulting a client is not something that demands iron discipline and deliberate practice. So if you just have enough experience it's easy and far not so demanding as trading. But ask an old smoker if that's easy to stop smoking and you'll see the reality: being...

No different from starting any other business from scratch (failure rate of restaurants is close to 90% for example) or kind of activity which requires serious focus, a lot of work and iron discipline (failure rate of smokers trying to quit and obese people trying to lose weight are good...

That's the problem of most who lose in this game. You think it's the method, not the trader. :)

Nope, no real-time day trading calls except for those who already know enough... yet. :p Keep thinking it's impossible. :)

http://www.amazon.com/s/ref=sr_tc_2_0?rh=i%3Astripbooks%2Ck%3AAlbert+Einstein&keywords=Albert+Einstein&ie=UTF8&qid=1337488047&sr=8-2-ent&field-contributor_id=B000AP7JOU I assume Einstein was a total loser in physics that's why he had to write many books and read lectures. :D