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So he doesn't NEED you....:) Then why the offer? Because this asshole is a con artist trying to game folks.. Hey asshole, I have 10k, pm me and I will show you how to fold it and "insert" it where it will do the most good.

I think the only way for you to learn is through experience As far as I can see, your "skills" include the ability to ignore good advice... One can only wish you well and smile. Steve

Well, so far I haven't seen any comment that displays understanding of what an edge is...thus my comment about "skills". As regards success in the markets, some skills are more important than others. I can take people off the streets and train them to execute a trade. I can show them how to...

Excuse me, I am one of those skilled traders referred to previously Skill in and of itself isn't an edge. An edge is a statistical tendency that is obtained by doing research. All skill does is help you to find it, and to trade it....and when it disappears (as they do) presumably skill...

Sure, Now I will feel like I accomplished something this evening if I can say one more thing.. Its true what you say, that the main job of retail traders is to manage risk....true enough... Now if we can just make this little leap....and that is..that MANAGING RISK IS NOT THE SAME...

I noticed the debate about the Maxspan trade..and the comments about the drawdowns... If we leave aside the personal comments, there are a couple of things I can mention that might help new retail traders who are interested in advancing themselves. First, one has to evaluate a setup based...

I think chances are good that they mark it up into the close.

Hi tradertime I agree with your comment. I think what happens is that many of the folks who responded to your thread carry on an internal dialogue related to their masculinity. In other words, they spend a good deal of their mental resouces "telling themselves" what "big boys" they are...

Here is the 5 min chart As before notice how this market signals high and low "swings" with buying and selling tails. For those into the research I suggest checking the Historic average volume against today's candles. As before I have left my S/R lines in from the 60 min chart Note how...

Hey; I thought this might be a good time to look at the 60 min chart Although I did not post on the open, I did trade later in the day. As mentioned before I watch the 60 min chart for clues as to how the day will unfold. This one was an easy day to be sure, especially the afternoon. I am...

Gotta close out here at 1524.25 Doc's appt. See you later

I am long above 1520 with a tight stop

Smart move. You might be one of the smartest folks on the site. At some point everyone has to decide whether they are satisfied with their progress, or whether they would be better off letting someone else do the heavy lifting. Life goes by fast..Find someone else to manage your money for...

Luck isn't my idea of a robust strategy either Longer term ma's show support for longer term moves of several day's duration (depending on the length of the ma) They are useful because they show you where a move was supported by what I call "other timeframe" participants. These are...

Luck isn't my idea of a robust strategy either Longer term ma's show support for longer term moves of several day's duration (depending on the length of the ma) They are useful because they show you where a move was supported by what I call "other timeframe" participants. These are...

Actually the longer term ma's also indicate longer term support for a move. Using 50 ma and above shows that the market has supported a move over several days. The longer term ma is used by players with a different time frame reference. These players are often the ones that come in...

Yes sir I did, and just exited at 15 My target was 1505 but I did not like the action so I got out. Sorry about the delay, I was trying to put a long postion on at 1515.25.. Missed my entry and am standing aside for the moment. Steve Edit; I am looking to buy 1517.5 with a...

Yes I understand your point. That is why I often scale in to a position. Psychologically it is easier (for me anyway) to hold a smaller position while it wiggles around. I have found this to be important for markets whose point value is high like the Mini Russell for instance. It allows...

Okay I spend about an hour prior to the open "preparing" for the open I am not your best model however, because it is probably not necessary to do that. I am a type A person and I usually go a bit overboard on the prep What is more important than "how much time" is "What do you look...

Finally, my 5 min chart. This chart has the horizontal lines showing S/R from the 60 min chart. Notice how price moves around those lines. As you may remember from my previous charts I look for buy tails to signal a long entry. Here we had two of them. The entry is pretty clear (in...