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I have to agree with the others who point out that the risk per trade seems excessive for a new retail trader. Acccepting 15% risk on a per trade basis means that the trader is out of business after 6 loses. At that point, he has only 10% left in the account. If one were to take trading...

Quote from Jimmy Jam "At the more advanced levels of trading, this information can be used to substantially decrease your risk will increasing your return, and can be used to grow your account at an exponential rate." ----------------------------------------- What a wonderful comment. I...

This if for the original poster. Margin....It is important to know margin requirements BEFORE you trade, while setting up your account, deciding which markets to trade and how you will manage risk. If you are a retail trader, margin requirements tell you whether you can sit down at the...

(Quote) "Please, jealous of a meth-head who edits and deletes fills on an anon trading forum? Yeah, that's it, you got my number." ------------------------ Apex, have you been taking meth again. How many times must I tell you "Don't take meth until after RTH !!!" You are grounded young...

You got that right princess.

Yeah, another great nothing post. You SEE bullish divergence? You don't see shit...As usual you havent got the faintest idea of what you are talking about... You and Marketsurfer are one helluva team. He apparently is going to make a career out of getting his ass kicked on a daily basis and...

I like that. When in doubt, you try to get in touch with your feminine side..... :p

Now for those who think they know where it is going. Here is the daily chart. As can be seen, the market has tried twice to move through the 1530 area and been turned away. Some may think this is a signal for a top. What I think is that this only shows that the big boys havent decided yet...

Here is my 60 min chart showing a new "line in the sand" at 1530. I did take the short entry, but notice that the market is bracketed now. This means that it is auctioning up and down between levels, kind of oscillating around while people decide whether to mark it up, or sell it down.

I have friends in the military who have developed their own ritual especially for freaks like this poster "Nebishomodinosaur". They like to clean and load a .308 rifle, set the scope and clean both lens. dismantle and take the rifle to a place near the original posters home, where they...

I am very sorry to hear of the plan to offer mexicans amenesty I wonder what part of "illegal" is hard to understand. Illegal immigrants are "illegal"....they should be sent back home. Legal immigrants are welcome in my country anytime. Welcome. I will vote every one of the assholes who...

Its really very simple. Fly (or swim) to Australia Find a third party willing to store your Bullion safely Make arrangements to have the Bullion insured & stored Go to the Reserve Bank of Australia Buy your Bullion (remember to request an assay certificate) Arrange for...

Yes agreed. What may also interest you is that gaps and single prints (MP terminology) are also powerful signals. Gaps up or down are characterized as "invisible tails".. In terms of "what do I do with that info?", I think of it like this; Gaps up for instance indicate a significant supported...

Hey MarketSurfer Still using this female alias huh? Well I am unqualified to help you with your latent homosexual issues, but I can empathize with you about those who criticize Neiderhoffer's strategy without having a basis to really understand what he was doing. As you know I am not a...

In my not so humble opinion, each day is full of opportunity. If you find a day in the market is "not so nice" clearly it is because you have yet to find an orientation that allows you to fully enjoy it. As you pointed out, it is not fun to wait for stops to get hit. To be serious for a...

My first answer wasn't correct. Look, what matters in my opinion, is what you look at, when you look at it, and how well trained you are in terms of being able to synthesize a direction or signal from the data sources. I chose very carefully what to look at, I was well trained, and I try...

VERY very low temp..:D They're satin you know...Now where did I put my current trophy wife? She's a model you know. I left her in one of my homes, posing for the cameras. I am pretty sure she is still where I left her. One of you guys go and get her, and hurry, those supermodels die if they are...

I wasn't warned Also the eggs were undercooked and my newspaper wasn't folded properly. Finally you failed to iron my "shorts". As Donald Trump AKA "Mr. Helmet Hair" would say "YOUR FIRED" :D

As mentioned before, on a day like this, MP practitioners would be looking for a "selling tail". This allows the folks to offload inventory. The attached chart shows the rollover of the $ADD and the confirmation I would be looking for at 12:25 PST. Edit; By the way, a selling tail is...

Yes, I see it that way as well. and you can bet there are a few folks out there with the cash to do it on an intraday basis. If you are correct, a "selling tail" should be the result at the end of an up day. btw, some of the larger firms have programs to do this and they are...