Search results

Here's the Mercenary Creed from their website. http://mercenarytrader.com/ Mercenary Creed I. Thou Shalt Heed the Price Action. II. Thou Shalt Respect the Risk. III. Monitor Thy Equity Curve. IV. Thou Shalt Go For the Jugular. V. Thou Shalt Focus on Making Money. VI. Thou Shalt Go...

Nice trades Star. :) And obviously the employment numbers tomorrow may likely have a big effect on where the market's are headed like we've said. Also DX continues to rebound which will put more pressure on crude if it continues...

You're welcome. :)

It's funny that I know this but somehow today I expected CL to trade right along with the Index funds. And it did follow them down. But when they rebounded it just sat there and then rebounded and pulled back on its own. :) I even tried to enter positions using TF as a guide as it frequently...

Some basic Soros' trading principles: * Some people spend all day talking to their brokers. Soros “prefers to talk to a select few people who can be really helpful ….” Then you need to think and read and reflect. * To be successful, you need leisure. You need time hanging...

Looking for 62.50 by the end of the day...................................kidding. Haven't a clue. :)

Tried 88.30 but it stalled out and didn't follow that bounce. Let's see here. Took 10 cents but missed that stalled break. Still learning this contract. Shakes his head. :) Does holding for 10 cents count as staying in a position. :) When it didn't follow that move up I thought maybe it's...

:D

Volume was light yesterday on ES too as it was during the holidays obviously.

Here's GC Feb 11 http://www.barchart.com/chart.php?sym=GCG11&t=CANDLE&size=L&v=2&g=1&p=I:5&qb=1&style=technical

DX is up again today. They're expecting a bit of a rebound this year. Time will tell. http://www.barchart.com/chart.php?sym=DXH11&style=technical&p=DO&d=M&x=84&y=12&sd=&ed=&size=L&log=0&t=CANDLE&v=2&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=#jump

You'll get it. You'll even pay cash straight up. :) A little bit too early on the exit. But very good trade none the less. We're going to work at holding positions longer or, as NoDoji has mentioned, reentering after our targets are hit.

I've been waiting for the market to call to ask me if we should retest those lows from yesterday. Still waiting and no one's called. Looks like it's doing it's own thing. :)

You're welcome. :) Here's a thread devoted to this. http://www.elitetrader.com/vb/showthread.php?s=&threadid=213079 I have a few more things to add. Not saying everyone should adapt George's risk strategies. But he makes some good points. I appreciate that you're always learning. And...

:D :D :D Good luck to you too. Don't forget to send me my check for the call on those ES puts the other day. :)

ES is sitting at short term support. Look out below. :)

Good Morning :) Well got off to a late start today and just missed that opening pullback, the easiest most predictable move. Oh, well. I'm going to maybe just let it go for now. I was awake quite a bit in the middle of the night and actually was just thinking good thoughts about my life in...

Here's another article on George. http://www.investopedia.com/articles/financial-theory/09/how-soros-does-it.asp George Soros: The Philosophy Of An Elite Investor by Lisa Smith Did you know that a $1,000 investment with George Soros in 1969, would have been worth about $4 million by...

Here's a story and quotes from George Soros. Probably a lot of you have seen this. But just wanted to share this in regard to maximizing your profits on your trades. I know he's a controversial guy, but this post is about trading. So those of you who don't agree with his politics, etc. spare us...

Here's the story and quote I was looking for from George Soros. "You call that a position?" Q: What else have you learned from Soros? A: I've learned many things from him, but perhaps most significant is that it's not whether you're right or wrong that's important, but how much...