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Whilst I am educated with a university degree & all that, I have never set my judgement of others on degrees or educational attainments. As an employer I look for hard workers or winners .. not degree holders. Ability in the workplace is the best standard. I have had no problem rejecting degree...

Good question but I suggest you need a top ranking problem solving brain. But then you still need unyielding willpower to become a top player. You cannot get it or you cannot get more, if you do not have it. If you do not have it then you are completely f**ked up the butt. Game, set &...

Daytrading: I don't set targets for each day. I take what the day offers (eg YM). First, put aside 'trading for a living' which is a distraction preventing straight money accumulation. If you are simply using the market to build a capital pile, you add to & multiply your gains in making a...

Whats right with it? Get going and soak away some real big money bailing on your pluses for peanut profits & stuffing yourself up your butt with stop losses. Then you'll be ready to tell your story at ET. 'How I Lost an Arm & and a Leg Trading' which you could also publish & sell through...

Well hell something good ought to come out of straight talk as in your post. I have to make one comment though. You shouldn't be trading and making loss days. Whenever I read about losses and drawdowns, most times, I just pass on by. Its part of ET culture and belief. But what if one said...

There must be a 'recycled paper' futures market that no else has noticed. Sweet. :)

There is no greater risk in swiftly accumulating money in order to amass very large capital. This when done puts you beyond the need to be jacking around trying to make a 'living from trading'. The discipline involved is not to spend from your accumulating money (accurate trading being...

Both are shallow mantras of little meaning or use. To make profits from trading, what makes you think any buying price is high as opposed to low? Accurate trading implies a neutral mindset where the absolute price at any one time is not important. It does not matter if the YM is at 10600...

'The Random Entry' opening .. giving it a title as in chess. This one does get thrashed to death as a topic. Can random entry be profitable? Yes. This assumes you know all the other elements of successful play apart from an initial random entry opening (eg YM). But why do it? With...

I recently made the decision to quit school and become the first child Prime Minister of India. I have no background on India. Should I travel to India by air? Or should I walk there by the shortest overland route. Child 8billion&88

Death is something which is there but your attitude to it can change. Death is the end. Why try and extend yourself beyond the end with some la-la-land self deceit of continuing in another dimension. Try this. Death is good. Its the closing page of your storybook. 'That was a f**king good...

Daytrading where you are pretty much stripping out the bulk of the profit points a market offers each day would not be admitted. It would stupid to do so. The scale on which you can do this, won't be answered either. This is why a lot of innocent questions on ET do not get accurate, real or...

I was just pointing towards the need for an open mind and getting started with the questions about the market that gets the process of understanding under way. But what 'opposite' did you have in mind? :eek:

Jeez .. talk about making problems where they don't exist. You are not in a contest with someone else; you are not in a championship tussle. There is the market (eg YM). There is you. You arrive with a big bucket. Its empty. You want to fill up the big bucket. Right? And as well you...

"..the accumulation of wealth, of a big house, political power, a beautiful wife, are relatively meaningless." Nice quote from a very great author .. but ah .. well .. shouldn't that console the poor, the stupid, the marginal, the mediocre and the unsuccessful .. no? NO. :)

Naive, no, because you are posing questions and seeking answers to questions. I am always recommending a whole day approach to take money from the market daily. This means day trading. For this I suggest an index futures market. You are already looking at YM. Next you will see the gyrations...

Up to Friday, YM has had 7 successive days with a 100+ range which is above the norm for the last 3 & half years. And 4 of the 7 were in a 150-215 zone! :)

You need to get over your problem, pal. Analysis algorithms! Sweet. Tell us all when you've retired with your trading fortune .. or is it your poker made fortune? And poker, you say, mirrors life. LOL. :)

Well, Trish, to summarize Tolle I suggest it is instead about 'stillness' and if anything how to interrupt & stop thinking for periods of retreat. I like your reference to the 'holes' in the individual because you can have a reaction to someone's real or imagined 'hurt' to you without hardly...

OK what support/resistance? On what timeframe chart or on what size of tick, range or volume chart? Now price if at an expected support or resistance, can and does overlap them even if ultimately price appears to respect them for the moment. How are you handling that? Bottom line: support...