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If it means people prefer to be losers, then yes it is true enough. Losing simple puts the loser in a big crowded comfort zone to enjoy a lot of company with most other people who prefer being losers or semi-losers along with their huge variety of rationales for that status. :)

Choose intraday, if you want to just amass money rather than fight for what is called 'trading for a living'. Choose index futures for your market (eg Dow). The aim is simple: to scoop out what each trading day offers. Why evade the full day on day opportunity by dicking around with trading...

Trends, bends & counter-trends. The gripping fantasy of the trend. Time to borrow from Ghostbuster's 'There is no Dana only Zul'. There is no trend only gyrations. :)

There would be merit in a Maths, Stats & Statistical Analysis Forum. I would have no idea if it would generate enough threads though. Bear in mind too that I have no academic learning or qualifications in Maths, Stats & Statistical Analysis. :)

Well, hell, I was just going to conclude, what a weak arsehole .. until I got to the last line. Countless movies end the same way .. the hero gets or keeps the girl. :)

This one turns up in various versions although the original one is specific. "For the love of money is at the root of all kinds of evil." 1 Timothy 6:10 :)

What does happy mean? In the ordinary meaning let me try this: its a comfortable good feeling where it is easy to smile or laugh where you spirits are lifted and where outwardly as a result you are pleasantly disposed. Only modest money or enough money to get by on can even assist. It makes...

The DOW (YM). Because of the volatility. Best money tree .. collect the money from the gyrations. :)

.. do you still wear less than the most expensive shoes?

Highly amusing riposte. :)

China is a threat .. economically and militarily. And push come to shove those mothers have no rules. There is no tradition of 'rule of law'. The answer: don't panic. The US is master of the known universe for the moment. And the longer term answer: get into bed with the Russians. They are...

You hit the button. Happiness is a choice. Making money is a quite separate matter. A common observation is that there are f**ked-up miserable mothers without much money just as there are with decent money or an awful lot of money. :)

The idea of wanting some money or more money or a lot more money makes the individual happy. And that is all you need to know. That way you never need to learn that money or any particular amount of money is not going to make you or anyone else happier. :)

And of course there are many times (Dow) that the day high or day low is at or a few points off the Open. If you have no means of validly recognizing or predicting that eventuality it does not help the 'Example' strategy to work other than either marginally or not at all. There is a good...

This 'Example' strategy does give some raw recognition to the gyrations of the Dow but the creators do not understand the large imprecision in their model and the potential for losses it can incur. Interesting, nevertheless. :)

Translated this might just as well mean buy high, stoploss lower and sell low, stoploss higher. :)

The claim here is that "However, it's possible to use the overnight markets to your advantage. Most profits are, in fact, created between the close of one session and the start of the next." I don't agree with that. But because I use a predictive model for daytrading (eg.YM) so I've noticed...

Yeah, OK, I can go with that Talas. :)

Thunderdog, try and get real.

What posts make the true old pros laugh? Frankly there aren't any pros on EliteTrader. Serious professionals exploiting the market wouldn't be wasting their time jacking around shooting off their mouths with a lot of the half baked stuff on EliteTrader. Nor would they even want to be...