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Clearly a Darwin Award winner.

Missouri’s GOP-dominated statehouse clamps down on bleeding heart cities that might raise minimum wage

Arkansas pastor’s wife turns him in after finding ‘tens of thousands’ of child porn files

Of course it is. But when we talk about "being in synch with the market", abandoning the idea of "self" is a great help, and opens the door to trading emotionlessly.

There is an impressive and growing body of evidence demonstrating that investors and speculators don't necessarily learn from experience. Emotion overrides logic time after time. -- David Dreman

"You" Don't Exist: Why an Enduring Self Is a Delusion Mindfulness practice increases our capacity to ride the waves of pleasure and pain. By Ronald Siegel / Psychotherapy Networker What if our therapeutic goals of improving self-esteem, developing a stable and coherent sense of self, and...

So much for libertarianism :)

If the cognoscenti don't want to mix with the rabble, all they have to do is make extensive use of Ignore. After a point, ET becomes a virtual private website. No need for elaborate formulas to determine "quality", no need for curtained or glassed-in alcoves, no need for additional fees, no need...

The 1m chart so far:

That some of them have become platitudes doesn't make them any the less true. If the failed traders who are forever arguing about this stuff would put them into practice, there would be far fewer failed traders.

A 1m chart of today's activity. 0800 is not especially early, even if one works at home.

While I don't want to nag, I do want to point out, again, the advantages of trading a longer bar interval. I realize no one who's posting is doing this, but I continue to encourage those who are not in a position to daytrade to explore this option.

That's a tall order, but "start" is a key element here. Extraordinary Popular Delusions & the Madness of Crowds is a go-to beginning, along with The Crowd: A Study of the Popular Mind. At some point, you will also want to begin learning about yourself and your own fears. As we are more alike...

I don't usually draw trend channels on such brief timeframes, but you'd have to be blind not to notice this: We need to close below the low of the day to warrant an overnight hold.

Yeah, pretty much. :)

One of the more frequent questions I get has to do with holding trades overnight. Given that we appear to be clearing away this median, and given that the other side is about 200pts away, this is a trade that I want to hold overnight. We'll see how things look at the close. Next level down is...

I'm working with people on three sites at the moment (plus email) and the "struggling" traders continue to have the most difficulty (beginners, the least). One of their bigger problems has to do with fear, of course, which has a particular influence on their ability to track price and follow the...