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Remember when nobama kept saying that the markets will crash and we will be in a great depression if we didn't pass the stimulus. They just try to create a sense of urgency to pass the damn bill without anyone reading it. The politicians do this urgency tactic and everyone falls for it.

Read all posts by, Cheese, WRBtrader, and Handle123. The hardest thing for newbie coming to ET for advice is finding out what advice is credible. Those three mentioned above all have many years of experience and much wisdom. It's a good place to start if your looking for resources via ET...

So basically you are a trend follower. Thats fine. I was just kind of confused on how one learns to be stupid. The stupidest thing I could think of was buying high and selling low:)

I like to exit when volatility is expanding. There is no one size fits all. A dynamic exit method which is shaped around the market itself, price action ,and context is your best bet IMO

so buy high and sell low?

Can anyone hook me up with 10 or more years of CL tick data or Min data? If not, Where is a reputable place I can purchase this? Much appreciated, Zr1Trader

The tricky part is .... When is someday? Time=Money I got a buy signal for /NG on the 1 hour chart on Friday. We'll see how she rolls.

Can you post real blotters ? :) I would also like to recommend that if you are new you should be using your own money at first so your family or friends don't resent you if/when you lose their money. Use 5- 10k of money you can afford to lose as tuition of getting familiar with emotions...

Short dentures , folgers coffee, depends, and ky jelly. jk :)

If our conscious lives forever then death is a myth, and trying to get around it is pointless IMO. Thing is, we won't know for sure until we "die". I've done a lot of study on Near Death Experiences and the evidence of an afterlife is pretty compelling. Either way, if I die , fine. If my...

I call it "the hate f*ck" Obama knows what I'm talking about.

See thats the thing, as of now, I think oil is a fantastic long term bet. But who knows how long that will last if we find out Peak Oil becomes a myth in a couple years. I think grains is another good long term bet. Avg age of a farmer is 50 something and there is an ever growing increase...

do you mean "option strategy" or options as in different choices ?

I asked in an earlier thread and no body responded. Ill ask again here since I am interested . Anyone can answer I guess but I'd like the answer from a successful futures trader. What percentage of your liquid net worth do you have in your futures account? What percentage is in long term...

I've been in this baby since $53 in my IRA and don't know whether im brilliant or stupid for holding this long . 85 P/E lol .. Seems like the late 90's all over again with this stock haha

You are asking the right questions. In most cases the broker will close you out if your account equity can't meet the current margin requirements but you don't ever even want to let your equity get close to that point or in any danger of getting to that point. In case of a black swan you could...

From my understanding of the markets larger participants use larger time frames therefore more volume is probably traded near those levels by the large participants establishing or defending their positions near those levels. It may look like a consolidation range on the 5 min but will look like...

For me, Confluence Higher TImeframe = more significant of level. How price reacts at the level (eg if a hammer forms as reaction to level) Nothing is set in stone, IMO looking at the reaction to the level is the most important.

Dictionary definition #8 to have a slight advantage or superiority over. So those who make money trading have no advantage over those who don't?

"EDGE" = Entry, Exit, and Reverse Signals, Proper Capitalization, Position sizing, Money Management, Stress Management, Cost Structure, Platform, Data feed, Computer system, Internet provider, Internet speed, News Service, Black swan protection measures, Power outage protection ect. My edge...