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If I am trading a 5 min chart, would I find the "dominant trend" on the 15 min, 60 min, day,or week chart? And how far back would you start the trend line? All of these different variables will determine a different outcome of where the dominant trendline is, correct? I am not trying to be a...

I do, have been for 3 years. No other source of income. Had an ebay business , quit that to trade full time. Most money is used for long term holdings, keep 25k in futures account and withdraw monthly for expenses and the leftover go into long term holdings.

I like your point about the signal/trigger being separate from your entry signal. I currently just use 1 setup and have a pattern signal along with a separate entry signal to minimize risk on entry. On top of that , one needs to have a plan of action for possibly trailing stops or exiting after...

The NASDAQ is cheap relative to earnings . That's all I got

I would also like to add that larry williams daughter also turned 10,000 into 1 mill.

When I was new to trading while in SIM, before I read any books on trade or money management, all I did was trade the failures as you described bigsnack, actually worked out well at the time for me and I thought, How could trading be this easy? That was the only logical entry I could see on the...

Recovered the account finally, no spam emails or anything like that occurred. I know that no body close to me reset the password because It even took me 5 times to remember all of the various info you need to recover the account, The automated recovery is VERY detailed like, "when did you sign...

The thing I never understood about prop shops, (i've never been in one) is why do you even need them when your broker already provides you with leverage? The first trading book I ever read was Reminiscence of a stock operator by Jesse Livermore and it is clear in the book that the motives of...

I've always asked, What defines "smart" ? An auto mechanic may know 10x more than you about cars but you may know how to make 10x more money. Does that make you smarter? A phd in physics or Warren Buffet? A bum on the street who has $2.25 and lives a "free" life or the Joneses down the street...

Another thing I just thought of for anyone else that wants max protection, Whenever your browser asks if you want to "remember password" so you don't have to type it in over and over. Don't save it. A trojan horse or virus could probably pick that up from your computer pretty easily.

The email password I used was exclusive to that account and wasn't easy, All I can say is whoever did it is good. If they can hack citi, and gov't officials emails like the Chinese did last week then they can certainly hack anyone. I used google docs which is part of gmail. Those documents, had...

I don't know if I'm just paranoid or what but I am never posting in this thread anymore and I suggest no one else does either. My Email account which I am VERY protective of has been hacked and I can't access it. I had a ton of information that could be used to eff me hard, very hard. Identity...

I was just on gmail like 10 minutes ago tried logging back on and it wouldn't let me. Never gave my password to any phishing scams anyone or anything EVER. I'm sweating bullets right now. I'm done posting in P/l thread . My ipod touch also had my gmail account linked to it with saved password...

+$800.50 Have a good weekend all.

If you don't have the funds to trade yet just trade sim until you have enough money to trade. Trade the /ym or something. its 5 bucks a point. YG mini gold. You mentioned you had an idea for gold. Take this seriously like your going to start a business. You can't start a business and expect to...

Since real estate is in the shitter, buy land that can be farmed (corn,soybeans ect) and lease the land to someone who wants to use it. Lots of people do that here in Minnesota. Condo's are dirt cheap here too compared to what they used to be. Buy a few condo's and rent them out, raise the rents...

It's so funny that she stayed with old Billybob just to climb the ladder. Didn't she make a small fortune on some livecattle inside trades or something similar?

NEW YORK (TheStreet) -- U.S. Secretary of State Hillary Clinton is seeking to be president of the World Bank according to a report from Reuters. http://www.reuters.com/article/2011/06/09/us-obama-clinton-worldbank-idUSTRE7586P720110609 Wow :confused:

Trade alone at home. Gets boring sometimes but the freedom is priceless. I'd "go postal" in an office environment.

+$823 Traded es, ym, 6e, zn, qm, gc, 6b , cl, yg Busy busy day, had a couple sister market trades simultaneously (yg,gc)(qm,cl) increasing my exposure a bit but turned out well. Usually I just get a signal in one market or the other. Good day