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Future is up again which shows there are a lot of buyers waiting for BTFD. This also means the market may up and the down in the next few days, but in medium term it will shot up again. Printing money rock.

If Greek is able to turn corner after they default & devalue their currency, other may follow. I doubt Greek can do any better without the free money from EU.

The problem is the all the central bank in the world are not able to find other alternative to create growth and wealth.

Portugal may fall, but not Italy, Spain and Ireland, at least not in this day. Q Greek has nothing to lose to gamble their future (technically they already have nothing leave so why not try their luck for the last time ?), but the cost is too expensive for Spain, Ireland or Italy to make a...

You mean experience to spend the "future" money ? This is no different from those that over spend in their credit card.

I agree, I will not short after it dropped like a stone, it only needs some dumb excuse to bouch back (such as China market or any talking heads to say something like buy the dip and etc)

I am only someone playing with paper money from one of the bucket shop, looking at the chart day and night and come out with the brilliant trade ideas

BTW - what is "wallstreet" ? LOL This day is so easy to know who is the real trader and who is those gamblers that have a $500 dollar account with the bucket shop. Those gamblers not even know what is "Dow Jones", round trip commission, contracts, PDT rule, mini, DOM and etc BUT they claimed...

I wish it can go down 40% so that I can buy in dirt cheap, but in reality it won't. Live in reality and you will be profitable, blaming others (market, Fed, bankers, super rich, IMF, ECB and etc) won't improve your trading result.

If Grease exit, DAX will go down for at least 10% and it will be a golden opportunity to buy (same as S&P in 2008). QE will pop this up eventually.

Completely agree. As I mentioned before, there are only two approach for day trading, trade chop/sideway or trade trend. They both end up you either have many small and defined wins with occasional big loss when big trend hits you, or many small defined loss with occasional large win when...

Do you ever think of why most participants in highly leverage product (forex in bucket shops and etc) loss their shirt? While this not happen to long term investors that use proper broker account?

Your loss will be greatly reduce if you are not using leverage

This guy seemed like he never loss in his day trading :rolleyes: One piece of advice, do you ever suspect why he never post his live trading video everyday ? Check the volatility (or at least look at the chart) of the day that he never post his result. :rolleyes::rolleyes::rolleyes: The day...

Final decision - Monday 6/22 . LOL Grexit or kick the can down the road ? The reality is Greek will go burst in long term if not debt restructure or "forgiveness", however, if they get the debt restructure, Europe is set for long term fights with other PIGS that will request a similar...

100% agree, margin & leverage is the main reason why novice lost their account. Too many snake oil bucket shops in today's market, 10 years ago you rarely heard someone are able to trade forex with $500 starting capital, and loss 80% in a week.

Don't day trade, don't use leverage. Make time to your side and your friend. For those who are new to trading, Future and bucket shops (spread betting, CFD and etc) are leverage.

This is only the first step to become profitable

If you have less than 25K, you should not trade but only invest. Leverage kill you but not your broker, internalized this, bucket shops are not any different from any casino

No, If the price ever touch $100, MS will claim he is double down, and if it hits $300, he will claim he will triple down.. ohh.. I realised he is talking about paper money.