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The worst that can happen to Greek itself is referendum, and most of the Greeks people ( i recall is 75% from the survey) still want to stay in Euro with "any cost" even they refuse to pay their debt, and after the referendum, the "new" coalition government can go back and borrow more money...

Risk / reward < 0.75 with probability of 80% win rate. LOL. If someone has an approach that can generate this type of return, the institutional (Goldman, morgan) will not hesitate to buy this approach from him for at least for $50million (provided this is not curve fitting that work only in...

Keep on your arrogant behavior, we all know where this type of amateur trader end up with. I been trade for living for many years (not day trade) and I have a comfort life from trading.

Still not giving up your day trading ? Keep losing money and don't know why ?

He is just a child that keep losing money and never give up, and need to come to this forum to vent his anger against the market. As I said, I wish him all the best with his "day trade". If day trade is profitable, the institutional (GS, MS) already make all the monies in the world and not sure...

The link is from this gentleman (id: Sergio) in one of the post, cited from price action lab@ www.priceactionlab.com/Blog/2013/11/frequent-retail-forex-trading-is-a-losing-negative-sum-game www.priceactionlab.com/Blog/2013/11/some-intraday-futures-trading-realities/ Please continue with your...

[QUOTconfirm my susi am nobody, post: 4109917, member: 477969"]Apparently profitable traders don't exist. At least not at ET. If I say i am losing everybody will agree, if I say that I make some money everybody says it is impossible. So posing you question is useless. But you still did not...

So you are a consistent PROFITABLE trader for more than 5 years ??

I agreed, slippage and commission is the one that kill retail slowly but definitely. A lot of PA guru here claimed they have edge to overcome the commission & slippage, but I never see any real proof that they have those edge. Most only show the chart in Hindsight that they will buy here/sell...

You should know most of the traders in prop firm fail?

Relax, this drop only move the market to the "mean", it will be perfect if it can go down to ~2000 and then time to go long with BTFD.

You are lucky to have 2.6% and not - 2.6% :)

The hot topic this week is if Fed will remove "patient " this week. My guess is they will not, based on what i feel and the data i gather so far. It will be very unreasonable and not market friendly if they do so. I may be wrong, what's you opinion?

Lol, the questions is can you stay solvent and not die with millions cut in chop before your trend resume?

What is M1?

No need to pick the top or bottom as no one can do this, you just need to scale in, and overall you will be OK if you are "right" in the trend. In the QE environment, you know where the trend will go :)

Back to trading since technically this is a trading forum. Things also change this day in trading, you no need to be smart, highly qualification with PhD in Math or some serious technical or economy area, nor even you need to spend several years in front of screen to master the technical...

Not sure why, but it seems you always has the bias or tendency to bid the market will go down. This is losing strategy in this super bull market. Trading is more on what the market tell you and not what you want to tell the market

I will take this as good opportunity to BTFD.

Disagree.