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Jack Hershey? Atticus?

10X in a year? That's easy. I routinely pull $200/day from a $2000 trading account. :D

There are no significantly profitable traders commenting on ET. There may be a few "has beens", but nobody actively commenting on ET is a significant trader. I include myself in this observation.

Where on earth did you get the idea that the annual ROI is 69%? PV (1+I)^18 = FV Now, solve for I. You're going to get a very different number than 69%.

Lol. Sorry about that. I was going through a long sequence of bookmarks on my web browser left over from last year. I was trying to delete them, and clean my computer. I accidentally clicked on it and remembered the fun we had on this thread.

Is everybody ready for the xmas rally? :D :D :D

Sounds fishy. Are you struggling to swim up stream?

http://twitter.com/DailyFXTeam/statuses/268338196239233024

No, you're missing my point. Yes, you can use those formulas to dscribe the circle. However, you can only draw a finite number of points, because your computer screen has a finite number of pixels. In this way, the circle that is drawn is not continuous. The circle is drawn imperfectly...

It isn't "continuous".

So what. The best people are only as good as the quality of their education, up bringing, and "hardware". Like or not, we are all programmed.

However, to provide motivation, that is still better than he would do investing passively in your average mutual fund.

Remind me never ever, ever again, to leave myself in a large EURUSD position overnight. I am getting killed as I sleep! No buys and holds on this ever again. Something wonky happens to the EUR when the americas aren't awake to stabalize everything. :D

I had a lot of fun with the EURUSD pair today. Recovered 85% of what I lost after that sudded up and down on election night and next morning. Forgive my inexperience, but what exactly does "spread your loss" mean?

Moral of the story: "95 of traders, lose. They just lose". Why? Because we are playing with a limited amount of money against a market containing effectively an unlimited amount of money. This is actually an argument in favor of gambling. You may be better off designing a strategy...

Shucks, you mean you can't waive you hand and solve all the problems in Europe so that the EURUSD goes racing up?

Funny thing is that I think some of us chose to trade because we actually enjoy our own company. Nights like tonight, for examply, I really wish I were single again.

True. So spin the wheel. Make a quick million or two or three or.... and then walk away and do something meaningful with your life.

I don't think its as simple as that. My sister and husband are both teachers. In order to support their lifestyle they both need to be employed. They both earn approximately the same amount of money. Teaching is a normal job, therefore its ok that my sister also needs to work. I would...

You give me a dollar, and I'll give you one ruble. :D In four years time, you might actually find that that was a good trade.