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    Two Questions For Practicing Day Traders

    it IS what he says...ad nauseum...and after he repeats it, for the 99000 th time, i understand what he says.....shows the greatness of the man for having thought of it,first. while most people think he over complicates, he actually makes it ridiculously simple.
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    Two Questions For Practicing Day Traders

    follow the trend the trend is your friend all friends leave so you should be able to recognise when a move is overstretched in any one direction. it took me 20 years to learn this. so you do not get in the end..... markets hate strong moves.......big bars mean non sustainability. market...
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    What is traderlands?

    nice to see you are well but also alert..........great job
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    What is traderlands?

    you do not need rules to trade you need a good pair of eyes with a healthy dose of market knowledge
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    What is traderlands?

    you have been naughty......you should have disclosed it
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    Forex Analysis Today

    i hope so..... that is why i am posting this. PRICE is more than enough. all markets do whole day is go up ,correct or 'test' the low of the upmove: this test may be be a higher low, a double bottom or a lower low and then go up again to break the high of the up move. if the high of the up...
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    Forex Analysis Today

    if an indicator leads price, unless you know by how much it is leading you sometimes get into big trouble....... the very meaning of leading means that the indictor -correlation in this case- goes in one direction and price in another. since profit is measured by price, you need price to move in...
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    Forex Analysis Today

    i find ES much better for trading than any forex pair.....could never figure it out it takes forever to make 10 pipps even on the liquid pairs but that is my personal issues
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    Forex Analysis Today

    i do not see a moving average on the chart? also if you have indicators you spend a lot of time focusing on them to figure out something you can see directly on the chart
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    Forex Analysis Today

    is not market action the focus of any trader?
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    Tough trading gap ups

    sorry i missed that......you are 100% correct
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    Tough trading gap ups

    no he has a point
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    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    this is probably the most arrogant title for a thread i have ver seen in any forum anywhere in my 30 years. that is like saying since more than 3-4billion people have no use for fork spoons and use their hand or chop sticks ......those things have no use or utility on a table. The most ardent...
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    Scientific evidence of trading psychology

    if you want volatility go to Las vegas casinos.....
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    Scientific evidence of trading psychology

    my wife does a lot of things for me...you think.....?
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    Why do newbies lose?

    in bangkok you can see live shows
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    Why do newbies lose?

    we all love easy money. today i sold ES and thought it is so easy to make money. the minute i sold i got 3 pips paper profit which flattered me even more...the market then went in the opposite direction for a long time.....it was lucky day because the trade eventually gave me 13 pips. when ever...
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    Why do newbies lose?

    i used to make good money then over 3-4 trades lose it all...... i think it is because i did not have a clue, like most people, what was a channel, leave alone how to trade it, if at all. i realise now that either to go one side, meaning in a bull channel, only buy....and then have a lot of...
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    Why do newbies lose?

    buy low sell high......newbies know this ,do it , and then wonder why they lose money... if it was not so sad i would be laughing my guts out. so it is obvious it is not buy low sell high. what is it then? buy low in the trend and sell high in the trend
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