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Cycles

Read the negative/arguments against joe's trading. This is why most traders fail. Certain traders (PA) can ignore this. There's more than 1 way to skin a cat

Not today sunshine??? Yup, well you step up to the plate then. Your attitude is garbage. That's the point idiot. Tiny R:R with an edge. Nice job Joe4422.

someone thought the same about you too i'm sure

lol. Wow. The funny part is that the flash crash resulted from one of the strongest technical levels the US is running on. The flash crash was my most profitable day ever. I was looking for it about a month back and the failure was supposed to take 4 weeks. Instead it took 1 day. Fine with...

. No it's not beginners luck. From the sound of it you're on an excellent path. You can destroy it though, be aware of that. Compounding is an excellent way to riches. Keep your discipline and maintain your edge and you'll be in good shape

Yup. Using time cycles can help to determine how long the continuation will last for.

You can do the same for limits too :) Buy the level and keep the stop tight As for the stop limit I like to know fundamentals for the underlying thrust. Example right now would be the Yen trade. You know the buyer is the gov't so any breakout should be a high % trade.

Didn't realize anyone actively traded these on here

It's not ThinkOrSwim. It's dumbshit Ameritrade. That place is full of muppets. That last upgrade they did sent me back to the 1900's :p

Those rumors for Bear Sterns are true. 100% true. Not sure about LEH though.

Honestly guys, this is kind of out in left field for him. Contrary to what people think, xpsurt is a genius when it comes to this stuff. The first reason I say that is because I didn't think he knew how to program and all his trading was discretionary. Second why would you want money? Not...

. I'm not taking sides but this is EliteTRADER not eliteINVESTOR. Man, you're all kinds of lost

If you're at this point, why is money still your intent? What you have is "priceless." Money wouldn't respect what you have.

A legitimate edge. Low commissions Small stops (already stated)

. Exactly. In addition it's huge over in asia. If that makes it a little more "self-fulfilling" so be it. Def not something I'd fade though :)

I have seen very few very successful traders use some type of "magical thinking" in their trading. Astrology is the one to use imo. Moon is best among nothing. They've even done research on correlations and its given a better edge than have the shit that's out the. Granted, if you don't have...

There are always going to be naysayers, and they're going to be the losers of the group over time. Quote: "Millionaires don't use astrology.....Billionaires do." Yoohoo, and his "trading the moon" thread. :) Astrology is one nice system. However, cycles are where the...

That's a rookie statement. There's plenty of liquidity added and PLENTY of opportunities given you know where you're at. You think prices are going to start ticking away randomly just because someone tosses out a few words??