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Yes yes yes I knew better. Just like the title says, terrible option trade...

lol I thought this might stir some people. I am not necessarily saying this companies will go down long term, just the way I viewed the charts they would go down over night. I was right about GS, horribly wrong about AAPL. Serves me right for making a trade purely off the charts, I am taking my...

So I am just posting this as an example to others that may or may not enter positions without doing their homework. I have had a great last two weeks, desperate to continue with my streak I was looking at GS and AAPL for a short term put (overnight). So without even looking to make sure there...

Thanks speres, I appreciate the help.

What do you mean supply line? Was that some news that came out? Keep in mind I am a total noob at forex. There are 4 trades there, the first 3 made me 15 pips, the last one I sold out with a 1 pip gain. On the last trade, what could have been an indication that the market was about to make a...

Fair enough, I usually have a momentum indicator at the bottom, but I heavily rely on support and resistance. So would you say that the winners I have gotten have been beginners luck? AReaGannTrader, what do you mean by bracket it?

I am attaching a 5 min chart of the Eur/Usd. I wrote on them where my entry and exit for the trade was. I had already made a few other successful trades for the day and didn't want to lose anything so I exited, mainly because my 20/40 moving avgs crossed. I was hoping someone else could have...

I just started doing that last night. Seems to work ok, but haven't really put it to the test. I appreciate all the replies. So what kind of differences am I looking at between this practice account and a real account? I know the mental aspect will be much different. My practice account is with...

I appreciate the insight. What kind of time frame do you usually trade on? I like to be in and out in 15 min or so, is that a losing battle? I only like to make 2-4 trades a day though. 50 pips seems like a lot of wiggle room and on my time frames I am not sure that I could get out 100pip gains...

To start off my question I will just say that I already searched and couldn't find my answer, if someone can point me to a thread that could help I would be glad to read it. I just started trading forex about 2 weeks ago, and was wondering what most of you guys/gals use for stops? I tried 10...

Lol, that was pretty good. Luckily I do have a real home. My truck is hooked up to a roughly 6000lb trailer of concrete forms most of the time. I don't think an Escape would quite do the job, and I don't consider it a full size truck. I am all for fuel efficiency, but lets see it in some...

Too bad the Escape Hybrid couldn't pull a real trailer to save its life.

Happy birthday, thanks for the book recommendations.

Man I am glad I got out on the small bounce that was had. I hope everyone else was able to as well. My new question is, how low will this keep going. I am currently shorting and doing great, but what if the the market moves up another, say, 10%. Will SKF drop down to $55? Will it gradually come...

Well thanks for your opinions guys, just glad I didn't put much into this trade. Could you elaborate how the mark to market will affect SKF?

Ahh, well I went long with some SKF as well... got it around 100. We will see how it works out. Should have held off until the close atleast. Already in the hole quite a bit. What do you guys think, will it come back up? For the record I don't have a large sum of cash in this, just something I...

Was looking at some etfs today and noticed that SKF is pretty low. I shorted it around 200 and did pretty well. Now I was thinking about buying some up, but still believe the general trend is up. Not to mention I don't buy on instincts alone. So has anyone else bought any? What were your reasons...