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This is totally a joke. There is ABSOLUTELY NO way that they can make such computer at $35 in NEAR future. The LCD panel, 2G Ram, wifi chip,cpu, solar parts will cost several times of $35. I am just shocked how shameful that sibal guy is.

I saw this same "report" 8-9 months ago on some chinese web sites /blogs. I can say it is completely false information without any facts to back it up. The best way to find out is to go to big cities in China and have a feeling about it. maybe 1-2 million flats are vacant in whole china, but...

I don't buy "screen time 5000 hours minimum". many institutional traders don't ahve that mnay screen time, yet they are profitable.

for example, I look at charts, and found and back tested, if price move up and down too much , statistically speaking, there is high prob. of pull back. this is my edge. however there is not much such trading opportunity, maybe only once a week. some people do trend following, some trade on...

what u said is right in theory. However sometimes when you see the two HH and HL, the trend is almost finished. and when you get into the trend, it is reversed. what are you going to do?

you mean if you go long, decrease your entry by two points?

You can say the same thing to most jobs. day trading is just a job, u put up several hours and make some money. that is it

we all know that final match of world cup will come soon. Here in the city where I am staying right now, some underground gambling house offer the following bets. if you bet Spain win, you will win $210 , if you are wrong you lose $200. if you bet Netherlands win, you will win $170, if you...

for day trading, I know loss is unavoidable. even if you have a high winning odds(let's say 60%),the probability says there is still 1% chance that you lose five trades in a row. 1% is small, but it is still not rare. if you are over leveraged, the draw down could kill you. This is why Kelly...

did you also look at if winning days were results of violating those rules?

at a given time, it is very hard to predict where next move is heading. However the support/resistance level is not that hard to predict. Once price level breaks out, the move is very strong, at least for a short period of time. what are the reasons behind that?

Nodoji, thank you for the thread. I am just starting day trading. I have all above said problems. I think there are something you can do. 1)for #6, you can automatically place stop and profit target limit order once entry is filled. this will help you a lot. 2)Write down rules and read aloud...

nonsense.what u said is unconvetional, but nosense nevertheless. Trading is all about probability.

You have been profitable every week for several months now. How do you know if you really have an edge or just get lucky? how many trades can determine one's true edge? by that I mean winning odds.

50% of the wanna be "traders" don't know how to calculate volatility and simple probability. The 50% who do know, 50% of them either don't have any risk management or have any discipline, 30% of them are not emotionally stable. so if you don't have such problem, that puts you in the top of...

Very Nice. I have tried similar strategy trading ES.I do find it is very high probability trading strategy. the downside is you have to look at screen all the time, not for lazy person. When my limit order is executed, my pre-defined stop loss and profit taking target is placed...

Let say I buy ES at 1050 and have a stop order at 1048. Can your broker just fake the data and trigger your stop loss order and buy ES from you at 1048 and sell it at market at 1050 and make 2 points profit?

Most people say trend following works better because you could potentially catch big trend even winning odds might be lower than 50%. However it is not that easy to catch the trend even your bet is right. quite simply, along the trend you could be stopped out if you use trailing stop. On...

I have the same issue. I realized that if you are intra day trader, you cannot afford wide stop. so what I do is once the trade is profitable, observe the price movement, if the trend is still very strong, then you can widen your profit taken target and at the same time decrease your stop level...

what you said is not really new. it is called communism.