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    The Perfect Edge

    ES, Tommorrow is a very auspicious day, it's Buddhas (and my Gurus) birthday, it is also the strongest full moon of the year. Consider it a very blissful time when many nice things are happenning (at least for me they are). What you have developed by this weekend you will have rapid success...
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    The Perfect Edge

    Remember, price is like a train that wants to travel to it’s destination with as few passengers on it as possible, especially the longer trips. It's when there are a lot of passengers on the train that it travels slow bumpy rides at close distances. Not only get out but reverse and hang on...
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    How easily distracted are you?

    1. Do you listen to music while you trade?..if so what kind? Yes - somafm (internet radio), almost always I listen to Drone Zone. 3. If you dont have a wife or kids, do you keep chat rooms open to feel not so isolated?.. Never. no phones, no surfing during market hours, no email...
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    Traders having ADD?

    What has helped me in the past was to go on a raw food diet for a few weeks. Basically I only ate fruits, salads, nuts and stopped eating sugar and most important - salt (I would have a glass of celery juice each day to get the sodium intake up). I remember that in those first few days how...
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    How to get some sleep?

    JM, Meditation will not only make you feel and sleep better, but your trading may improve as well. Some benefits include: deep relaxation relief from tension and fatigue energy enhancement better concentration improved memory stronger will power sense of inner calmness...
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    Consistent 5-10% monthly return possible?

    I had a friend of mine who traded KOSPI. First year made 20% on about 100k and he thought he had it down pat. He was using a simple automated MA strategy (tunnel method), guess what, he got chopped up in two months (beginning '05) - 35% drawdown. I would talk to the guy and tell him to hang in...
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    What is your single biggest fear in life?

    Personally death doesn't scare me as much as what I will be thinking about just before I die. I believe in reincarnation and it is my belief that my thoughts at or just before my death will determine to a large extent how my souls passage will be. Certainly, the thoughts that I would have...
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    Money can't buy happiness

    Coolweb, It’s a Koan that I just made up. Koan (Wikipedia): a story, dialog, question, or statement in the history and lore of Chan (Zen) Buddhism, generally containing aspects that are inaccessible to rational understanding, yet that may be accessible to intuition.
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    How-To be a WINNER....

    Top marks for attention to detail there coolweb
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    How-To be a WINNER....

    The key to trading is consistency, which applies to both the system and the trader. While consistency does not necessarily ensure profitability trading cannot be accurately carried out without it. Although there is always a degree of randomness in markets due to the psychodynamics of the human...
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    Money can't buy happiness

    Bla di f***en bla. happiness is another ZERO in net worth bliss is 1
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    Malibu Beach and Forex

    ES, The change can happen in the blink of an eye.
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    Malibu Beach and Forex

    Then trade it and dont look back my friend. (or sideways for that matter)
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    Malibu Beach and Forex

    ES, You guys want esoteric, You see waves, I little see head and shoulder formations on second charts popping their heads up all over the place like it’s a fun park shooting gallery. Question is which ones are telling the truth and gonna give the prize and which one is a gremlin, and do they...
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    When do you stop refining?

    I think Mrs Savant stated it nicely on another thread:
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    What chart do you read?

    I voted others. To specify, charts of all types give me performance anxiety. So I don’t look at them. Each screen I look at is covered with a single indicator and I am looking at multiple timeframes (4 or 5) simultaneously on the one instrument. I have dumbed it down so much that I don’t...
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    Is Forex more profitable then Stock market?

    To trade FOREX properly IMHO you need to be fully functional by 1.45-1.50 am E.T. Just as an example, this past week the Aussie dollar was either at the very top or bottom of its daily range from that point till about 5 am ET on most days. In other words to catch a nice 50-60 pip move (80% of...
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    How would you define "scalping"?

    Your probably close to the mark on that. Since spreads came down from 3 pips only a year or so ago - it's become a different field, forex seems to move a little different than it used to. Personally I feel that once spreads are below 1 pip forex will start to mirror less trendy markets and...
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    Would your rather pay the pip spread or a fee

    Alot of these so called "Bucket Shops" work in this way - you can see a list of most of them on fxstreet.com. Avoid like the plague. When I first started I had an account with f****.com and I remember I placed a short trade on the Canadian dollar with a 50 pip stop. It was 12 midday in Asia so...
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    Would your rather pay the pip spread or a fee

    Electric Savant, I remember reading a Michael Stumm post (Oandas boss) saying something to the effect that Oanda basically has negotiated a 1 pip spread (give or take .1-.3%) from it's first tier banks (I'm guessing Deutsch bank is in the mix) for the Euro (under normal conditions) and then O...
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