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I use www.fxstreet.com for economic calendar and news likely to affect forex and index markets. Great site. Have you tried the chicago board of trade website for news and market recap: http://www.cbot.com/cbot/pub/page/0,3181,1033,00.html

80 % accuracy over 8 months period with position trading lasting on average 2-3 days. what instrument are you trading ? You can't be trend following. Is that correct? Not that it matters. I am of the opinion that if you work on a fixed percentage of equity basis with a strategy with positive...

The situation you experienced, I have also, with some notable exceptions and I recently started posting here to get a sense of balance and to glean some wisdom myself. Some years ago, after 2 years of borrowing to survive during trading, the inevitable happened, so liquidation of assets...

As you said, you know the answer. The temptation is to try something different rather than keep what system you've developed and recheck your loss management plan. More often than not it's the implementation that needs fixing. Just as well it's the weekend, huh.

Well put, if I may say so.

I think we need to make a distinction between backtesting and optimization or curve fitting. As a means of evaluating whether a set of trading rules can work, surely backtesting is required to help make a decision. For example, if the newbie thinks that buying the cross of 2 moving averages can...

Blame! No. Is that the subconscious revealling itself!! If you were to take out the word 'solely' then that's truth regurgitated. For I can tell you, while it's down to hard work and personal sacrifice, real success is never done solely. A myriad of other things must fall into place. Do not...

You daytrade and swing trade. Just like I did. You paper traded for months and became profitable. Just like I did. You started small then scaled up 10-fold. Just like I did, except scaled up 5 fold. You followed your rules. Just like I did. Tell me you've been consistently profitable...

Everyone has their limitations. Every strategy has its limitations. Every series of bets has its limitations. It is knowing the limitations that will help you. Thinking that there is unlimited upside potential, with a small downside is a dangerous mindset. How many go ino trading, only to go...

Hmmmm! Let's see. I have seen many answers to this question, but the eye often does not see what is obvious and before it. What do you think would be the case if instead of 95 % of traders lose, it was instead 95 % of traders win and stay in the business for the long term. It is clear to me...

Really? I can tell you I left a stressful, but rewarding job only to discover that trading was more stressful and much much less rewarding. taowave guessed right about daytrading and spending all hours in front of a screen. I also tried position trading. Less stressful, same result...

This is a great forum. Bert, I know where your're coming from. Disillusioned and wondering whether its worth continuing. I can tell you I was at the same point you are 5 years ago. In fact I was at that point 3 times, each time after suffering severe and consistent losses. I can tell...