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Yes it's possible, check out my results from last year on IB. That is a GBP account so its almost exactly what you asked when you convert it into USD. I am a swing trader, approx. 10-20 trades per week. Holding time is from a few hours to a few days on average. I trade FX, equity indices and...

I am hoping that it sells off down to retest the breakout area of around $21 so I can buy some more. If that area holds as strong support it will be the trade of the decade imo..

Agreed, always ask for some real live account statements- fairly recent and not hypothetical (made up) results about how they can make 200 pips per day 'risk free' etc. You need to see some real evidence that they can make money trading.. even if it is only a few weeks of statements it is...

Well the last time people were talking about heavy insider selling was in early 2010 when the S&P was at around 1100. It is now at 1330..

Yea I didn't see this post go up when silver was rallying into $50. It's so much easier with hindsight..

There are plenty of academic studies from reputable sources showing TA both does and doesn't work. This is why I do not like focusing on statistics too much- you can prove anything you want if you skew data in certain ways. The point is there are many very successful traders who have made...

Makes alot of sense.

Forget this nonsense and look to buy 1336 in the ES for a bounce. See my blog for details.

Hi Guys, Title says it all. Excellent level for a buy in the ES future at 1336. See my blog for charts and details. Good trading, David

Very good post. Constant sizing is acceptable, but if you want to make really outsized returns without taking too much risk then pressing your bets when winning is a very good strategy. If you are a discretionary trader then there is no doubt that when winning you trade better as your are...

Im already long physical silver from way down.. but its not a huge position unfortunately (unleveraged) damnit! lol :p

'debt ceiling extended..' Big suprise! :D

Don't get too clever with silver. If it drops significantly (~30- 50%) at any point in the next few years take the opportunity of a lifetime and buy. Of course it may just keep going up with no retracements like the DOW did when it first broke 1000..

I know several traders who trade from home and make money trading only TA, hence it cannot be 'crap'. Also forget all this stupid talk of 50/50 winners and losers and therefore letting trades run is the only way to make money- the market is not totally random and you can make money in many...

Yes well if you are talking about who I think you are- someone told me that after the 10 days it sets to auto bill your card at the full $350/m. They also said if you ring up to try and cancel you get hard sold and patronized in the hope you will stay on. When you buy 10 cups of coffee...

Sounds like you got scammed to me and you are bitter about it. Just because you paid a few grand to a vendor who can't trade who taught you some useless or out of date technical strategy that you can probably find on google, doesn't mean all TA is useless..

Some important 'concepts' (such as S/R levels) seem to be universal across different timeframes, but the way to actually make money from them can vary hugely depending on the timeframe. What I mean by this is if you are an S/R trader on the 1 hour charts you will probably need a different...

There is probably going to be high inflation at least and the markets with the strongest underlying fundamentals will be the leaders. Commodities, particularly agricultural and precious metals, have the strongest fundamental arguments looking ahead towards the next few decades. Houses and...

is this a joke?

You got that right it is a bubble. See you at much higher prices..