Trading fulltime retail with $50k

Quote from TraderZones:

Good for you on recognizing both. Indicators are fool's gold, and 1 minute chart trading have a heavy burden of commissions, slippage, taxes, and drain on the trader's psyche. Trading longer is the way to go.

Just because you have not figured out how to be profitable using indicators does not mean they are "fools gold." I use this fools gold to make real gold daily.

Technical analysis exists for a reason, no different than instruments on an aircraft; you may know what the vertical speed indicator does, but it does not mean you can set a plane down safely in a storm. TA is the same thing.
 
Quote from Port1385:

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Classic blowup video and lesson on using a hard stop.
 
Hi wiesman02,

I'm excited to see you come a long way in less than a year. I feel like I'm in a pretty similar situation to yours 9 months ago. I'm 24, just quit my job as a research analyst. Money was pretty good for my age but I just couldn't stand the corporate BS anymore after working a year. I'm currently sim trading nq and es for about 2 months using AHG. We'll see if I'll overcome the learning curve in the next 6 months.

Cheers

JW
 
Quote from Allspread:

Quote from wiesman02:

Granted, I understand why. 90% of traders fail. But also, 80% of the world population is filled w/ idiots anyway.



So true.


So true.

which makes both of you very likely to be one of those. Arogant people are usualy the one who thinks everyone else is an idiot when they are the ones who,...
 
Quote from Tomaz26:

which makes both of you very likely to be one of those. Arogant people are usualy the one who thinks everyone else is an idiot when they are the ones who,...

Did you bother to even read the rest of The OP's posts?

It seems you are the one with issues, please crawl back under your rock now.
 
Quote from Surdo:

Did you bother to even read the rest of The OP's posts?

It seems you are the one with issues, please crawl back under your rock now.

I read the whole thread now what? I still think that arogant remarks about 80 % of people beein an idiots is,... But I do agree you belong to them.
 
Quote from Tomaz26:

I read the whole thread now what? I still think that arogant remarks about 80 % of people beein an idiots is,... But I do agree you belong to them.

You could at least spell arrogant correctly douchebag!

:D
 
Quote from Surdo:

You could at least spell arrogant correctly douchebag!

:D

Let me see how you speak my language. Not all of the people that participate in this forum are from US and A and second I really don`t think I care about spelling since this is not a spelling forum. Not STFU and stop making a fool of yourself cock.....
 
10-22-08 08:22 AM

Gap analyses are to be ignored in trading. They fall under the heading of too much information. Thank you for your time.
 
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