That statement, taken in and of only itself is totally ridiculious. At what point are your entries taken? Do you simply decide to be a bull/bear at some random point and let your calculation do its magic? Is the "Golden Ratio" the only thing you ...

Hard stop: Breakeven or trailing stop?

And sometimes you can read about what "might" be accomplished in trading. $4 billion in profits in ten years. Not so shabby (I guess) ?? url ........and something that is, at least interesting "to place bets on a market that he determines is ...

How to pass the time while trading?

So far, indifferent to a short-term long all the best

AUD/USD

At least that much might be a "truth". If your goal is to be mediocre or less...... that's great !!! I trust that you're reaching your goal ??? Most of our pocket wisdom is conceived for the use of mediocre people, to discourage them from ambitious ...

Psychology of Trading - What are YOU interested in learning?

Mr. Turveyd............ It seems to me that you're not exactly expressing your maximum IQ at this particular moment. Further, it has been proven that IQ (within a range) has little to do with trading ability. "He might be richer than me," Also, ...

Psychology of Trading - What are YOU interested in learning?

By the time I'm finished drawing "chairs" it would look like nothing more than the following; (I like it more when I don't need to "draw" anything)

Chair pattern

And you also, Mr. "TranceTrader" still have much to learn it seems. Can you tell me explicitly what separates you from Mr. Turveyd ?? Is it somewhere in the "beat yer' ass attitude" ?? Just wondering.

Psychology of Trading - What are YOU interested in learning?

Here's a pivot or 2 for ya' but you figure it out 'cuz I don't have a clue ??

Weekly Pivot to Pivot Trading

Hello Mr. Turveyd; It's nice to see you post again. At this particular moment it might seem that your mate should be making the decisions. Just my lame opinion. All the best

Psychology of Trading - What are YOU interested in learning?

First, I would like to address this (the above quote). You've said that you despise spending any longer than 2 minutes looking at a chart. If that's the case, what could you possibly know about self-sabotage, fear. greed, etc. What I'm aware of is ...

Psychology of Trading - What are YOU interested in learning?

Perhaps it's just a reminder that there's always a deviation from the norm. US economy sucks but is beginning to suck less than other 'major' economies. US oil production may rival that of the Saudi's (deviation from norm) ? Fed's may be forced to ...

Let's Trade Options

"Nothing is too small to know, and nothing is too big to attempt." - William Cornelius Van Horne All the best

Share your daily Message

hmmmm........ that's a MUCH more difficult decision. Again, there are several variables but the most disciplined traders often go astray. (over hot blondes) ?? ?

$100,000 or Forex Trading

Just as another side note... the question really isn't simple because there are too many variables. As in....." I'm a 20 (something) yo with 6 months trading experience. I believe I have a great future in trading and I can walk away from 100k now ...

$100,000 or Forex Trading

LOL I would actually have to agree (for once). I hate when that happens (being agreeable that is). All the best.

$100,000 or Forex Trading

WRONG !! (IMHO) Bob wasn't a better trader because he isn't even a trader.... just a saver. And he didn't really "win" anything, just held on to his money. So, he gained no real life experience at attempting to make money. Apparently, Bob couldn't ...

$100,000 or Forex Trading

I took (about) 170 pips on the first move (Thursday) but failed miserably in following my own method by hanging on for the next move up. Therefore, I could make excuses; I was tired, I had a good day, etc. but the truth is..... I sucked in this ...

What the **** happened with USD/JPY?