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james16 replied Sep 21, 2011thats great. i dont take it personal. this business beats the shit out of people. i learned from my own journey thru trading hell that the worse thing you can do for a new trader is give them trades. there is just too many things they can and will ...
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james16 replied Sep 21, 2011retraces are an acquired talent like anything else worth getting good at. everyone should remember that its just a bar that looks like a pin bar until it breaks. its not a pin bar unless it does break. the beauty of retrace entries are the ...
james16 Chart Thread
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james16 replied Sep 20, 2011its very important for those just starting out to not get confused. that would be a shame since what we do here is as simple as trading gets. pivot zones at round numbers are the only ones you should pay attention to. in addition to that we want to ...
james16 Chart Thread
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james16 replied Aug 22, 2011summer is done (except the heat) — my kids are back in school and its back to "work". My charts have been pretty ugly as far as great set ups. Anyone disagree? Jim
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james16 replied Aug 4, 2011j is right. in my almost 30 years of trading i have never had one broker do anything even remotely shady to me. most traders lose and most people by nature would rather be a victim than shoulder responsibility for there own actions. its whats wrong ...
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james16 replied Aug 4, 2011great. when its mastered it works on just about anything with a chart. jim
james16 Chart Thread
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james16 replied Aug 4, 2011well i have over 10 seperate accounts. i could combine them into 1 and have a pretty decent 7 figure account. The problem is im scared. Ive been very poor on several occassions in my life and i dont trust my money in other peoples hands. same reason ...
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james16 replied Aug 4, 2011FULL BAR LOSSES — Im not sure there is ever a reason to take a full bar loss. If your trades are in the right places its impossible.
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james16 replied Aug 4, 2011prob not gonna be here. i leave tomorrow around 3. no worries guys. jim
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james16 replied Aug 4, 2011Heading OUT — Im getting out of the heat for a week starting tomorrow and heading for my favorite place, Northern New Mexico. While im gone im sure we will reach 100,000 posts. I want to say thanks to all that have made this a fun and magical ...
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james16 replied Aug 4, 2011well remember they are not intended to show trades. I AM MUCH MORE CONSERVATIVE THAN THAT. its about getting so good at predicting price movement that when you do trade the odds of losing are virtually zero.
james16 Chart Thread
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james16 replied Aug 4, 2011great question. maybe the best question. i never ever ever take a full bar loss. in fact its very rare for me to take anything more than 30 to 50 pips. i try to position myself with a solid s/r area so i have an intelklegent place to get out if it ...
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