With all this lovely talk about bank traders and support-resistance, may I ask please for a show of hands right now, of the people who ACTUALLY know any bank traders, in real time? Can get them on the phone RIGHT NOW and ask them the direct Q's that ...

The brutal truth of day trading

Are people around here so ridiculously blind that they cannot look up history of planet Earth? Is that where people are up to now? Hiding from basic reality because Joe Bloe built an algo "that can kick your ass" ??!!! Are you really that afraid of ...

The brutal truth of day trading

joyny, I am planning on and hoping to go out tomorrow for a picnic. But I don't want to go if it's raining. Can you help me please? But I must tell you I'm not in Ohio USA, I'm not in London UK and I'm not in Dunedin New Zealand, BUT I am on Earth ...

The brutal truth of day trading

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The brutal truth of day trading

It's not the data that's funny Rick, it's people like you who think you've found the best thing since sliced bread in data and volume. I'm not in competition with you so I can speak frankly when I say that my main concern is your blind inexperienced ...

The brutal truth of day trading

I always find it hilarious when people still insist on making up stories to justify their perspective. Data alone does not have a truthful relationship to reality it's just a convenient story building tool to keep seeing what you want to see. At ...

The brutal truth of day trading

This is not fundamental analysis - it is propaganda. Real FA is about Life on Earth in segments and in sequence. Something so simple yet so important most people seem to conveniently ignore. Question your thinking and stop trying to be "clever". It ...

Who needs help?

past is only indicative.

The brutal truth of day trading

I'll let you in on a little secret ...... just because most people enjoy a type of blissful ignorance when it comes to most things, does not mean it's healthy. It's the same with assumptions. Assumption = a thing that is accepted as true or as ...

The brutal truth of day trading

Quote where they will probably place their orders, ahead of time. Where the orders can be filled instantaneously without slippage. But what if they use limit orders? Then they will enter where they think the retracement has finished. ...

The brutal truth of day trading

Do you really want a serious response to that query? If you do not understand context, then I would suggest you take a break and go and learn about context. When you start to think of the financial markets as "only" a machine then of course not ...

The brutal truth of day trading

Indeed. Well put simnz. If people spent LESS time "trying to make money" (whatever THAT actually means in real life to someone) and more time spending time with the market, they will see there are LOTS of little nooks and cracks in different areas ...

The brutal truth of day trading

Whoever you are ryuryu, you must have some rather deep problems.

The brutal truth of day trading

In my experience, the markets haven't REALLY changed too much in almost 40 yrs or so. But people most certainly have become rather dull from the neck line up. You can tell by how they express themselves. Stupid is still stupid. Sorry Keenpips it ...

In One Sentence - How Do You Trade?

If you don't prepare at all (in any context) you can't and don't learn. And if you don't learn, then you can only see that your "emotions" are your enemy. People who think emotions are "bad" in trading are simply running away from the simple and ...

In One Sentence - How Do You Trade?

Yes of course. It's not my decision what you do or don't do. Life is full of surprises and dead ends. Enjoy. Peter

Objective Thinking And Trading

For me, I have found using real, real life to be the only formula for longevity...using a "video game" style of thinking is always going to destroy accounts and disintegrate someone's desire to do well in trading and so those who try to cheat with a ...

In One Sentence - How Do You Trade?

Indeed, many people in general everyday life suffer from information overload and wonder why they cannot think properly anymore. Good examples, thank you simnz. Peter

Objective Thinking And Trading

tiborf71, I understand what you are saying, however ...... A REAL trader who is not interested in the hoopla that most people "talk" about, sees that most people merely have an anecdotal idea/understanding of what trading IS and what it actually ...

Objective Thinking And Trading

I am very happy for you simnz. I had noticed you cleaned your slate. Now, with this improved approach, are you enjoying your trading more? Peter

Objective Thinking And Trading