Not just in that post, no. In total. Overall. Peter

The brutal truth of day trading

When you get to a certain age, you realize certain things are constant and other things are self repeating. Political correctness is a farce and doesn't civilize people, no matter how big people's 'wish list' is in real life. It's simply made people ...

The brutal truth of day trading

Grow up Rick. You're blowing it out of proportion and taking it out of context. Peter

The brutal truth of day trading

maverick2017, If you want to learn how to trade properly, you need to work out what you can do yourself. I won't just give you answers because you won't learn doing it that way. If you follow what ryuryu says, then you will end up just like him/her ...

The brutal truth of day trading

In certain contexts I concur, however, what I'm seeing with people these days is more similar to 'hope and prey' rather than hunting. If most of what needs to be done, cannot and is not being done in one's head, then one is over-dependent on ...

The brutal truth of day trading

I just enjoy seeing people learn, everything else is just cream on top ...... Peter

The brutal truth of day trading

And this one ..... .... predictable to a "P" ...... Done with a basic Bollinger set of Bands set at 20 2. "When you accumulate a world of knowledge and know-how over a full lifetime, then the act of simplifying is a satisfying thing. Unlike immature ...

The brutal truth of day trading

Nice to see the GBPUSD doing its twist and roll again. Nice way to end a VERY profitable week (Even without Friday). Peter

The brutal truth of day trading

Below are two simple and rather self explanatory examples to test whether you have any business trying to day trade .... image image See how much you can learn from these. If you cannot, then you probably should not be day trading. Maybe try a ...

The brutal truth of day trading

As an open-close style day trader, you have two choices - fast drip or slow drip. I say drip because in comparison to a 300 point break or high vol momentum move, what you're going to get intraday is curling iron swings and putt putt shots. So as a ...

The brutal truth of day trading

If someone does not understand the markets they participate in, how can one appreciate the players in them. Peter

The brutal truth of day trading

To be honest, I see that many people need to do less talking and more study. But that's just me. Peter

The brutal truth of day trading

Firstly, for people who cannot afford paid data - match the motivational eg's I mentioned with the formation on the chart. Start there. Learn to include motivations in your evaluation process. Remember, speculation is just a word. It's not a ...

The brutal truth of day trading

Yes me too. Sometimes we get outta hand. Sorry everyone. Peter

The brutal truth of day trading

Please don't be too presumptuous here with this. Let it play out and see what happens. If they are circumstances that are alien to a trader, best to make lots of notes, screenshots, see what other markets are doing around that time as well. You may ...

The brutal truth of day trading

PS To RickM - It might also be your broker or data feed - Spot FX or Futures or both. Not being snarly, it does happen. Omissions and technical discrepancies. Do you have a backup ? Not stored data kind but an alternate that you consider reliable ...

The brutal truth of day trading

NB - What I am about to talk about is for educational purposes ONLY, based on my own trading career and NOT hypothetical or theoretical or judgmental, so I cannot guarantee other people's experiences won't mesh with mine. ANY entity, person or ...

The brutal truth of day trading

Hidden

The brutal truth of day trading

Hidden

The brutal truth of day trading

Form my own experiences, about 10-20% of usable 'liquidity' is used ongoing for profiteering in FX OTC each day. What many people do not remember, is that FX is "Foreign Exchange" and this relates to transactional transfers NOT profit making ...

The brutal truth of day trading