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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

05-25-12 09:23 PM


Quote from shopster:

when did the price go up..............

s



When he used his backside

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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

05-26-12 07:23 AM

This is the punch .

I have finally devised a day trading system that does work , but it uses discretion It is a combination of ranging ,trending and random noise trading where direction gambling (betting) is done only on formation of major trend trend lines of 15m + , and trading major intra day support and resistance.Stops are wider and trading is done on probabilities of stop sizes getting hit less frequently.There is no marrying to positions , as trades are taken on both sides .It also involves some gambling position sizing etc.

Day trading is mostly betting on unknown outcome , it is going to the casino and throwing your money on the table , with tight stops which get taken out very frequently and losses mount.

Most gamblers get addicted to wins , but market gives non anticipated results frequently to make addicted losers.Using junk science called t/a does not help.

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ElectricSavant
 

Registered: Jan 2003
Posts: 14844

 

05-28-12 04:19 AM

You guys are funny...

I will leave the posts...(you seem very adept and readily imaginitive in blow and backside, which is not my interest)

I must say that the decade that Don Bright has been here I have not read any complaints about him.

He bends over backwards to help out a trader and to bring him along. I have seen it time and time again. Now I can say that he proves it with actions. I now have personal knowledge of his ethics and those of you associated with Bright Trading consider yourselves lucky..

Ok this posterboy will shut-up. Carry-on with your ES jokes...don't worry you will not get banned...give it your best shot...I consider you all my friends...well maybe not that charlatan oiler...hehe just kidding.

ES

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Alcibiades
 

Registered: May 2007
Posts: 41

 

05-29-12 03:29 PM


Quote from oilfxpro:

There are so many threads negative about day trading , it was time to ask why is there no successful day trader in the popularity of George Sorros , Jim Symons etc.

Trading is a zero sum game and day trading is a negative sum game.The only people making money out of it is brokers.

If it was profitable to day trade , brokers would hire people to trade with broker's capital.

A few internet marketeers are selling motoring , under the guise of successful day trading , but these are just scams.

http://www.elitetrader.com/vb/showt...threadid=220707

http://www.elitetrader.com/vb/showt...threadid=220676

http://www.elitetrader.com/vb/showt...threadid=218977

http://www.elitetrader.com/vb/showt...threadid=220513

http://www.elitetrader.com/vb/showt...threadid=218160





I BEG TO DIFFER ... YOU GET OUT OF IT
WHAT YOU PUT INTO IT ... PROPER
PLANNING AND LOW EXPECTATIONS
ALONG WITH SUPPORT SYSTEM CAN
CREATE A GOOD DAY TRADER WITH
PROFITS

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IcyTrade
 

Registered: Jan 2008
Posts: 30

 

05-30-12 07:39 PM

I do believe that profitable trading is possible. It is just for the extremely persistent ppl.

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shopster
 

Registered: Jul 2011
Posts: 1479

 

05-30-12 07:47 PM


Quote from ElectricSavant:

He bends over backwards to help out a trader and to bring him along..........



how much does that cost.......

gotcha.

s


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