Completely wrong. Both poker and trading are games of making hard decisions based on imperfect information. Both have multiple 'styles'...
Many of the famous traders who have had exceptional returns have had several large drawdowns throughout their careers (eg. Soros)- you cannot make...
Good post. Are you live yet tycoon?
Excellent advice. Used in conjunction with S/R this is great.
Now I know why emg is always saying its impossible to make money trading..
psytrade is mostly right- there are many other careers that make good practice for trading. However, what makes poker such a good foundation...
lol pupu :p
If your stops are getting hit too often before the price goes straight to your target, then lower your bet size and increase your stop size by a...
The fed are so far past the line now, everything is becoming acceptable. If the debt ceiling is not raised ad infinitum for the next 10 years at...
Maybe saying its not an option was a bit too strong and dramatic I agree. Look don't get me wrong I disagree with the western central bank...
Bernake just does what he has to do. It's pretty much his job to just say everything is ok, and at the first sign of trouble we will print more...
Where to sell? I don't know where but I can tell you when- 5 to 10 years time minimum. Apocalyptic territory? Nonsense. Its just a bubble, stop...
Making money can't be this easy? Well without sounding too harsh- it isn't that easy because you aren't making any money. As others have...
southamerica with his perma 'usd collapse next week' threads.. When is he going to realise that shifts like this often take decades to work...
Most enter trading trying to get rich quick and either overtrade or bet too big. The hard reality of grinding up a business from scratch,...
Why does everyone seem to hate MCD so much here? Face it you couldn't live without them :D
Good to see an intelligent discussion about this sort of thing. As an observation Daal you seem to me making predictions for the coming year or...
bearice is this supposed to be funny or something? Your recent campaign of non-stop spamming I mean.
Don't take this advice, unless it seems to fit your style of trading. Most traders I know who have a risk/reward (R) running at 3 lose money...
Buyers are pushing the euro higher. If you think the euro is going to collapse take a long term short position with little or no leverage and...
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