learn & understand how to read PRICE seadog, i've noticed that traders who consistently lose cannot interpret this war that is occuring between...
The chart with commentary may provide some insight.
Here's an example of how one of our traders 'blew it' today. You must not let anger and frustration get the best of you in this game......
Quote from Nutmeg: You go long. Stock tanks. You hold. You hope it goes up. Human nature is to have hope. You short a stock. Stock goes up....
A resounding NO, I only believe what the market is telling me, that is the ultimate authority.
Qoute from LordMelbury: in just the last 12 weeks i have unbelievably and stupidly lost 600k, 300k thru trading...
Quote from Nazzdack: Focus on price movement of the underlying instead of the behavior of "technical" indicators. That'll keep you out of a lot...
Quote from doublea: I went long that day but got scared and closed the position next day. ______________________________...
Can you provide details on the largest losing trades? Such as the date, time, where you bought/sold & exited? etc... Let's examine why you took...
Quote from ACM Trader: I agree with the above. However, I think the culprits are not those gurus, but those who believe in them. For me it...
There has been so much talk about the S&P 500 taking a nose dive, but what is the market telling us? Trade what we see, not what we want to see....
Quote from Reardon Metal: My God, I am such an envious little loser! Successful people truly bother me, as they continuously highlight my own...
Quote from thorn: Wow. You could not be more wrong about this. That's 3 incredibly ignorant syatements in 1 night by you. Give it up....
Quote from thorn: Never wrong??? What a dumbass statement. Every great trader is sometimes wrong because they are willing to take risks....
Quote from : 99atlantic Who cares; only n00bs try to predict the market. The real masters just act and re-act to current conditions and...
Quote from Rearden Metal, His talent is amazing. Becoming one of the best in the entire world at your profession often comes with the...
Quote from thorn: s&p getting very close to an intermediate term top. count on it. uhhh, excuse me? my record on top calls is pretty...
Success, how sweet it is!! The Dow breaks 12,000!! Bears, where is your sting? Admire the bulls glorious stampede & their steadfast resolve.
Quote from bearnbull: Today--Friday the 13th was not too good of a day. I shorted LEN after some bad news from a company on the same sector. I...
Quote from bearnbull: I got in on RIG at $67.99 long on Tuesday Close at 67.72, open at 68.00 on Wednesday--(Still holding)--started going down...
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