Most people assume, that to make money trading, you have to get in on the turn. When price is falling all they need to do is get in at the bottom....
Probably not but it doesn't stop an awful lot of people trying. :D It would certainly be one heck of a market anomaly if it was possible.
Yes because neither you, me or anyone else can see into the future. At any given point in time, price can do anything. You might think you see a...
Read this post, then pull up a chart for the S&P for the period he's referring to....
Obviously to capture the entire move, you'd need to buy at the point of the swing low. But you can't possibly know it's a real swing low, as...
What would constitute the perfect entry? It was alluded to earlier by Mr Ed. 1. price moves in your favour right from the get go 2. you can put a...
5. The best party to join is one where you have proof that eveyone is happy. IMHO these were the biggest giveaway in the thread, especially no....
https://www.elitetrader.com/et/threads/why-is-the-obvious-not-so-obvious.151802/page-86#post-2395593 I'm going to repost something that...
This thread does that to you. And maybe it is intended by certain participants. However, I don't think nysestocks was being disingenuous in their...
A method that works can lose money on an individual trade because, of course, not every trade can be a winner. No method is 100%. But if you keep...
Haven't been here for a while but I see folks are still struggling to get it. The obvious prerequisite to successful trading is obvious when you...
Very sorry to see JS go. He may have been a bit sharp at times but I, for one, appreciated his directness. It's partly though his encouraging...
Some trend followers claim they don't predict but, as you say, arguably that is just semantics. The fact is, whenever you place a long (or short)...
Sure, comms add up, but what I meant was most blown accounts are caused by big losses, not comms.
My 2c worth... Decide on an amount of money you are willing to blow. (One month's paycheck or whatever) Deposit this amount, and no more, in a...
Well, losing 80% of my capital was pretty dumb. :D
Thanks J_S. You have opened my eyes. :) I now realise, all this time, I have been looking for the wrong thing. I was seeking confirmation from...
There was a time, a while back in this thread, when things were starting to seem a bit clearer to me. Lately though it's become a lot less...
J_S, a belated thanks for the above and your words of encouragement. I didn't get the password but daytrading isn't really my cup of tea....
Can any sleuths out there deduce which important fact NY was alluding to in trader3cnd's post? "You did however mention one very important fact...
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