I'm not psychic, but I know a bit about psychology. About two thirds of my setups win and I can pick the winners with s simple trick bringing my...
Never confuse college with education. If you know for sure you want to trade as a career, the best education will be the one that gets you there....
Not a bad solution. I mean the pain thing, not the taser thing. Trading firms use a "boss" for that very reason. "Follow the system or you're...
BMY is heading for a bull trap. A little more confidence, like a gap up, then BAM!!! a fast drop and they're all stuck in a losing trade.
First, get your advice elsewhere. There are no successful traders here. I come here once in a while to entertain myself, and I actually trade...
I don't know what it means to OP, but to me it means a throw under after diminishing swings. Means more bull movement. As of now, however,...
Money is the smallest of all your risks. When it's your only risk you will be able to do 2% with no effort every time. I think most of the...
Wow! Look at all these unfamiliar usernames that I just found by stumbling into this forum. So, is this where all the successful traders hang out?
Whoah! Why would you buy puts today? January 4, 2013? Unless you bought at the open and already sold, that is. Do you do TA? Let me see your...
That's true and definitely a factor. But here's something you may not have considered. A psychological study that I read about in a book called...
Hmmm. Not a great return. Made $9 per contract by 10:30 am and there was no gap up. So no real benefit from buying Friday.
Yes, that story captures my point precisely. In fact, her story is not too different than my wife's story. Never being allowed the freedom to make...
How old are you? ...nevermind, not relevant. I wonder if this question would be better in the psych section. Anyway, here's a psych answer. My...
I've never used a pattern like this, but after looking up what it was, I think you might find EMA's helpful as an entry point. Since the engulfing...
Sure! I'm game. QQQ February 64 Calls. $1.69
There's a good book out there called, "How to get Rich" by Felix Dennis, founder of Maxim magazine. In one of the chapters, he describes the top...
I became more successful/relaxed during trading after achieving what I would call artificial sociopathy. One of the reasons I used to trade was...
I think all of the trend traders just needs to develop software that will execute the opposite action as you typed in. Then no one would be...
I think your biggest problem is mis-interpreting the nature of the stock market. You seem to be able to lose a majority of time which is good. If...
Vinc I like your pessimism. It reminds me that I used to post stuff about how easy the market is while I was winning on virtual trading, then get...
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