Same reason that when people are asked to rate themselves according to what percentile they are at performing a given skill, almost the entire...
I wish I remember the issue, but I beleive a couple years ago, Stocks & Commodities magazine had an article where they tried to mathematically...
IMO, its joe blow in his bathrobe at home contantly getting swept from one extreme to the other. I think the trick is being reactive to...
Have you ever actually watched the futures markets trade ? The ES is a textbook example of continual intraday mania and panic. The ES is a...
Exactly. First you get the money....then you get the power....THEN you get the women. Thems the rules.
Hmm. If you're in this business for the "action", maybe a GA meeting would fit the bill.
If you plan to scalp futures, I suggest not doing the ES. It moves very slowly and you will go batty trying to scalp it. The Russell 2000 and...
I concur. At least for day trading. If a trade is really going against you, you're not in tune with the market and probably should not be...
Interesting thoughts. I trade ES as well. I have some fundamental problems with the risk reward in averaging down. My main problem is that...
Are you planning to tell us how ?
OK. Just curious on peoples thoughts here. Statements I hear quite frequently are: "Energy prices are down because the party in power drove...
Right. If you want to increase your beta exposure to the S&P, buy ES or SP futures....to decrease your exposure, short the ES or SP.
Hmmm. Looks like I'm stage 3, maybe about 1/3 of the way on my journey to stage 4. Trading seemed so much easier when I was in stage 1 !!!
Seeing as I posted a long reply with my advice here, I will fess up. I have not actually completed a live trade for real $$$ yet. However,...
Heh. A former trading mentor of mine once told me that doctors and lawyers make the worst traders, as they like to use their intellects and need...
If the markets were purely random, like a coin toss, the long run mean would be fixed. Just always buy below that point and sell above. Let...
Whereabouts are you from ? If not India or China, have you ever been to either of those countries ? Do you feel you feel you have some sort of...
By the way, to go back to elit's original post. Be aware you are most likely in for the most difficult journey of your life. I also got...
Another paradox of the markets is that they are difficult to master if you do not make yourself a full time student of them. However, making...
Could you explain what you mean by this ? Thanks, -T
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