Hi well watched today a lot, but not tick for tic I see maybe a break out pending what one calls opening range if one exists.. I see a retrace of that "move" in the a.m. thats it, a buch of candles with wicks..
I don't think I could consistently profit with your vague business plan. Anyways, there was a documentary on TV about this guy that's been making a living at playing the casinos full-time for the past 10 years...profiting on average about 120k per year...profitable every year. He said folks laugh at him about how business like he takes his gambling. Also, he talked about how the first few years of profits...the government wasn't able to tax him because gambling winnings is "tax free". Yet, soon after that documentary he got audited and the government deemed he indeed had a legitimate business and that his actions (how he approached his gambling and what he did with his winnings) were indeed "income from a business". I think he's still in the court system trying to not pay taxes on his winnings from gambling. He probably now wish he'll never agreed to do that TV documentary.
That's a good story, thanks for sharing it. Something to be said about a low profile! I didn't provide a business plan vague or otherwise. I am talking about your trading business plan--- no one else's with my question. surf
LOL you gotta be kidding Love the pic on the sidebar of the main page. A girl in a bikini, in a beach chair on the beach, iced beverage at her side and laptop in her lap, and a caption that reads "Learn to daytrade price action from anywhere" He must be reeling in the noobs with that ad. They must think his chat room is filled with hot chicks who daytrade "price action" at the beach all day!
Yes, in fact, it was proven over a 4 year period, with the investors realizing 35% per year ROI: http://www.holyrollersthemovie.com/ This is an enlightening movie for any trader, demonstrating how speculating via a strict set of rules, even with major issues such as potential cheating among players and having playing opportunities abruptly cut short, can produce significant profits over time.