his analysis are a lot like those posts here in the past few weeks. edit: wait a minute, he is an ET reader. LOL.
The moral of the story: The market will ALWAYS find a way to humble your ass. The key is to never trade with any bias that the market should go one way or the other. Losses are not a relfection of the trader. They are expected. Keep them small. If you stay in a losing trade you are just hoping, and you are more concerned about being right than making money. You have to trade what you see. If you swing for the fences you will lose more than you will win. Single and double them to death.
I for the life of me, can not understand how you guys think this is a funny ha-ha moment. I for one won't laugh at this guys misery. He obviously made a mistake. There is no need to kick a man when he is down, it only says something about your moral character. I say, knock the third grade playground crap off and post positive reasons as to why this can be a learning experience for everyone.
you obviously haven't been there, come back after you bought a new computer because you threw yours out the window when it happens to you. then years later look back on that and laugh.
the guy is on a simulator---- look at this tape---forgets to remove "simulated trading" from the DOM screens. <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/ReoC-pUY-Ss&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/ReoC-pUY-Ss&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>