The short answer is, this is not going to work out for you. And this will be an answer you won't appreciate. But it might set you thinking as to...
The correct answers are - (1) no trade is worth entering if its true probability is 50/50, particularly so for the amateur and (2) you can add...
There is a key dynamic in this thread. It is to do with problem solving and so it interests me. It goes like this: "I set up detailed rules to...
Daytrading defeats many or most amateurs. No surprise there. As always with failed amateurs they switch the blame elsewhere and typically try to...
Tolle's 'Now' is an illuminating notion; no doubt of that. However as we say "now" it has moved into the past. If we say "the present" it too...
Lets look at time frames in CL by considering pace and lets look at Thursday & Friday. What happened on Thursday and Friday (CL May 5 & 6,...
The thread opener appears to know little about markets. Obviously successful amateurs as well as all serious players in the markets do not mind...
The thread opener has offered age, class and gender to decide what group produces losers (rather than winners?) Missing are divisions by ethnicity...
I don't know whether the word stress is sufficient when such words as anxiety, dread, fear and panic are more accurate as the base reactions in...
The thread opener appears to have personality problems that in fact are unrelated to the job of sitting in your underpants in your basement and...
No, this is exactly what you do want. All you have each trading day are price gyrations represented by swings up and down. From this you can make...
Going to the maximum leverage your margining allows on your capital with your broker is the mentality of a lurking or actual loser in the great...
This thread is on the repeat topic of endless threads on the same subject, namely why most people lose. The unrealised fact behind losing is...
S/R is a chimera. It appeals to some players because of the 'certainty' provided by a specific line on a chart. It can be as right as often as its...
Amateur backtesting endlessly tried by ET members doesn't work because the input is insufficient and for example 'divide and conquer' sorting of...
The eighth and last choice in NoDoji's Poll corresponds best to the sequence of opportunities that the market (eg CL) offers, open to close, via...
The purport of this thread appears largely to rest on a 'hit or miss' approach to trading. If you're ahead in the day so far, stop trading because...
Contrary to the amusing suggestion of the thread opener that only as a dumbass can you become rich, no, dumbasses do not make themselves rich....
The key here is methodology before anything else. Anyone may put in whatever they like as sufficient capital BUT unless and until you have a...
This thread points at a main self barrier exhibited at ET all the time. You do not need perfect information. You only need prices on charts....
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