eye openning, so, 7% a month is a piece of cake, by your standard. that is inspiring. not sure what are other traders' views in this thread. I'd better look into something realisable by ordinary people like myself. bear Marty Schwartz in mind when ...

james16 Chart Thread

is it, markmm, 25% per month for 120 months? Return/mth25%mth/decade 120 start capital 10,000 end capital 4,257,959,840,008,150 total return42579598399982% who is this guy? should be more popular than warren buffet?

james16 Chart Thread

how to define rich quick — I was pondering the term of rich quick. rich quick mindset is detrimental to successful trading. Jim wrote something about it and emphasized it many times already. but, upto what extent, one would be qualified as ...

james16 Chart Thread

jarroo, I am 100pips in the money. thanks for the encourage.

james16 Chart Thread

no worries, g_j_hook, to be frank, neither of us trade h&s, do we? coz it's too late to get into an entry after the fact becomes obvious, that's the reason why we are so dedicated to jim16 here. keep up the good work

james16 Chart Thread

this is a h&s, a classical h&s, so long as the head is higher than either of the shoulders for a top formation, and the price action breakout the neckline. but, don't trust what i am saying here too, take a book to study by yourself. then, you know ...

james16 Chart Thread

after your enlightment, jarroo, i re-visited the chart and found your secret why you think it's a great location, i think. the challenge for me is that i still feel blind to something simple but obvious. i am confident sooner or later this will ...

james16 Chart Thread

jarroo excited to see your comment on this setup. initially I went short at the break of low with 1/10 of my position to test, and in. then, I built confidence to put the rest at the 50% ret of the BEOB, that is 0.7600. now, I am in for the entire ...

james16 Chart Thread

yes, Jim, I undertood now. you are my beloved man, you knew that, and my girlfriend knows too. god bless you, Jim

james16 Chart Thread

"come to a forum, find a hot thread, spend a couple of hours reading and yippeee yeeehawww im gonna be rich in a month" no, Jim, I am diligent student learning your method with practise, you know that. you also probably know how hard I am struggling ...

james16 Chart Thread

Jim, Thanks many for emphasizing this again and again. and I am very sorry that sometimes I simply couldn't follow up the break rule, however, for some reason which I think I have been poisoned by the attached document. I don't know who is the ...

james16 Chart Thread

Thanks, bundy, for the great tips. I will be looking at them too

james16 Chart Thread

I encountered a number of similar situations in recent two weeks. no idea what's going on in the momentum, so, I will keep staying on sideline for a while before re-visit the setups. I believe this may occur from time to time(correct me if I am ...

james16 Chart Thread

if ask ghous, he probably has better explanation on the weekly bar if his criteria qualifies that weekly bar. cheers

james16 Chart Thread

pity missed the first setup already, will follow your lead once see an approprate setup later on this week. thanks for sharing

james16 Chart Thread

rac, you said you wanted to sell at 50fib ret, there seems no PA setup. I have been quite curious about your belief on price action. in any case, you have very good intuition.

james16 Chart Thread

the attached chart seems a chopy market, I thought you would have avoided this type of market. if your strategy could survives in the below market, then, I would say you can trade any market. probably I am misunderstanding what you are doing. do you ...

simple trend trading

E/G H8 Pin — any comment on this pin(E/G H8)? probably entry at the break of the bearish pin low? had too much unsuccessful trades in the week, seems losing confidence in judging setup quality. will be very grateful if any comments. thank you

james16 Chart Thread

yeah, jarroo, I understand which part of the game one has to challenge over time. we will see how the equity curve develops, I think we have enough of the technical information here, so, I will remain the confidence on the A+ setup. thanks a lot for ...

james16 Chart Thread

I shorted both U/C and U/F, but, closed both before their breakdown, with tiny profit. guess what happened? previously, I would have enough of patience to hold position, but, recently,whenever I feel doult about anything, I close. Let me tell you ...

james16 Chart Thread