True. I do this. I got my beers in Prague for the money I earned in May. image k

Why do most traders think that they will become profitable?

When you practice something, you become better at it. All professional athletes train. Not everybody has the genetics/personality to become a professional athlete, however, almost everybody should be able to improve their performance with dedicated ...

Why do most traders think that they will become profitable?

How it currently looks like to me: k image

Oil and Natural Gas

Next resistance is 1.22966 imho, and if that is broken, eventually 1.42541. Cheers, k

EURUSD

yep, wrong. Now, if it soon turns down, it will not make new minima imho but will eventually trace along skyhok's scenario... k

Oil and Natural Gas

I think the oil should go down about 10 dollars. I have multiple targets, one just above minimum on the 21st of June, and some lower (I may also exit part of position before weekend). However, if it goes more than cca 5 cents above the current ...

Oil and Natural Gas

Sold... k

Oil and Natural Gas

Still waiting for this, it could come to pass during the news today. Cheers, k

Oil and Natural Gas

Here. k

Wanna know why a majority of traders lose?

Perhaps. I prefer my method as it is though. k

Oil and Natural Gas

My stops are 10 or so cents, if my idea is incorrect I am stopped out. Cutting losses... However my tp is usually several dollars. I reviewed my calculation of the resistance yesterday, there is another possible one just above the current maximum ...

Oil and Natural Gas

Sell trade stopped out. This is going much more up then... k

Oil and Natural Gas

Sold. k

Oil and Natural Gas

From the oil price at the time of my comment. My numbers are a bit different, which is why I always give relative numbers. My broker is O@nda, and the next resistance point is 47.037 for me. k

Oil and Natural Gas

Not yet, it will go at least 2.5 dollars up first imho... k

Oil and Natural Gas

Resistance broken upwards. This is going to go at least to 1.22xx imho in the longer run. Cheers, k

EURUSD

OK, so it broke through. I think that yesterday's support will become a good resistance and will put some sell orders there. Then it's a ride of 7-8 dollars down imho. Cheers, k

Oil and Natural Gas

Bought. Let's see. k

Oil and Natural Gas

Strong resistance (bull cycle "completed") expected within the next week or so, sell order 1.1316, sl: 1.1325, tp open - will estimate if/after order is executed and not immediately stopped out, but of the order of several hundred pips. Cheers, k

EURUSD

the bear swing imho completes cca 20-25 cents below current price (if it would go below that, it will proceed several dollars further down). i am buying there. k

Oil and Natural Gas