No. Wouldn't give it all. You said rich. Would maintain enough for me, and those I care about to live good lives. But there's only so much a man can spend. Not sure how it works either, but I'm sure there are ways to guarantee the money gets where ...

so you got rich, what now?

Give to charity.

so you got rich, what now?

video

What kind of music you hear while you trade?

Apologies to Gumrai, as I think this whole gambler vs. trader discussion may ultimately be pointless, because it may break down to semantics. Some people may use these words as synonyms, some people may use them as antonyms. Then, the context in ...

Trader or Gambler?

How come I didn't think of that perfect EA example? The elegant way you think and are able to express yourself never ceases to amaze me.

Every indicator can be profitable?

hmmm... Are you part of some governmental agency?

Looking for long term (swing) strategy, any help?

The two myfxbook accounts posted are well know and show accurate data.

After years in trading, do you still believe in get-rich-fast BS?

LOL the old guy deregulated the market and then he writes a book where he tries to figure it out. Jon Stewart nails him over and over. Love it

Every indicator can be profitable?

OK, I get what you mean by discretionary trading. It's not that far from what I meant. We both see it as trading where the trader him/herself is in control of the whole decision making process. When I speak of automated trading, there is always some ...

After years in trading, do you still believe in get-rich-fast BS?

WOW! Kick @ss post man

We were fools to believe candlesticks can predict

I have to agree here (and I'm not kidding btw). Mark Douglas is definitely a success story, because he was intelligent enough to trade something he was bad and unprofitable at for something profitable he is good at.

We were fools to believe candlesticks can predict

Well, my experience is exactly the opposite. I know and have seen several automated traders who are and have been consistently profitable for quite some time for sure. The same thing I cannot say about discretionary traders, but I know they exist ...

After years in trading, do you still believe in get-rich-fast BS?

Yup, sad but true (thinking about writing a trading psychology book too haha).

After years in trading, do you still believe in get-rich-fast BS?

IMHO, psychology is the most overrated aspect of trading ever, mostly thanks to author Mark Douglas. My view is that #1 thing a trader needs is a proven edge. In most cases, psychology issues can be easily corrected once the trader perceives he/she ...

After years in trading, do you still believe in get-rich-fast BS?

When I feel more comfortable with my capital base, I'll give it a serious try. Meanwhile I'll keep cheating and being evil

We were fools to believe candlesticks can predict

Thanks for the clarification. You are right, money detachement (sp?) is very important. I've not achieved that higher mindset yet, that's why I cheat by using automated trading.

We were fools to believe candlesticks can predict

Nothing... OK. Really didn't get what you meant.

We were fools to believe candlesticks can predict

Sorry, English is not my native tongue, what do you mean?

We were fools to believe candlesticks can predict

I feel your pain, but you need to take it easy. Remember this is internet forum talk lol.

We were fools to believe candlesticks can predict

I think that it is just semantics, and the three of us talking about the same thing here. Nobody is claiming to be 100% certain of a trade outcome. In fact, predicting the outcome of a specific trade would be an exercise in futility, a fool's ...

We were fools to believe candlesticks can predict