I will admit that I rarely read any of TraderTim's posts, but his last few caught my attention in that they seemed to be a direct attempt to snare a trader(s). And anytime someone says "you can trust me", you better protect your wallet. But what is ...

The brutal truth of day trading

One of the signs of dementia and mental decline is repeating the same story over and over again. You've posted this three times now, old fella. Whipe your chin and go take a nap.

The brutal truth of day trading

It's suddenly gone very quiet on this thread...

The brutal truth of day trading

Famous last words. Anyone care to confess to being among the "us" group noted above? I recognized a few names that Tim is following...

The brutal truth of day trading

Sorry, I seem to have stepped over a line here. I'm sure Australian's can manage without my input. My apologies!

The brutal truth of day trading

I'd have no time for this, but I'd think a good trader would demand different terms. For example, they'd likely retain all the gains, plus 20% of the invested capital as a fee. After all, the beneficiaries of the exercise (the investors) should be ...

The brutal truth of day trading

Yes I would go along with that. The only caveat would be if Peter objects and wants to narrow down the field to better display is non-consumer thinking.

The brutal truth of day trading

No...this is Forex Factory. Post anything traded on the Forex. Let's stay focused on the topic at hand, which is 5% pet day trading the Forex.

The brutal truth of day trading

Peter said: "Monday morning, I look at the previous 2 weeks and see what has happened, how it played out and where it's up to now. Because I am a manual trader, I do NOT rely on blind signals. So if for that week, the market I am looking at, offers ...

The brutal truth of day trading

You are, of course, correct. The efforts to show how it might be done -- Peter consistently earning 5% per day -- are about as convincing as an attempt to show how Peter might move faster than the speed of light. Or how Peter might travel back in ...

The brutal truth of day trading

The scam is...you. You are fake. You contribute nothing. You know nothing of value. You post long, disjointed, meaningless diatribes, where you claim deep knowledge of trading, but in actuality, your depth disappears about a scratch deep. The scam ...

The brutal truth of day trading

Peter, it takes an empty head such as yours to make such a statement. I've challenged your pathetic ass to a trading challenge, where we can demo here, in the real world, our comparative trading skills and styles. You've refused, and you squeal with ...

The brutal truth of day trading

Did I miss a discussion on order fill? Is this something that many people experience? Or is this just a bullshit, made up topic? I'm going with bullshit, made up topic that gives someone an excuse to ramble on with more uncoordinated thinking, just ...

The brutal truth of day trading

Anyone with the experience Peter claims to have, would never claim to achieve 5% every day he trades. George Soros has never made 5% a day, consistently, over an extended period of time. No big bank has ever made 5% a day, consistently. And Peter ...

The brutal truth of day trading

Hi, just checked my notes from July 10. First structure. The GBP had been trading in a box (was range bound) and the move you are referring to was a move off the bottom of the range or box. Target was back to the top of current structure. Second, ...

(binned per thread starter’s request) GEfx Trading Journal

I've always thought of professional traders as those individuals with a Series 7 license who traded other people's money. So, those guys never want money withdrawn from accounts. But as a retail forex trader (I am just a filthy speculator) I move ...

The brutal truth of day trading

Interesting topic. In the context of currency trading, I watch several markets when thinking through fundamental analysis. For example, oil price/expectations are important when thinking about the CAD and, less so, the GBP; commodity price index ...

Intermarket correlation - Price tells story?

Yikes!

The brutal truth of day trading

I received 2 private messages asking for some additional information to clarify my last post. Below is a chart of the G$, taking off Peter's post as a point of reference. This 1H chart clearly shows that the G$ is bracketing/ranging/in a box, and ...

The brutal truth of day trading

I think I understand your point. Maybe I can provide some context to my use of TA. The charts I post here provide a view of trades and trade analysis. But before I get to a trade, there are 7 charts that I use in a cascading analysis starting with ...

The brutal truth of day trading