Sometimes in life, we have come just too damned far to give up. As long as we still believe in what we are doing, we MUST carry on, indeed it is the only way to find out whether or not we will eventually succeed. If we don't, then at least we will ...

The Loneliness of the Long Distance Trader

Understood. Anyway, it really doesn't matter what any of us say, because this business being what it is, there will always be debate over the many aspects of trading, much to discuss, much to relay, conflicting points of view etc, but at the end of ...

The Loneliness of the Long Distance Trader

Not really, because darko did not define exactly what he meant by ' limits '. here's his whole paragraph- " To me, trading is about growing up as a person and learn to respect the market the same way we have to respect each other. We can refuse to ...

The Loneliness of the Long Distance Trader

Great post darko, but limits should not be something any of us should be factoring into our journey, neither is an inability to change that which we know needs changing. Taking an unreasonable chance? There are two ways of defining this with regards ...

The Loneliness of the Long Distance Trader

By far the biggest favour I did myself as a trader was to be honest with myself. When we are losing, we must ask ourselves why, and the answer can often be uncomfortable. Whatever the answer is, it has to be addressed and solved. Far too often, we ...

The Trader's Academy - by Traders for Traders

Yeah, forget the Santa rally, which is purely subjective. Better concentrate on what the charts are showing us, and right now we are rebounding off of my 2 day 200ema, which was always likely to be a big support test. Whether price can maintain the ...

US and Euro stocks mounting one more rally before crashing?

Yesterday, both the Dax and Dow looked as if they were about to really fall over the cliff, but they halted the slump, and rose pretty strongly during the Asian session. Is there going to be a Santa rally this year, and has it just begun? ...

US and Euro stocks mounting one more rally before crashing?

Thanks msq, it certainly has kicked off a few interesting discussions hasn't it?

The Loneliness of the Long Distance Trader

Under UK tax law, profits from spreadbetting are exempt from Capital Gains Tax. It is however a grey area depending upon how much you make and whether it is your full time occupation. If in doubt for your particular circumstances, it is best if you ...

The Loneliness of the Long Distance Trader

Just to pick up on those points. Yes it is seen as gambling, which is why for tax purposes here in the UK, spreadbetting is tax exempt as it falls under gambling profits. Trading is not even worse if you are losing, it is infinitely worse. I do not ...

The Loneliness of the Long Distance Trader

I wasn't dragging this anywhere, though I get your inference here, as time spent at work is immaterial and not relevant to this thread, unless your wife/partner wants you in bed and you have to trade instead, which I guess can be an issue for those ...

The Loneliness of the Long Distance Trader

My sincerest apologies Cindy, your replies are very much appreciated as they all are, but somehow I overlooked them, and it's absolutely nothing personal I can assure you. I'm a bit in and out at the moment as I've been staying with my elderly Mum ...

The Loneliness of the Long Distance Trader

I hear you. Makes it doubly difficult doesn't it?

The Loneliness of the Long Distance Trader

[/B] Trading is not about friendship, trading is about doing what you have decided to do to the best of your ability. Each of us has our own motivation and our own priorities, but as with all things in life, once you have set yourself a goal, you ...

The Loneliness of the Long Distance Trader

Well, Dow is not over 1000 pips down from its 76.4% retrace posted above. Its support is currently my 2 day 100sma. If it breaks that, then I'd expect to see it push down further towards the Oct low. If it does that, then it either smashes through ...

US and Euro stocks mounting one more rally before crashing?

I disagree, because a real friend would never be lost, unless, you yourself drive them away. As for love, in my experience, love is fickle, and never, ever worth sacrificing your dreams for. To make it as a trader, you've got to have tunnel vision, ...

The Loneliness of the Long Distance Trader

A question only you yourself can answer. What I would say is that all of life is an experiment, and if you just sit in one place afraid of failure then you might as well pack life in today. When we go after something we want , there are always ...

The Loneliness of the Long Distance Trader