I wasn't offended in the slightest, but I didn't see the sarcasm. Yes, of course there are many things more important than trading, but the same could be said about pretty much anything except those nearest and dearest to us and our health, because ...

The Loneliness of the Long Distance Trader

Because it did for you, makes me wrong does it?

The Loneliness of the Long Distance Trader

[quote=echo1;11680305]. What fueled me at the beginning is the fact that I can travel and trade at the same time, ..... I definitely have much more beach/lake/forest/etc time..... Some people work on getting 1000 pip months, but if you can ...

The Loneliness of the Long Distance Trader

I hear what you are saying, but, this approach to trading as something which you hope will give you a better lifestyle without the total and 100% commitment to learning how to do it, is the reason why most fail. Viewing trading as a means to an end ...

The Loneliness of the Long Distance Trader

[quote=echo1;11679366] Not impressed by this. Sounds like one of those systems advertisements...' Earn a fantastic income from home from just a couple of hours a day and enjoy the freedom you've always dreamed of '! In other words, bullshit Real ...

The Loneliness of the Long Distance Trader

I'd like to close out this week with this quote, because it is absolutely mega for us traders. Everything worthwhile I ever achieved in my life was because I tore myself out of my comfort zone, even getting married on my 40th birthday was a wrench ...

The Loneliness of the Long Distance Trader

Just to add one more thing. If you are using several time frames as I do, they must, as far as possible, complement each other, so ytou have to choose them carefully and work out which ones to use and which ones suit your particular strategy, ...

The Trader's Academy - by Traders for Traders

Dear Tzamo. I guess it's a bit like driving a car - at first there a hundred things to think about and the brain can get muddled, but with practice it all falls into place. So I find that now at least, I can focus on all of them at the same time, ...

The Trader's Academy - by Traders for Traders

I'd be interested to hear from any multi-time frame traders out there, as this is an approach to trading that is rarely discussed. Having several time frames open in front of you rather than just one or two can be a very effective way of knowing ...

The Trader's Academy - by Traders for Traders

A visual on where we're at in technical pattern terms compared to 2007. I think that probably where we are now in relation to 2007 is that pull back from the initial Oct high which pulled back before falling again from its 76.4% fib at the end of ...

US and Euro stocks mounting one more rally before crashing?

One thing I haven't taken into account until I just remembered what time of year it was, was the possibility of a Santa rally, because there usually is one. This would take stocks perhaps to new highs. As always, time will tell.

US and Euro stocks mounting one more rally before crashing?

From here, if it does fall 1000 pips or so, Id expect to see it rally again, and then, the real test will be whether it can get above yesterday's high. If this were to happen, and it failed, then that could be the next really significant leg down, ...

US and Euro stocks mounting one more rally before crashing?

The Dow has indeed hit its 76.4% from the highs, and reacted to it to the pip. 130 pips down as I type, which is nothing for the Dow, so we'll see how it finishes the day. Looking bearish at this early hour of the day, and Dax already well off the ...

US and Euro stocks mounting one more rally before crashing?

Quite a rebound on the Dow, 2000 pips off the low as I type, and already I know people screaming ' NEW HIGHS...30,00...40,000 FOR THE DOW " They may be right, but I'm not one of them, and until Dow breaks new highs, for me, this is just a pullback ...

US and Euro stocks mounting one more rally before crashing?

The one thing most people get wrong when they come into this business is overestimating themselves and underestimating the markets. Turn that back to front, and with time, a trader might just get somewhere.

What is the one thing people get wrong when trading forex?

The Dow is up on its 61.8% retrace from the highs now, so that's worth keeping an eye on, as it's potentially a big resistance level.

Dax - Daily analysis and Discussion

Good to see a few of you keeping this thread alive. Interesting level right now right up close to my highest resistance level for the day, which is the 76.45 fib from Friday's high which is sitting right on top of today's R2. This level I have at ...

Dax - Daily analysis and Discussion