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james16 replied Jul 30, 2007you may be fine with the pin. the positive to think about is you called the run. there are 20 year traders that cant do that. your on your way dude, be happy for it and stay patient. jim
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james16 replied Jul 29, 2007hello kevin, i dont know if this was demo or real money but i will use your post to talk a bit. you may or may not apply to my talking points so this is not directed at you im just using your post to convey a few thoughts. im trying to be honest ...
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james16 replied Jul 19, 2007nice observation and true but you need to do a little fiddling and testing on each pair and when they trade with the most movement. jim
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james16 replied Jul 17, 2007divergence — divergence can and will kill you in a strong trend if used blindly. never forget that. a lesson i learned long ago. used with price action and support and resistance like we do here it can be of good use but be careful ladies and ...
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james16 replied Jul 13, 2007yeah sometimes i find something i had put away and forgotten about and the tears well up. im a softy now. wasnt always like that for me. jim
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james16 replied Jul 12, 2007LOL. your the only person on this forum that i usually read the post at least three times to make sure i missed nothing. thats from my nine year old son. i keep all that stuff to make sure i can show him he really does love me when he is sixteen and ...
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james16 replied Jul 12, 2007the cave — i started in 1983 with a pencil, ruler, graph paper and the newspaper. things have changed. two monitors on the left on a dell on cable internet. 4 in the middle on a custom made trading computer built for me by trading ...
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james16 replied Jul 6, 2007well put tom, its this breakdown in discipline that puts the whammy on so many new traders. we all end up doing it. i still fight it to this day. its an evil little voice we must ignore. jim
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james16 replied Jun 30, 2007LOL. thanks md, do all of you realize that there are many golfers out there that are good enough to beat any of the top professional golfers, including tiger, on any given day when its just for fun? shooting 68 is not rare at all. shooting 68 when ...
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james16 replied Jun 30, 2007many different approaches are discussed by long timers in this thread. the most conservative manner is on a break of a particular bar. the single most important thing is to combine simple support and resistance into your thought process. if you have ...
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james16 replied May 25, 2007Price Action — let me clear something up. price action can certainly be traded after a lot of practice by itself. if anyone new is blindly trading bar set ups with no other confirmation then your trading in a risky manner, especially if your ...
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james16 replied May 25, 2007ok lets go one step at a time. very simple stuff and you will see that soon if you work at it. i was where you are once and everyone else also. 1. pivot levels. i could tell you but do this on your own. google floor trader pivots. in 30 minutes you ...
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james16 replied May 24, 2007LOL. believe it or not i was in a high school rock band in the seventies. we sucked but man the chicks were thick. could tie my hair in a knot under my chin. if i could have been anything in life i would have chosen rock star. when i was around 20 i ...
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james16 replied May 24, 2007yeah i have to admit i laughed when i saw this and then i went and looked at some of my old trading books and really laughed. i could do a damn good one and who knows, maybe someday. jim
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