zdo

... 3 members and 3 guests... that's a strangely high guest count I cannot give you a good reason why a seller should not be identified as such on the forums. But I don't care (and I'm not being smart ass ) ... If they put all vendors' content in bold red it would not save a single hapless sucker one dam dime. Those who are looking 'outward' will continue to look outward until they don't look outward any more...then... The earthquake wasn't my fault...:spam:

Full hedge still on but already starting to lift some of the outright shorts - maybe temporarily... We were talking about mistakes (over in the Risk of Ruin thread?) On this trade I made one of those mistakes already - "getting in too early and now may be making one of the other mistakes - "getting out too early" PS MMS, hell yes! We're proud of you

nhallett Rande Howell ... Deusomega mentioned that Logic "... has a manual for $750 lol. " Yet to a (very small) niche, that manual may be worth many multiples of $750. We have to be careful of single factor thinking that just leads to generalized slamming of all the vendors. In the right hands and for someone with those same proclivities in approach, the same can be true of high pricing by other vendors... Like UB's indicators for example. I know I personally worked long and hard developing similar code and measures. ( I use this way only in certain conditions, not day in day out swing in swing out or whatever... hm) ... and then, there was more long and hard work learning how to use them Truly putting in that long and hard work to learn someone else's way has over the years come to be just plain ole inconceivable to me. All vendors are promoting a tiny niche - whether they acknowledge it or whether they act as if their method is dispensed from god the father for every trader ever born and yet to be born. The match between vendor's methods and the 'client's' true nature is the determinant of whether a vendor's tutalage is going to be successful or not... It's not - as the vendors would claim, that the 'client' quit or wasn't 'disciplined' or whatever nor, as the 'clients' would claim, that the course was "crap". The true failure rate of these 'relationships' makes even any exorbitant pricing and wasted / lost money seem inconsequential. This is even further compounded by the large percentage of vendors who are (mostly unconsciously) teaching to help themselves learn. Most trading coaches are all done with coaching once they learn how to trade, etc. ... some opinions for noobs and strugglers... It is preferable that a potential client already be VERY VERY DEEP into the very similar methodology or approach before interviewing a potential vendor It is even more preferable to "Find your own way!" zdo

TOP 10 Ways Forex Traders Lose Money to whom does it debtsn’t matter anymore? New national debt data: It's growing about $3 million a minute, even during his vacation - latimes.com Unless denial is freakn rampant rampant, to some this obviously doesn't matter. It' different this term, this administration, or something... it seems to matter to a lot of americans. It definitely matters to the dumbass teapartiers, but to some it doesn't seem to matter. Who are they? roll .59 to the left...

Not sure this one would actually be a hedge on dollar and dollar holdings - but it is the best idea I've had in the last 15 minutes... Tier #: Personal Drones (fixed wing and chopper)

Two others pop into mind Norman Hallett Rande Howell My own opinion on Norman and co. is that they are 'great folks'. Consistent message across time, etc - providing rules, tips, suggestions (literally ). I'm not up on what's he's selling now, but long ago I bought one of his hypnosis CD's. And btw, his wife has a great voice for this! Well done, simply, elegant, reasonably priced product. Fortunately, the scripts were 'open' / disclosed, so I was able to discern the subtle discrepancies from the way I needed to go from the 'stock' trading advice imbedded in the product and was able to return it for a refund. Bottom line - his services are not for everyone ( at least as much as the promotions would suggest), but there is a pretty good percentage of 'efforting' traders who would benefit from at least a trial of his services... Rande Howell... ditto as far as character and integrity go... Rande's services work at much more 'depth' than most 'trading psychologists' (and please correct me if that's not the correct label). With him your not getting 'what to do', you're getting how to get into awareness of your own patterns and dynamics. You know - the ones that are often running just below consciousness. A large percentage of developing traders don't even acknowledge such 'nonsense' - so once again almost ditto. His services are not for everyone but there is a pretty good percentage of developing traders who would benefit from 'investing' the time, energy and expense in this direction... For even further improvement, I would suggest to Rande that he take up real, fast time frame trading for about an hour a day (during non billable hours, of course ) for about three months... result, imo, would be a big updraft of rapport with clients and potential clients. re Vendors Vendors Vendors In TL: I don’t care if a vendor can ‘prove’ he’s super profitable or not. I don’t care whether he has to label himself herein as a vendor or not. I don’t care whether we hold them to a higher or different standard or not I don’t care if other members slam the hell out of them or not. If they can’t take the heat.. I DO care if they reply to questions – especially the serious, difficult ones. I could go into how each of the 5 vendors McD and I have listed evades, ignores, avoids questions. I would even accept answers like “that is proprietary info”, or “that would be billable work” but arrogantly ignoring sincere questions is a very fast way to kill good will and referrals from me…

Well it's not Swiss Francs :helloooo: The extreme (until it's not) version :missy: Tier 1 Food and Water Tier 2 Guns and Ammo Tier 3 Precious Metals, (with plenty of pre 65 silver coins for 'small' purchases / trades) Tier 4 Elevated, cautious Leverage (including FX Positions - but remember they're all in a race to the bottom) . . . Tier # Rural Land Tier # Multiple Passports Tier # Toilet Paper :haha:

Bless all our Pips... Many factors affect exchange rates. Tip off - coming to a speech near you. Watch out for the Big lie word of the day - Sacrifice. Beware any politician’s words, including those of the so ‘exceptional’ Barry Hussein Obummer, who use the terms “sacrifice”, “we must all sacrifice” and “shared sacrifice”, etc. "It only stands to reason that where there's sacrifice, there's someone collecting the sacrificial offerings. Where there's service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master." Ayn Rand

Some post - darkness... some post 'ism' optimism… (if you don't want your stability threatened - click out) David Knox Barker LongWave Dynamics All the ‘ism’s are frauds of epic proportions. All of them are created, controlled, played off each other, and then destroyed by the same tiny group of people who manipulate slightly larger groups of people… who, in turn, manipulate and play larger and larger groups of people off each other... One of the first and simplest realizations needed, and one that is hopefully coming, is that the "throng is not morally obligated to obey the dot" [ame=http://www.youtube.com/watch?v=DVEzdh4PMDI&feature=related]TinyDotExplained.mp4 - YouTube[/ame]

This lags a bit but still goes with the OP of this thread. Bundesbank: "Mein Entschluss: Anschluss-Plus" - Germany Reveals The European Annexation Blueprints | ZeroHedge ..and, btw, the coming ‘atrocities’ of the Fourth Reich don’t hold a candle to the coming inhumanity right here in the good ole USS of A

Nor was I... it might have seemed that way because I mixed noting the similarities in with some disagreements with other posts. Good point... wife / girlfriend and family issues needs a whole separate thread in ‘psychology’ section

You’re imagining me in an aluminum foil hat ?? ///:haha: I’m imagining you needing one... Washington's Blog Washington's Blog “We live in a world where belief is more important than what's real, and must be defended at all costs. Belief will always seek to kill what's real, because what's real is a threat to belief.” V. Marco "A belief is not merely an idea the mind possesses; it is an idea that possesses the mind." Robert Oxton Bolton "It’s no measure of health to be well adjusted to a profoundly sick society" J Krishnamurti ”Anyone who gives you a belief system is your enemy” Osho

Great posts, all. MightyMouse’s Entering when you should not have entered. Not entering when you should have entered. Exiting when you should have stayed in. Staying in when you should have gotten out. is the same list as 1 Entering too early 2 Entering too late 3 Exiting too early 4 Exiting too late just from a different perspective Entering when you should not have entered is same as 1. Entering too early. It’s entering way way way too early – something I’ve done more than a few times in the conditions of the last couple of weeks Not entering when you should have entered is same as 2. Entering too late. It’s entering way way way too late so late you don’t enter at all in some cases Exiting when you should have stayed in. is same as 3 Exiting too early. Cash123 posted “exiting a profitable position too early is not a mistake.I only wish I could do this more often :-). Finetuning often is detrimental to long term profitability imo. Some of the most successful players consistently sell too soon.” This is highly system specific and if, for whatever reasons (sychological mostly), we jump out and don’t stay with a position to the optimal exit, that is a mistake… many more aspects of this exist than we’re covering here… but those ‘most successful players’ are not selling too soon. Specific to their system, they are selling just at the right time… Staying in when you should have gotten out. is same as 4 Exiting too late. Giving profits back is one side of this mistake. The other - letting a loss run = exiting way to late! :doh: No Stop is the account killer mistake. Any outcome is possible this trade. Getting stopped out is not nearly as big a fkn mistake as is not getting stopped out when you should have. Not having a loss point set is stepping out over the edge and being delusional about the ultimate result because the market’s random-like outcomes sometimes makes the ‘magical’ intermittently possible . When in flow, the opposite of those mistakes happens. Paradoxically, the ever present and varying degrees of imprecision are embraced. They become like 'da nada'. I operate in an environment of ever changing conditions, uncertain outcomes, and in opportunity and risk elevated above ‘normal’ and repeatedly ‘restart’ to personally bring those factors conscious and up front For me, the biggest trading mistake possible is to stop working on clearing whatever is standing in the way of creating COMPLETE WHOLE HEARTED COMMITMENT! I thought about expanding on some of these ‘mistakes’ thoughts and posts further, but … might as well practice what I preach. In the end, we will all be better served moving our attention to what is working and how to make that work better instead of on obstacles and what is wrong… All the best, zdo

Aug 18 PM Gold Holdings and Longs all hedged up and even building a small net short via near month futures into close today... planning to add to shorts all the way up to 1870 ish... projected holding period: a few weeks... thorazine shuffle type trade... MMS noticed you've got 1 award. Did you give it to yourself ? :rofl:

DISCOVER HOW TO TRADE FOREX GET YOUR FREE eBOOK NOW Lying in Sanskrit - lesson for the day When you’re listening to / watching any politician, ANY POLITICIAN, republicrat or democan (obama or whoever) who talks about helping or protecting the ‘middle class’ – Watch out!. They are lying. Just like in the russian revolution, the rhetoric was to go after the upper class – but the real target was, in that case, and is, in this case now, the middle class.

me too... I dare you :haha: Tyler, packing the words in so tightly and bluntly  “ Proving once again that when it comes to the definition of Banana Republic, America really has no equal, we first read in China Business News that according to PBOC adviser Li Daokui, China will "basically" maintain its existing monetary policy direction, and won't likely introduce stimulus measures as it did in 2008. Sorry "Rest of the World", you are on your own: China will no longer act as the last recourse economic (confidence) dynamo (because who the hell knows just what is going on in the mainland aside from building empty cities and grounding its entire monorail fleet, an action that was accompanied by so-called objective rating agency Dagong giving the rail ministry a rating higher than that of China itself!... once a rating agency...). However, this action of glaring sobriety does not stop our own fiscal monkeys from throwing feces at the stimulus wall in hopes something sticks. Just as last year the payroll tax was supposed to be the $100 billion gift that keeps on giving, yet crashed and burned miserable within months if not weeks, so this year we find that Obama is once again "recommending that the congressional deficit supercommittee back new measures to stimulate the lagging economy, people familiar with White House discussions said Tuesday." But that's not the funny part! No, the funny part is that even as he demands more alms, our munificent president would also "recommend the committee come up with a package that reduces the federal budget deficit by much more that its mandate of $1.5 trillion over the next decade, a senior administration official said, through changes in the tax code and social safety-net programs." So let us get this straight: more stimulus in the short-term, offset by quadrillions...nay... sextillions of savings at some point in the far future, long after the current administration is at the very bottom of the history books. Brilliant! But an even better idea: Obama should pull a Bryan Gardner and forge a money order from Hank Paulson, making Citi hand out a +/-$1 million check to every American, paid out of petty unaccounted for cash, as was the case before. Obviously, nobody noticed then; it is only Banana Republican that nobody will notice now”

wanr, re Interesting question. What top ten typical trading mistakes do you have in mind? Or not. In general (imho based not on my own testing but on past discussions with the two best automation testing traders I know) , 'reverse it’ systems designed to do the ‘opposite’ of losing systems don’t test that well. My guess is that what is essentially converting an unprofitable 'reversion' system to an 'excursion' system will not likely make a quality 'excursion' system, (and vice versa) (and etc for various other types of systems) All the best, zdo PS (.... please don’t let the following deter you from answering my question above. It is a serious question ) - but as MightyMouse says “Traders do not avoid making typical trading mistakes. Traders who make money make mistakes all the time. A new trader harps on his mistakes, a seasoned trader takes the next trade. A trader who claims to make no mistakes, doesn't really trade.” My ‘trading mistakes’ are 1 Entering too early 2 Entering too late 3 Exiting too early 4 Exiting too late By coincidence, I’ve already made every one of these mistakes, (and both the “too early” , 1 and 3, ones multiple times) this morning. I’ve also made three ‘execution mistakes’ - stupid errors in placing orders. Corrected two of them before fills, and on the other one, luckily came back to that window just after the fill and immediately scalped out with a few ticks profit. But, even with all those even (little bit worse than usual) mistakes, as far as absolute money levels of profit go, I could feel quite comfortable shutting down and walking out the door for the day. ie noobs, make your mistakes as fast as possible. Learn from and correct them as fast as possible. This is one of the main reasons I go so harshly against the consensus grain and advise you to go real out the gate instead of beginning on sim...

You'd probably have a better chance at getting those 'opposite' results by placing same orders as the new trader but taking the 'reverse' exits that they take... ie that "90%" / unspecified high percentage (hereinafter hi%) of losers comes more from not knowing how to lose instead of not knowing how to win. ie "It's a pareto of a pareto. Knowing how to lose will get you up out of the lower pareto. Then knowing how to win will get you into the upper pareto of the pareto..." zdo stpips89, re "90% stat is usually saying 90% don't become "pro traders"" No. It really is that a hi% do not continue trading - period, usually from unacceptable drawdowns or unrewarding experiences in market participation and positions (and, lest we forget, just plain bad beginners luck) Of course many beginners do start with categorically "bad" edges, but also many beginners do not . Can't site the sources now, but along about the time these 'legendary' (unspecified) hi%'s became 'statistical myths' (late 80's), there were also studies showing that more positions by beginners went immediately into the green than went immediately into the red. Now, I personally would explain / account for much of that by attesting that 'breakouts' did have a higher rate of continuation in those days than since 2000, etc etc ... but the point is - fading noob entries has less of a chance of working than does fading noob exits. Crazy ain't it?

I’m looking at this thread in relation to my questions in the http://www.traderslaboratory.com/forums/technical-analysis/10474-your-mean.html thread. BF, phoenix01, et al. When / on which bar are you executing these trades? Thanks

c'mon peeps , challenge the media paradigms just a little bit !!! For example, how could Germany "lead" the global downturn when the global downturn started years ago and Germany has actually held up quite well ? ... up til now, at least... Germany ain't leading the "downturn". They are following it. Jeez luise, Japan has been leading them into the downturn for some 20 + years now...

Tick charts (vs Minute) were mentioned... in the long run, you will be better off designing and coding all your systems to run off a 1 tick chart and getting setups and signals from 'higher' time frames via ADE/ELC or other Data# hth

https://www.tradestation.com/wiki/display/EasyLanguage/Timer+Class

... FREE UNTIL 2012 GET STARTED Lying in sanskrit - lesson for the day When you’re listening / watching any politician, ANY POLITICIAN, republicrat or democan, (obama, bachman or whoever) who utters the terms “create jobs” or “job creation” - Watch out! They are lying to you! Use it as a tell... an opportunity for you to reframe...

Investment research | Eurocalypse Trading Update 8/17/2011 - US Equity Markets, CRE and Fixed Income | Reggie Middleton Boom Bu ...and btw Europe ain't fixed

TRADE FOREX WITH A LEADING BANK >>Try the Free demo This one is hilarious - Jon Stewart On The Ron "13th Floor In A Hotel" Paul Media Blackout | ZeroHedge and or This one is not - Big Brother 2.0: 10 New Ways That The Government Will Be Spying On You And Controlling Your Behavior Is your choice really that clear cut?