MightyMouse

The euro's grandfather began life in 1975. The euro came about at the beginning of 1999. Your broker is mistaken. Not a good sign. I thought the euro would already have been to the level you are predicting, but it hasn't. Everyone is doing QE and the result is a stalemate and EUR/USD of between 120-135. We'll need a significant worsening of the debt crisis in the ECU or a surprise. Frustration at its best. But, one can surely make good money in a 15 cent range.

Trading baseball cards is very lucrative if you know what you are doing. You meet people who are emotional about purchasing a particular card that you have.Emotions lead to bad decision making and its easy to be on the right end of it. If you are interested in shares, buy and hold Life Insurance Company shares. They will go up for a while. Years.

I am very familiar with that frown.

It could be that you are suffering from progressive lose of memory while you enter your text on TL. It could be a result of an undiagnosed head injury or excessive drug use in the 70's and 80's. If that is the case then I would monitor for continued deterioration of your activities of daily living and consult a physician. On the other hand, it could be that you haven't posted in so long, that they forgot you exist.

Trade baseball cards.

There is a slim chance this can be done, but I don't think he is taking big enough risks to let that slim chance be a slim chance.

I do wish you luck. and, if I could fix the market, I would fix it so it goes in your direction. I would do anything to help you get out of this pathetic trade.

Would of could have should have made money on the trade? I traded it perfectly given the circumstances at that moment. I lost a few bucks on that trade, yes. Because I am a member of the flock of sheep, I need to get out after about 8 pts max or so on es when i trade it in that type of trade. I do not have the stomach to let a trade go 90 points against me after i enter. You would have could have should have saved yourself about 60 points if you didn't move your stop. The market punishes those would can't admit fault. Are we comparing 4.5 points to about 85 points?

You are trading at too high a level for me for a commoner like me. I, unfortunately, am not privy to the secret code and simply see the market as going on to make newer and newer highs. Maybe one day I will have the "Aha" moment and be able to benefit from the secret code too.

90 point short covering to a new high. Could be. It has been short covering into new highs for the last 5 years.

Pure propaganda. Gold is so over bought that it is overly bought. Look at the way the offers appear and the bids fade away. Gold is going to sink further. A good short term goal for us is to ride it to sub 1000. Let's say 986, but just as a guess. If you are bullish, You are going to have to walk like you are holding a gold nugget between your butt cheeks Squeeze hard so you don't drop it.

You lost a house to mutual funds? I am going to predict that in 2 years your 45,000 will either be gone or your account will grow to 500,000 and then be gone if you keep trading. You are a cowboy. Good luck

Seems like a fairly angry man who wrote that article.

Humbled, Out of curiosity, what does consistency mean to you? If you have already defined this, then feel free to ignore the question. I am asking because I suspect that your expectations of what is possible compared to what really is possible might be off. Therefore, it could be that your trading is fine and you are trying to get help to fix something that isn't broken. Sort of like drilling a hole in your head to let the head ache out. MM

Everything the SEC and FINRA say about HYIP is a lie. They just don't want you to know about it so that they can take advantage of it themselves.

I didn't recover anything. I took that trade because I had a window of time open to take such a trade and don't have the time to trade now. Too much going on so the loss remains on the books. as well as the losses from other trades. Hopefully I will recover it later in the year when i have more time.

Fundamental disagreement. You have the smallest position on when you are fortunate to have a trade go in your favor right away and you have the largest position on when price moves in the wrong direction. I rather scale out of a loser and into a winner than scale into a loser and out of a winner. A bout of bad luck will kick your ass if you scale into losing positions. Patuca uses the sheep analogy. read back a few posts.

Sheepies use stop losses because conventionally that is what you are supposed to do and you don't because you are not a sheep. Sheep also do not add to a losing position. Do you add to a losing position? ES must be a better short now at 1640, no?

EUR/USD is in a range bound by a low in 2006 and a high in 2008. Lots of movement in between the extremes. We can point our lines in any direction we want and if the market heads toward our line or turns at our line we then proclaim accuracy, brilliance, and victory. However, what matters most for the direction of a currency is not going to be found on a chart.

What time frame are you considering long term? Given that time frame. how much capital are you willing to commit of that period of time? Lastly, but not least important, what type of return do you expect to receive for the time and money you are willing to commit? Why do you think the euro looks bullish?

Let me know what you will be trading and at what times.

[ame=http://www.youtube.com/watch?v=qLAd4NzuqYM]5 Minute University - YouTube[/ame] You don't need 10 minutes. 5 is enough.

Ha ha ha ha ha ha (I wasn't that amused. I had to get to 20).

This too is crazy! Please do not make the mistake of taking my comment personally. You will always enter periods where you lose more than you gain. There is nothing you can do to avoid it. It is pure fantasy to think you can. Thinking you can is like thinking that you are only going to have a winning streak when you trade. Instead of paper trading, a trader should make sure he is executing trades and managing risk properly and continue to trade. If the losses are bothering him because the losses are too large, then he should probably stop trading and rethink his risk profile. If he can't handle losing or being wrong, then he is a pussy and shouldn't be trading in the first place. This all assumes that a trader knows how to take money from other traders. If he doesn't, then he should avoid trading real money until he does know how to take money.

OK so you moved from a 27 pt stop to a 58 pt stop to no stop because Es, in your opinion, is in a bear market. When does it become a bull market or when do you call it quits on this position? Or, do you just hang on because you are right at all costs?