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bobcollett

Market Wizard
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Everything posted by bobcollett

  1. Dear Patuca I am investigating your Brooks advice.Thank you. Just between you and me , I wonder if Brooks really trades . He refuses to show live trades. I think Mitsubishi is tired of seeing his posts hijacked. He has gone back to Japan to buy a bigger moto. And he'll be back in the new year with a vengence. Hows the gun running in Belize going? kind regards bobc
  2. Well done Tams, Your analogy should be posted on the front page of every US newspaper. But then I guess it wont help because 51% of the population (the democrats ) cant read. In the mean time, my market , the South African Top 40 has fallen for 4 days , when it usually goes up the last few days of the year. kind regards bobc
  3. "Nothing in the world can take the place of persistence .Talent will not ;nothing is more common than unsuccessful people with talent.Genius will not;unrewarded genius is almost a proverb. Education alone will not;the world is full of educated derelicts. Persistence and determination alone are omnipotent." Calvin Coolidge
  4. If you put all the Earths water in one place it would look like this It looks very small but is actually 850 miles in diameter. By comparison the International space station is 150 miles from Earth. bobc
  5. Hi bg Did you make money while you were trading this system manually? regards bobc
  6. Hi Brollo "You was robbed" But I think the moral of the story is , unless you work on a particular market , you cant wait till the last minute to close a deal. Especialy if its an unregulated market like Spreads. And just to raise a few eyebrows, spread betting is gambling. Whats wrong with buying a nice big bank like Goldman and just follow the trend. ? regards bobc
  7. And heres some more lunch money. The Mayan calender prediction of the end of the world on the 21st Dec is worth 1 long Gold contract.Buy round about the 18th.You will have to close the deal at 12noon on the 21st.because of Christmas. regards bobc PS Stock up on matches
  8. Has everybody stopped trading Gold? We have New Moon on the 13th. Markets strengthen up to three days after this . So the present correction is worth 2 long contracts for some lunch money. regards bobc.
  9. This is a true story. A young Portsmouth woman was feeling very depressed. Her long standing boy friend had shipped off to Australia and she so much wanted to be with him. Sitting on a bench at the shore she was approached by a very handsome sailor who heard her sad story. "I'm a sailor and we are off to Australia tomorrow. I can stow you away on my ship. I'll take care of you, bring you food everyday and keep you happy." With nothing to lose the woman accepted. That night the sailor brought her aboard and hid her in a small, but comfortable compartment in the hold. From then on, every night he would bring her three sandwiches, a bottle of red wine and make love to her until dawn. Two weeks later she was discovered by the captain during a routine inspection. "What are you doing here?" asked the Captain. "I have an arrangement with one of the sailors." she replied. "He brings me food and I get a free trip to Australia." "I see" said the Captain. Her conscience got the best of her and she added "plus, he is screwing me". "He certainly is" said the Captain. "This is the Isle of Wight ferry"
  10. Dear zdo Thats pretty good Even though it was a bit brief. And a great question "Why havent you been doing it for the past 42 years" I will come back to that thanks kind regards bobc
  11. Hi Pryme Tyme I was a bit skeptical about your replies,especially the long term and short charts that look the same.This does not happen often. But you give me some food for thought "Retailers dont have to trade every day" Find a LT and ST chart that look the same and trade the ST . Now the EXIT strategy?. regards bobc
  12. Hi Ingot So now we know who writes all the sales literature.You are very good.. I am thinking of opening a home for wayward girls and would welcome some sales jargon. regards bobc
  13. Hi Dude Amazing I knew you would post and I also knew it would make sense. Thank you regards bobc
  14. Having spent 6 years Day Trading and made some lunch money, but seldom enough to buy feed for the race horses, I have arrived at a crossroad. Unless you have worked and trained at a financial institution, you will only make lunch money. There is to much random noise in the daily moves. Today price goes up and tomorrow price go down and the retail trader must try and time these movements,using all sorts of methods and indicators. The ONLY TRUE EDGE the retail trader has is THE LONG TERM TREND . So to make the big bucks I must find markets that are trending, enter a trade , live through the drawdowns, with BIG stops , and find an Exit point. How do I do this? All suggestions welcome regards bobc
  15. Dear Ivan I played it just like you taught me. I posted the obvious answer....16 . Buy the breakout if the answer is 16 I then posted 23 with a wink to test the market. NO TAKERS I then posted 22.... I'm in. Right answer Now for the hard part. When to get out. Kind regards bob
  16. Dear Negotiator Dont be part of 96% :crap: You can still change you answer :doh: kind regards bobc
  17. Dear SIUYA Thank you for helping ingot :) regards bobc
  18. I hope this works Silver Bear Cafe regards bobc
  19. Hi jimbo I have saved the article but I cant post it as an attachment. (BBC) The file is rhyme.html I will try and find the website and post it. Regards bobc
  20. Is there any member who trades with cycles.? Its a bit mumbo jumbo, I know, but its an edge. Gold has a cycle of 21 months and it has worked for 13 years. If you can handle the coming pullback and the drawdown , then you will be smiling in July 2013 regards bobc
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