dmedin

This is why G-d created accountants.

Ooh lots of fancy new lines.

Absolutely f*k all happening today.

Indices are going nowhere just now.

Wrap you chops around that big stonker, Cassandra! 🤓 Whoop! Whoop! Whoop! Whoop! Whoop! Whoop!

I wonder if the Goldman's foreskin will start tingling now that oil is possibly headed back to $36 lololol Oh it's not good, economically speaking.

Hearing more people talk about 'volume profile' and 'zones of control' and such these days.

Trade mechanically. Read 'Trading in the zone' by Mark Douglas and try some of the strategies used here www.tradingrush.net

I disagree with people who base their decisions on 'fundamentals' and 'news'. Look at the chart. Is it in a downtrend? Sell the rally. Is it in an uptrend? Buy the dip. Don't listen to any of these c&nts who get paid by the word. And remember, by the time 'news' filters its way down to you, all the 'smart money' has already 'been there and done that'.

Yes... FWIW I find swing trading indices easier. In order of difficulty, lowest to highest: 1) Indices 2) Forex 3) Commodities (energy and metals) 4) Individual stocks

It certainly seems like certain 'kinds' of people are more drawn to trading than others. Most of these kind seem to have issues with sadness, loneliness, lack of fulfilment, insecurity etc. I certainly do. Dunno what I'd do if I had $400,000 though. At some point I'd like to think I'd go abroad and spend money and have some fun (when Covid is over), but I suppose it's entirely possible that trading becomes your life and you are never happy even when you'd had some success.

So you are following the advice to put stops just above resistance and just below support, and not at 'obvious' round numbers etc? In a strong uptrend, put a stop beneath a very bullish candle and vice versa.

Wondering if it has something to do with the fact that 80% or more of clients are long on gold at any given time. So if the vast majority of clients are long and the price does indeed go up, there are not enough clients short to match you against and they certainly don't want to put an order into the market selling a strong uptrend. Does make you wonder if IG are actually deliberately not honouring your trade. And if so the c*nts should refund your missed profits sharpish, and not make you have to submit a claim for it either.

Good for you, bud.

Woke up this morning, drowning in my own sheeeeit.

Time for a socialist government that provides healthcare for all, full employment and closes down the stock market swindlers for good

Next stop on the road to hell, S3

Gas shot back up again at the end of Friday.

With your 1:1.5 or 1:2 ratio you will make money over the long term (i.e. over a large enough number of trades), so you need to make sure you can withstand a run of 10 - 20 losses and still have money left to keep going. Also be aware that you will be sitting on the side lines during large trending moves, because you got out at 1.5 times your risk, so you will have the excruciating pain of sitting watching the market continuing to go in your favour for days on end after you took your profits. Even worse, there will be days upon days upon days when you are sitting watching a sideways market, and it will test your patience to the absolute limit trying not to put on a trade. No wonder a lot of people say 'f8ck this' and just put their money in an S&P 500 tracker

What DO you do? I'm on here all day everyday showing what I do. Maybe I shouldn't and be more like you?

Isn't the benefit of hindsight wonderful, Tom?

This is Nison's candlestick book and it's one of my favourites. https://www.pdfdrive.com/japanese-candlestick-charting-techniques-e13778991.html

Did he say something about releasing $300 billion for extra stimulus? The Democrats wouldn't settle for $1 trillion lol...

I would post links to some ebooks but might get into trouble for it.