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Forum: Discretionary Trading Mar 12, 2011, 2:18pm
Replies: 351
Views: 55,444
Posted By er2wizard
Re: schooloftrade & James Wave

Obviously you are a competitor of the company in question. You are by no means a trader. And if in fact you are under that illusion, my trading account thanks you for your contributions. You discuss...
Forum: Discretionary Trading Mar 12, 2011, 10:10am
Replies: 351
Views: 55,444
Posted By er2wizard
Re: schooloftrade & James Wave

You too miss the point. You say you understand it, but yet you miss it. NOT UNTIL you allow yourself to get to the point of moving on INSTANTLY, and not looking back, will ANYONE become a...
Forum: Discretionary Trading Mar 5, 2011, 7:19am
Replies: 351
Views: 55,444
Posted By er2wizard
Re: schooloftrade & James Wave

all i am saying is that this anger is eating lloyd alive, and i'm sure it's affecting his ability to trade with a clear vision. my opinion would be, that it's time to let go and move on. either...
Forum: Discretionary Trading Mar 5, 2011, 7:00am
Replies: 351
Views: 55,444
Posted By er2wizard
Re: schooloftrade & James Wave

yep, ego dictates blaming others for ones own shortcomings. until he lets go, he might as well blame any other educator he comes into contact with for his inability to be profitable, and just add...
Forum: Discretionary Trading Mar 5, 2011, 6:42am
Replies: 351
Views: 55,444
Posted By er2wizard
Re: schooloftrade & James Wave

lloyd,

frankly you're in a loosing mindset of a zone, spending this much time over a couple grand? put this energy into learning to trade and get rid of all your negativity. only a completely ...
Forum: First Steps Jul 27, 2010, 3:00pm
Replies: 23
Views: 2,102
Posted By er2wizard
Re: How to become a trader

If you beat the curve, like I said, God Bless.
Forum: First Steps Jul 26, 2010, 12:30pm
Replies: 23
Views: 2,102
Posted By er2wizard
Re: How to become a trader

IMHO, it takes at least 5 years of tossing darts before a few actually land in the profitable zone often enough to make a living. You don't learn to trade profitably on a consistent level by reading...
Forum: Technical Analysis Jul 17, 2010, 5:00pm
Replies: 16
Views: 4,082
Posted By er2wizard
Re: 886 retracement

88.6 and 78.6 are very reliable levels using a momentum indicator along with the fibs. Especially at the open, the deep retracements and double tops/bottoms are a favorite launching pad for the...
Forum: Technical Analysis Jul 17, 2010, 4:02pm
Replies: 260
Views: 50,414
Posted By er2wizard
Re: Fibonacci-Trader Discussion Board

Considering the Market is manipulated, and the market is made up of people, people are creatures of habit. Without going into Elliott Wave theory, let's just assume that's a given.People are...
Forum: Discretionary Trading Jul 17, 2010, 1:13pm
Replies: 78
Views: 11,587
Posted By er2wizard
Re: Are Indicators Worthless?

Indicators are TOTALLY worthless IF you keep looking for the "Holy Grail". When someone has a bad streak in trading, the first thing they blame is the indicators and search for alternates. If you...
Forum: Discretionary Trading Jul 17, 2010, 12:32pm
Replies: 24
Views: 17,697
Posted By er2wizard
Re: How to select stocks for day trading?

Stocks are ok but why not look into trading the e-mini futures. You get more bang for your buck.
Forum: First Steps Jul 17, 2010, 12:22pm
Replies: 12
Views: 903
Posted By er2wizard
Re: Holy crap

No Stops? That's financial suicide. Jumping on a moving train will rip your arms off. Concentrate on where to enter. Where to exit. By that I mean, you need to know where the pivots are going to be....
Forum: First Steps Jul 17, 2010, 10:37am
Replies: 23
Views: 2,102
Posted By er2wizard
Re: How to become a trader

Hello guys, I was just browsing through the post and this caught my eye from the standpoint of yup.... been there. Just my opinion of course but, a trading education is the most important aspect of...
Forum: Futures & Options Jul 16, 2010, 2:16pm
Replies: 4
Views: 829
Posted By er2wizard
Re: Any good futures simulators?

Have you tried looking at Ninja Trader. You can use it forever free.
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