Recent content by billiondollars

Re: gold 24-03-2010 you are talking about Gold under Forex discussion. Wrong place.

Like you I am new. I am looking at best threads afew gems there.

It must 1) be educational so I can learn 2) call trades live with clear target/stoploss 3) have track record is there any out there?

I want to start out but I know it ain't easy and it would take at least 6months to 3/5 years to become a good trader. Is it a good idea to join any signal service (aka trading live rooms)? Is it the right step?

This must be the cause.

Still waiting for them?

A person without a dream is even more miserable.. LOL. High achievers are dream-implementers, not pessimists. Trading is not just about money. It brings freedom- not being controlled by someone else. Why make things more complicated? 2-10% a day return is more than enough for a person and...

What you have witnessed was representative of the majority but not of the better ones. A dream with an implementation plan is a great dream. Fortune favors the planned risk takers not the pessimistive thinkers.

Tim, 1. Pro traders use more than 10k, that's why they are telling you its impossible to start with that amount. Actually, anything more than 5k can be a good point to start for a serious beginner. As for the returns, 10% returns on a daily basis can be achieved on a frequent basis. 2% per day...

Not all big boys are performers. Even Citi group has losers. But 1% return on 100bn account can bring 1bn to the bank and handsome bonuses to the traders. Don't think that they are any better in terms of personal discipline. As for the small timers, 20% return can hardly make them seriously...

To close the gap at 5960?

Futures reacted positively to the CPI Jobs news.

I 'did' say you were more of a fundamentals player. You still have to make up some form of 'technical analysis' albeit in your mind whether it is a channel or highs/ lows. So, it wouldn't be correct to say that you are a truly intuitive trader. The stocks I held over the last year gained...

Yes, it is a zero sum game. I was refering to amateurs' numbers game in the context of 'intuitive trading style'. One cannot sell or buy just because the numbers ( digits in the prices ) look alright. Still, you haven't talked about how the intuitive trading works, particularly about how you...

You are more of a fundamentals trader. A truly intuitive trader would just pick a stock from S&P500 and he will hop from one to another. The fact that you have a selection of stocks is in itself making you familiar with those companies. Please tell us when to buy and when to sell. Partly true...