Recent content by er2wizard

  1. E

    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 nothing about trading. Only bashing someone that you feel stole your money. ohhhhh woe is...
  2. E

    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 consistently profitable trader. 90% of retail traders WILL lose money and blow out their account. Without...
  3. E

    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 that or change professions from trading to law.
  4. E

    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 them to the list.
  5. E

    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 confused trader would try and make money in a trading room to begin with. here is a fact......until...
  6. E

    How to become a trader

    If you beat the curve, like I said, God Bless.
  7. E

    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 books and watching dvd's. You end up paying $60 for a dvd and $600 implementing that magic...
  8. E

    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 morning session.
  9. E

    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 predictable and for that reason the markets are predictable. Fib extensions and retracements used in...
  10. E

    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 find an indicator you like, get intimate with it. Love it, pet it, cherish it, learn its language...
  11. E

    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.
  12. E

    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. Without knowing where to enter and where to exit, you're doing nothing more than playing a video...
  13. E

    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 being successful, don't skimp on that department. 90% of traders lose money over the long haul...
  14. E

    Any good futures simulators?

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