Recent content by TBS

Hi frinos, You are assuming that the market moves in one direction and when it has started to move it continues to move in that direction, unfortunately rarely the case. What happens if it moves from 1000 to 989 then back to 1011?, you get stopped out twice If you think it is going to go to...

Purely my suggestion that given the time constraints you have, that you may not find yourself in a half decent frame of mind for 2 hours of intense day trading after a full days work - maybe you would! Unfortunately I don't know enough about buying and selling shares through spreadbettors, but...

You are indeed a bit stuck - personally if I only had 2 hours after a days work - I wouldn't bother with trying to be a gunslinging day trader, it is hardly a relaxing pasttime and the more tired you get the more likely you are to make a mistake. So, this leaves you with medium/long term trading...

An End of Day trader is generally, although not always, a swing-trader. They look for confirmation of a set up and either place their entry order within the last 15 mins or so, or the next day (once the initial opening madness has passed). The sort of trades they are looking for are either...

What this shows is that the dynamics on the GBP/USD is different to the EUR/USD Completely different ball-game, also prone to some indifferent slippage on fills and spreads you could drag a regiment of eyeraki pow's through

You can get various pivot levels from http://www.thetradepit.com Ftse, Dax, SMI, ESTX & mini sp - basis futures

depends on your time frame, to some a trend lasting for an hour may be considered to be 'long term'

Are you talking about the spread between 2 markets e.g. FTSE/DAX?

Oh, and that is't a head and shoulders, no support has been broken and the pattern is very far from holding the sort of symmetry that you would expect. ... and MA's are worthless.

The trend may well be your friend, but not half as chummy as knowing your initial exit point before you execute the entry - and therefore understanding your risk and how you are going to manage the trade. TA is very rarely about prediction (there is a certain amount of 'prediction' about a...

1. Trading is not a team sport. 2. See 1.

You need to figure out a,b and c before you do anything - they are essentially 'life-style' questions. You are bounded by the amount of time and at what point of the day you are able to trade - family/relationship constraints. What starting equity you have, what you expect to return, what you...

Forget the gossip, it won't make you a trader/investor/speculator, if you are serious about learning to trade then it is a personal 'quest'. 99% never even get close. Have a crack at these questions - even if you don't really know the answers. a. why have I decided to play the markets? b. why...

useful traders glossary here: http://www.thetradepit.com/pages/glossary1.htm Jim Wyckoff allowed me to pinch it - (if there are any copyright fuhrers about).

roflmao roll on floor laughing my ass (a rse) off