Recent content by _JWG_

Hi T2W members, Just looking to meet and chat with Forex traders from Australia in the aim to share a few experiences and stories. More interested in topics like working from home, trading discipline, recommended books, family/work life balances, lessons learned, etc. Everyone has a certain...

Anybody out there know of club or meet in Melbourne where day traders get togther to talk shop? Cheers JWG

G'day, I trade Day Trade Australian stocks (ASX). Currently in Melbourne and would like to chat with fellow ASX traders. Skype: jaygualtieri

G'day, I trade Day Trade Australian stocks (ASX). Currently in Melbourne and would like to chat with fellow ASX traders. Skype: jaygualtieri

The down move of gold is running out of puff. Equites have closed beyond major support. I'm now Bullish on gold.

I'm looking to short. I expect price to run out of puff as it approaches 100. When this is confirmed I will sell. This big run-up is making me even more excited about the possible shorting opportunity.

Short term bear. I think with equities at a major support level we could see a subsequent bounce up over the next few weeks. Therefore I expect to see selling of gold and buying of equities. However I don't think it will last long. Maybe a few weeks, possibly a month. But... you never know...

LOL. I wouldn't touch a pork pie if you paid me... Cheers JWG

Hey Bashir, Hope all is well. Good to see your going to have a crack at the DAX. I'm interested to see how you go. Forgive me but isn't each point on the DAX & EUROSTOXX worth the same? - 10 Euro's? I mean i'd argue that the Eurostoxx has smaller movements as an index of 2200 pts VS the Dax...

It's interesting to me that after 45 votes over 57% are wrong. I'm trying to figure out what to take from this number... I gotta say regardless, I'm disappointed. Cheers JWG

What a Joke! They can't be serious! :thumbsdow:thumbsdow:thumbsdow:thumbsdow:thumbsdow:thumbsdow

Please re-read my post. I said "In gambling there is a guaranteed possible loss and a guaranteed possible win" this is applied to every single bet. Please quote me in future when posting a reply. I disagree again. At every stage in a poker game there is a guaranteed possible loss and a...

JWG-Nassim Taleb IS a "losing trader"....he loses small amounts on small bets on the probability that a rare event may happen, and the payout is a huge reward. In fact most professionals don't have a high win rate...and you don't need a high win rate, as long as draw downs are kept small. Yep...

It's all relative. What has the size of the move got to do with anything? Its all about the making a profitable trade. It's pure mathematics. A scalper could have taken 50 to 100 bites out of the 2000 point move. While a position trader might have taken 1. Who is gambling the most? Trading is...

downloaded it! works great! Cheers JWG