Recent content by cofton

Streetwise Publications are offering the monthly pay as you go. I'm not endorsing it but if you're strapped for the lump sum payment then at least you can try it out on a month per month basis. Better to lose a couple of months at £97 per month than lose the whole £1700 which I believe it is...

He's actually selling it now for £97 per month. Now whilst I agree that if it works then he would be able to command a pricely sum. And he is ! Imagine 1000 people paying £97/month - Yes thats a massive £97,000 per month going into his Forex account ! I call that a princely sum so maybe he...

I know this is an old post but 'here, here' to Scanjet's comment 'If we were all totally blinkered we'd still be travelling around on the back of a mule....' The problem with many traders is that they have become totally blinkered and are not open to anything new that maybe (just maybe) worth...

Depends what time frame you're trading on and your trade entrance and exit rules. Fixed SL's and fixed TP's are normal for specific systems/methods. It's irrelevant what the market is doing if your system/method is proven to your satisfaction

Grantz I understand where you're coming from with the scenario of 50 TP and closing at 40 pips but a trader either has system rules or he/she doesn't. If you use the same scenario with a 10 pips TP and you come out out 5 TP and you do this everytime then when you have a losing run then your...

I think you may have something there, the experience I have had working with many (not all) university graduates is that many feel the world owes them a living because they have pieces of paper suggesting they are more intelligent than people who are non grads. Many have not had to work hard in...

I do not think that any timeframe is easier than another, both are difficult until you find your own style and methodology. The only difference being is that a shorter timeframe can bring your TP (take profit) sooner in many cases. For me daily/weekly trading is difficult because I simply do...

Brilliant post ! Overlong but brilliant :) The only part I do not agree with (being a day trader myself) is your comment: '....but I would would not recommend day trading to a newbie EVER. If you want to to sit and stare at a flashing screen all day make lots of trading decisions, monitoring...

'I see what Darwin saw - and I am very frightened....' 'I understand enough to be very frightened too..' Not quite sure why any of us should be frightened ?? Shouldn't we celebrate and embrace the discoveries of Darwin ? If we are frightened by it all that may in itself send us down the...

Wish I'd have posted this George Carlin video in the first place as it would have saved me a lot of typing ! This guy said it all and far better than any of us. Brilliant and funny, just brilliant JTrader.

Religion and God are seperate issues ? Yes Religion and God 'per se' are seperate issues but most religions tend to attach themselves to a 'particular kind of God' and this is when they are not seperate issues and this is where the problems and troubles and wars and arguments begin. There is...

Brilliant view trendie ! Made me think a little and I tend to agree with much of what you said. I particularly like your signature 'If the only tool you have is a hammer, you tend to see every problem as a nail - Abraham Maslow There are 10 kinds of people in the world; those that understand...

I just came across this post while browsing T2W and probably the best I've read, cracking advice and very truthful. I know it's an old post but very useful for both newbies and veterans alike. trader_dante you are the man !

00 No, I guess you still don't understand metaphors and how and why we use them. Not to worry, my post was obviously way above your head. And you asked me if I was on 'strong medication prescribed by your therapist...' ??? I think maybe you should reduce your medication dose and begin to...

New_trader - Why did you look for tiny pink elephants in the first place ? Searchlight - Are you saying that if we all 'expect to see one' we will all see the tiny pink elephant ? Or is it just the chosen few ? I have known people that believe in them totally but have never ever seen one...