Recent content by Mr.J-Arthur

Um? No? I hear people say this sh*te all the time, "Well he/she is only good if they keep making money." His "real value" is more than anyone here...153m to be precise (probably more now). So he has nothing to prove. At a certain point you must retire anyways. I will retire when my account is...

I've learned that it's better to just WALK AWAY. Plus there's many activities you can do to work off the tension...like walking, running, biking, playing video games, or go out drinking (okay that's not a good habit;) take the day off...what does it matter? the market never runs out of...

Any time you risk money or property for gain, it's speculation or in other words, gambling. Starting a restaurant is a gamble. Investing is a gamble. playing poker is a gamble. Trading is a gamble. Buying property in EXPECTATION of values going up is a gamble. Just about everything in life has...

I say I'm unemployed. Nobody needs to know what I do... (evil grin, muhahaha) But seriously, people either think you have a lot of money (and want some) or knock our line of work by saying, "Oh that's not work.."

Road biking, mountain biking off road trails, lifting weights, parties, poker, drinking coffee, video games.

Lol. "D" is the hardest, because focus is huge. Less partying = bigger paycheck and more rewards.

Make good trades, period. But have loose goals..Ex: Make enough to pay expenses x,xxx-x,xxx or something.

I found my indicator of choice that really works for me. Finally raking in profit more consistently, not that it's perfect, but it helps. Sorry, won't share it. Well I guess I can...it's called HACO, and I set it to a large setting on a 1 min chart.

To Calinor/OP: Sure it's possible to make a living trading, after you pay your tuition :D Then you will scrap every last dime together to apply the lessons. I'm living off my profits, but I live a meager life style (low expenses). I literally only need $25-$100 a day to live...the question is...

Expect $0-($-10,000) first 1-3 years. This is tuition and almost unavoidable. You are lucky to show consistent profit IF you do. Most start out with huge goals taking huge risk *tisk tisk* Once you learn, if you still have the shirt on your back...it can vary A LOT (depending on style and...

he's entertainment only... anyone selling chat rooms, software, tips, hints, premium service, signals blah blah is probably not making much in their own trading. I read an article about him starting this business after he left the pits and was in debt. I have watched his videos, but you must...

DON'T over-trade.... don't day trade... end of story! tame your emotions as well...

The collective can be random :D Why not? Especially when some of the posiitions are greatly leveraged over the other small fish...It's possible for large players to take the opposite side of a trade and move the market...for any reason (if they so choose). I remember watching an interview with a...

Uh Wasp-the 15 min charts you posted...those are good. I consider 15 min charts to be mostly non-random. It's the 1 min "heart monitor" charts that contain the most noise. 10 min seems to be a little random, 15 better, 30 very good and 60 min excellent for big swing trades.

Lol Wasp- When I made this thread I wan't implying retail traders are random - but rather the collective market moves in any direction despite fundamentals/technicals. There can be no new news and a market will pick a direction-for no reason-and move! I think when you accept the market can be...