Recent content by randalfrost

lol yes! :D Seriously, I know people who were stuck on the learning curve for years. Their wives brought home the bacon and supported them in their decision to do trading. In the end all worked out and they're making money now. :)

The income from spouse might be useful during the learning curve. :cheesy:

My previous post on how much i make is total bogus, just a joke~ I know a few guys who do make, they make from 100+ pips on bad months to 500-700+ pips on good months. On most months, they do about 250-350 pips.

Guys relax, just joking. lol. :p Faris' post wasn't very encouraging for me to post a serious answer. :D

Nope, I'm not the same Randalfrost. But I do trade the ES, i'm raking in about $500k a month. Waiting to hit $10 mil so I can retire.

If you love scalping, do futures. With FX at 3 pips spread: +5 pips = 8 pips move. -5 pips = 2 pips move. You need 4 times the move of a loser to get a winner. For futures its usally 1 tick spread. Since its level 2 style, u get to buy at the bid and sell at the ask for 0 tick spread if...

Coinz, After being banned in ET, you're here. lol.

I read somewhere about mastering 1 setup and then moving on to another. I am in the process of selecting a setup and paying 100% attention to mastering it. But how would I know if that 1 setup works? What if the setup in question has discretionary parameters so you can't really test it on...

hmmm...did you attached something? I can't seem to see the attachment. Is the problem the board or my advertisement-killers?

We often hear people giving this advice: "Take trades with the trend, not against it" How true is this while applied to daytrading? Often time the Daily chart would show a rough uptrend while the 5 min chart shows excellent down moves and might even close lower than the open for the day. Or...