new_trader
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tafita,
I'm sorry to say that you are very, very misguided.
While newbies (and everyone else for that matter) may well be very interested in the answers to these questions, it's ridiculous to suggest they 'ought' to know the answers to them. Even if Futex booted t_d out and he's blown every account he's ever had, it makes not a jot of difference to his posts on here. Conversely, if he's the 'star' trader at Futex - it doesn't make his posts here (or elsewhere) any more valid. Anyone who believes otherwise fails completely to understand the purpose of forums like T2W. But tafita, I have some good news for you and anyone else of a like mind. I have blown my account which, I guess, provides you with the justification you require to ignore this post and, indeed, all the other posts I've made on T2W. timsk has blown his account, ergo everything he writes is total shyte! Everything I write may well be total shyte, but that has nothing to do with me blowing my account!
Tim.
Blown your account...Jesse Livermore blew his brains out and I still think he is one of the few traders that knew exactly what is what. Reminiscences of a Stock Operator is an invaluable book and his 'lessons' have stood the test of time.
Some of the comments in this thread are a sickening example of what I despise so much in people. They want to be given FREE advice as if they are entitled to it and then demand recompense if they feel it hasn't worked or if they feel they have been misguided. I agree wholeheartedly, 100% with everything glyder has said. TD doesn't owe anyone anything, deal with it! You should have done your own figuring, done your own research and done your own homework, you have all got exactly what you deserve. Clinging to 'gurus' like grim death, motley collection of dunces you all are..