Hey 60, Sorry man, totally missed this question. My obsession with pattern recognition eventually led me to combining a specific metric in combination with a specific market condition. And viola! Everything was instantly illuminated... that's really ...

The random/non-random debate is always a hot topic on FF, and trading forums in general. Half of it is semantics, and the other half is… well, who really gives a fuck. Here is the bottom-line, folks: No one cares about what any of us thinks – ...

The market, like all living entities, is a working and methodical system. And because it's a system (by traditional definition), it is NOT random. I used to think otherwise many years ago, but as time passes, the previously mentioned statement ...

Quitting now is absolutely NOT an option. You'd be twice the fool if you quit now, compared to the fool you were when you blew out that last account. You obviously have enough market experience to make steady gains. At it's most basic level, ...

Fantastic work here, Bandung. Thank you for your contributions.

The answer seems obvious. Give me the blond and the $100K, and I'm out...

By "good ones", do you mean those that make money?

The bad news is people with your type of psychological makeup are drawn to markets like moths to a flame. Which is unfortunate due to your/their self-destructive nature. The good news is that if you survive you will be compensated, not only with ...

Perhaps I should clarify. By "sleepwalking through your decisions" I am referring to having more of an intrinsic approach to the market. Trading without all that heavy duty brain work. If you think about it, we're always faced with the same setups, ...

An obvious comprehension gap is occurring here. Cindy seems to be a bit further up the ladder. A time comes when the need for patience becomes obsolete in the trading process. You start sleepwalking through your decisions. This is what I believe he ...

The primary component of successful trading is being right... as often as possible.

Hedging is for those who have not mastered taking losses. Those who have not mastered taking losses, have not mastered the market. Those who have not mastered the market, have not mastered themselves. Those who have not mastered themselves lose ...

Nothing new under the sun — There are a ton of systems out there. Many of which have some kind of "proprietary indicator" or software. Before committing your money, or worse yet, your beliefs to such things - consider the following: There is ...

Yeah, I remedied that a while ago by setting firm targets. Letting profits run was definitely not inline with my psychology.

Panda is better than the Mona Lisa... check out the video. video Also, thanks for the link. I'll check it out.

In other words, chasing trends is for suckers.

Something else to consider — At first it may appear that a trader gets paid to follow price, but eventually a trader must realize that he/she gets paid to anticipate where future prices end up. It's called speculation for a reason.

Spekitox, That's a great analogy with the 50% of clearance sale. Just because one sees price jolting around does not mean they need to be placing an order. If the setup is not looking right based on what you need, you don't need to be in the trade. ...

Just wanted to update quickly. In the example above, the trade ended up dropping 40 pips after I posted it. One could have easily made money trading the divergence signal alone. And that's great... but it doesn't change the fact that I knew it was ...

Technical Quality example — Here's a chart in reference to my previous post about looking for great setups. In the example below, divergence is recognized. However, I most certainly would not consider this a great setup. pass...