Thank you Bemac... — Thanks. Sincerely appreciate it. I have a great respect for several traders on this site... you are one of them. Please feel free to 'combat' or simply converse about any item you see here.

Trading for a Living - Cliff Notes

Very well stated... — Nice post. Thanks. m

Trading for a Living - Cliff Notes

Thanks... — Appreciate it... and my favorite shows are House and Lie to Me. m

Trading for a Living - Cliff Notes

Bingo... — Because that's what you are doing with high leverage... gambling. m

Trading for a Living - Cliff Notes

Sorry... — Month. My targets are always 15% but that's not the norm. Usually around 8 to 10 and (knocking on wood) never less that 5. m

Trading for a Living - Cliff Notes

Depends... — If you've read my thread on pivots or visited my site there is method behind the madness. It's not really that discretionary. However... I do consider my scalping quite discretionary but I've been doing it for several years ...

Trading for a Living - Cliff Notes

Ahhh... — If you live at home and have a nice allowance. Seriously... no. m

Trading for a Living - Cliff Notes

Yes... very true... — But this is what I want to do. It's like a large chess game where I get to win almost every week. m

Trading for a Living - Cliff Notes

Yep... — Leverage is the enemy. I could also be down 16% month. m

Trading for a Living - Cliff Notes

The System... — The system you see is a retrace system and has nothing to do with the pivots. Use a 20 and 30 EMA. Make the 30 red. Make the 20 green. Use Stoch(9,3,3) m

Trading for a Living - Cliff Notes

Yeah... — A stop loss is needed for every strategy. Agree. m

Trading for a Living - Cliff Notes

Singles and Doubles — Lesson 9: Trade Like Cal Ripken Played If basebaball isn’t your thing Cal Ripken was one of the most consistent players in history. He holds the record for consecutive games played and was always ‘in the game.’ So… don’t ...

Trading for a Living - Cliff Notes

Daily Pivots — Lesson 8: Pivots Pivots are very effective in this market. Even if you don’t want to use them as a principle system please put them on your charts. Dail pivots are highly effective if you trade any of the majors. Check out ...

Trading for a Living - Cliff Notes

Well... — Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;

EURUSD

No Sir... — I've tried longer time frames back in the DEMO days. I couldn't sleep. I found myself waking up to take a piss and head to the office to check the market. I love what I do and I'm pretty hardcore... but that was too much. m

Trading for a Living - Cliff Notes

Pivots are... — Based on the NY close. m

Trading for a Living - Cliff Notes

LOL... — I don't trade the EURO session. My computers may be on but I'm off. m

Trading for a Living - Cliff Notes

Thanks for the visit... — m

Trading for a Living - Cliff Notes

Sorry TW... — I've never traded anything long term but I'm sure there traders using weekly and monthly pivots to trade. I've just never been exposed to it. m

Trading for a Living - Cliff Notes

Thank You... — You rock. m

Trading for a Living - Cliff Notes