Nope... — I don't know what a turtle is but I know of several hedge fund managers that are trading very large capital and they are doing better than 8% month. One in particular - Centaurus Advisors, LLC doubled their coin. I know of another ...

Trading for a Living - Cliff Notes

LOL... — ha Love having you around man. m

Trading for a Living - Cliff Notes

Thanks. — Appreciate it. m

Trading for a Living - Cliff Notes

I will agree... — That's why it's important to have a system with a hit rate over 65. m

Trading for a Living - Cliff Notes

Sure. — The European traders start around 2:00am EST. The NY desks start around 8:00am EST. Many people consider the overlap the best time to trade but I like 3:00am EST to 2:00pm EST. The Euro fix takes place around 11:30 EST. I'd ask someone ...

Trading for a Living - Cliff Notes

Thanks... — I like a little contention... but prefer it be an informed trader who does the combating. m

Trading for a Living - Cliff Notes

Yep... — I'm acquainted with several bank traders but I don't fly to NY very often to hang out with them. Yes... I am saying they use daily pivots and S/R. Additionally... it's easy to deduce someone very big is using them because of how price ...

Trading for a Living - Cliff Notes

Sure... — Link away. Appreciate it. m

Trading for a Living - Cliff Notes

Thanks EV... — By the way... EV has redefined how to trade pivots and psych levels. If you get a chance... read through his calls. Mike

Trading for a Living - Cliff Notes

Totally agree... — Demo accounts are for testing the system and gaining system confidence. It's different when it's your own capital at risk. m

Trading for a Living - Cliff Notes

LOL... — The darkness is clearing. With the death of MJ, Farrah and that guy that screams during the commercials I need to start being nicer. I'm not too far away from 50 and apparently that hasn't been a lucky number lately.

Trading for a Living - Cliff Notes

15 min with daily pivots... — Check out the attached chart. Today's eurusd range. These are daily pivots and the chart is a basic 15 min chart. Bounced off the pivot... moved to S1... bounced off S1. Mike

Trading for a Living - Cliff Notes

I do... — That is what I trade the most. m

Trading for a Living - Cliff Notes

correct... — That was lesson number 22 or something. There's nothing like losing real capital. Once the system has been tested on a Demo account start trading it live with micro-lots. m

Trading for a Living - Cliff Notes

Hmmmm — You have to admit 21 is close to 20 and in my world I don't deal in minutia. I must admit math is one of my weak areas. I do appreciate the award... I don't get many... and have never been knighted let alone the king of something. I'm ...

Trading for a Living - Cliff Notes

Yeah... — The big difference... it ain't their money. m

Trading for a Living - Cliff Notes

Honestly... — Some of the best traders I know are self taught and a few big traders are ivy league pukes. I'm guessing a combination of everything above. This site is great... I've learned so much. I didn't become a consistently profitable ...

Trading for a Living - Cliff Notes

Thank... appreciate it... — Oh... congrats on the win today. Thanks again for the kind words. m

Trading for a Living - Cliff Notes

Well... — Let's say the last six months of trading you averaged 8% a month. If you have an account with 80K then your taking out around 6400/month gross. Not bad. m

Trading for a Living - Cliff Notes

None... but I should — I really like watching each tick when I'm in a trade. The majority of the time I'll only be in one pair at a time. I know that limits my opportunities but it allows me a greater understanding of the nuances and possible ...

Trading for a Living - Cliff Notes