Kreslik.com - traders community since 2006

Taking emotional trades has NOTHING to do with trade size. It's all about how you perceive the market. The larger trade size I do the less emotional I become. This is purely a psychological barrier. Ultimately you either trust yourself to trade well or you don't. I don't trust myself any less just b...

nkhawaja, I understand the RAT system. However, I am just telling you what I SAW. The system is the TOOL. I am the TRADER - not a TOOL. Use the TOOL, don't be used by the TOOL. I saw more than just the after effect of this trade. I was in this trade short at the same time Lukx was long. What did I S...

+1 I can't help you with preconceptions, indicators, etc. All apologizes to Avery (although he might say the same thing), but the indicators/methodologies/etc. are just TOOLS. YOU are the TRADER not a TOOL. The only thing I can tell you about is what the Euro was DOING at the time you placed your TR...

EU also kicked my ass: http://clip2net.com/clip/m15854/1285252410-clip-8kb.png http://clip2net.com/clip/m15854/1285252585-clip-36kb.png If only you had gone short where you went long. Your losses are so consistent that if you just did the opposite of what you traded you would make Mr. Soros look li...

If an edge isn't that hard to find, why do we have almost 40 000 posts in the forum? es/pip is close, but no cigar. Its 98% psychology!!!! That's why. I see my dad getting all pissed off while trading and I'm sitting there telling him to take the emotion out of it......"what, I'm not taking em...

Buy low sell high. Go with the trend. Both are true. Both are false. Everything is permitted...

When you can observe the recent past, observe the current price, and calculate the future probabilities from this information then it is indeed so simple. An edge ISN'T that hard to FIND.

lukx, For those busting your balls it really isn't necessary. I have totally done what you did plenty of times. If he's got the money and this is how he wants his lesson - that's his decision. My first time trading I lost $25K on a futures account trading corn. Sad thing was at one point in the trad...

One of the key things I learned from Avery was that you must be available when the market is prone to move. I'll never forget the 1st week we traded together in Mexico. I woke up late for the NY open and attempted to trade the Euro and Russell. The week was not conducive at that time to that session...

Didn't realize that many folks followed the blog hehe. We'll see.

Google Perpetual Traveler or Perpetual Tourist. From wikipedia: Whether to minimize governmental interference (via taxes or otherwise), or to maximize privacy, the theory proposes that you arrange for each of the following to be in a separate country: 1.Passport and Citizenship - in a country that d...