What Kind of a Trader Are You?

“You have to take what the system delivers to you and not decide how you are going to trade the market. Many traders decide, “I am a day trader, or I only trade Dow futures etc. (…)

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As you can see G-Lines continue to perform very well -

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Your broker may not have decided to tell you, if you are a short term frequent trader, how commissions affect your account.  You probably won’t see articles put out by the industry either.  One of the most popular sites on the internet that has over 20,000 visits (and over 200,000 page views per day) provides the following statistics based on averages reported by their trader/subscribers:

We can see from the table above that a large percentage of these traders are making more than 6 trades per day, or better than 120 trades per month.  This is a rough guess, of course, but we can get an idea from this, what is going on out there in general; the brokers are making a killing. (…)

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I love cycles.  I can’t help it.  I see them in everything around me.  Everything has a rhythm.  In fact, if things did not have inherent change, the human perceptual system is designed to ignore them.  If someone puts their hand on your arm, at first, you notice it. (…)

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click play -

http://gforcetraders.com/launch.html
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Coming next week - new EminiForecaster interactive platform will feature:
- 3 additional forecast symbols:
ES, YM, NQ, SPY, QQQQ, DIA
- Every symbol will have its own individual forecast
- Emini SP500 will have support and resistance lines drawn on the
platform
- Daily alerts popups and email alerts (optional)
- Improved forecasting model
- New training videos
- New members area design
- and much more

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10 AM Morning Update for 11/5/2008
Please be aware, without respect to the EMF forecast, Price action at this time is neutral suggesting potential moves in either direction. (…)

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I recently spent around $90 on a book about candlesticks called High Profit Candlestick Patterns by Stephen W. Bigalow. (…)

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Current EMF Forecast

Here is an alert from this morning-
** ALERT ** Time= 1005: The current price action is bullish. Long positions taken on downside retracements may be beneficial between now and the close. (…)

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